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Task 6: Plan and manage scheduleearned-value-managementschedule-performancespi-calculationproject-metrics
PMP · Question 76 · Task 6: Plan and manage schedule
A project has the following earned value data at the end of month 8:<br/><br/>- Planned Value (PV): $400,000<br/>- Earned Value (EV): $350,000<br/>- Actual Cost (AC): $380,000<br/><br/>What is the Schedule Performance Index (SPI)? (Round to two decimal places, enter numbers only)
A project has the following earned value data at the end of month 8:<br/><br/>- Planned Value (PV): $400,000<br/>- Earned Value (EV): $350,000<br/>- Actual Cost (AC): $380,000<br/><br/>What is the Schedule Performance Index (SPI)? (Round to two decimal places, enter numbers only)
How to approach this question
Calculate SPI using the formula: SPI = EV / PV. SPI = $350,000 / $400,000 = 0.875, which rounds to 0.88.
Full Answer
0.88
Schedule Performance Index (SPI) = Earned Value / Planned Value = $350,000 / $400,000 = 0.875 ≈ 0.88. An SPI less than 1.0 indicates the project is behind schedule.
Common mistakes
Using the wrong formula (confusing with CPI), calculation errors, or incorrect rounding.
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