ExpertHard1 markShort Answer
Task 6: Plan and manage scheduleearned value managementSPI calculationschedule performanceproject control
PMP · Question 56 · Task 6: Plan and manage schedule
A project has the following earned value data at the end of month 6:<br/>- Planned Value (PV): $180,000<br/>- Earned Value (EV): $150,000<br/>- Actual Cost (AC): $165,000<br/><br/>Calculate the Schedule Performance Index (SPI). Round to two decimal places and enter numbers only (e.g., 0.85).
A project has the following earned value data at the end of month 6:<br/>- Planned Value (PV): $180,000<br/>- Earned Value (EV): $150,000<br/>- Actual Cost (AC): $165,000<br/><br/>Calculate the Schedule Performance Index (SPI). Round to two decimal places and enter numbers only (e.g., 0.85).
How to approach this question
Use the SPI formula: SPI = EV / PV. Substitute the values and calculate to two decimal places.
Full Answer
0.83
SPI = EV / PV = $150,000 / $180,000 = 0.83. This indicates the project is earning value at 83% of the planned rate, suggesting schedule delays.
Common mistakes
Confusing SPI with CPI (using AC instead of PV), or calculation errors in the division.
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