Want to know if your project is on schedule? Let’s dive into Schedule Performance Index (SPI)!
Schedule Performance Index (SPI) measures schedule efficiency. It’s the ratio of earned value to planned value.
SPI shows how well you’re sticking to your schedule. It helps identify efficiency and potential delays.
Formula
SPI = Earned Value (EV) / Planned Value (PV).
Calculate SPI regularly. An SPI above 1 means you’re ahead of schedule; below 1 means you’re behind.
Use Schedule Performance Index to keep your projects on track. It’s a vital tool for efficient project management!
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Measuring Project Performance – Earned Value Management
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