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Making project management indispensable for business results. We serve practitioners and organizations with standards that describe good practices, globally recognized credentials that certify project management expertise, and resources for professional development, networking and community.MI Â® Global Congress 2016âEMEA call for papers is open. Increase your influence and contribute to the success of others by presenting best practices, new tools, techniques and real life examples. Submissions accepted through 30 October.
Earned Value Management ; Elements of Earned Value Management; Schedule Variance and Cost Variance; Schedule Performance Index (SPI) and Cost Performance Index (CPI), like variances, allow you to assess the health of a project. In specific, SPI and CPI help you analyze the efficiency of schedule performance and cost performance of any project. Schedule Performance Index (SPI) The Schedule Performance Index indicates how efficiently you are actually progressing compared to the planned project schedule. As per the PMBOK Guide, âThe  is a measure of schedule efficiency, expressed as the ratio of earned value to planned value.â. The Schedule Performance Index gives you information about the schedule performance of the project. It is the efficiency of the time utilized on the project. Formula for the  The Schedule Performance Index can be determined by dividing earned value by planned value.