A SPI of 1.1 means that the project Is:
A.
under-budget.
B.
behind schedule.
C.
ahead of schedule.
D.
over-budget.
A SPI of 1.1 means that the project Is:
A SPI of 1.1 means that the project Is:
A.
under-budget.
B.
behind schedule.
C.
ahead of schedule.
D.
over-budget.
Admin: The Answer should be C
Schedule Performance Indicator (SPI)
Schedule Performance Indicator is an index showing the efficiency of the time utilized on the project. Schedule Performance Indicator can be calculated using the following formula:
SPI = Earned Value (EV) / Planned Value (PV)
OR
SPI = BCWP / BCWS
The formula mentioned above gives the efficiency of the project team in utilizing the time allocated for the project.
SPI value above 1 indicates project team is very efficient in utilizing the time allocated to the project.
SPI value below 1 indicates project team is less efficient in utilizing the time allocated to the project.