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ISEB-PM1 · Question #348

Using the following data, what is the Schedule Performance Index (SPI)? EV = $500 PV= $750 AC= $1000 BAC= $1200

The correct answer is A. 0.67. SPI = EV ÷ PV, so $500 ÷ $750 = 0.67, confirming option A. An SPI below 1.0 means the project is behind schedule - you've earned less value than planned. Why the distractors are wrong: B (1.50) inverts the formula - it divides PV by EV ($750 ÷ $500), which reverses the…

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Question

Using the following data, what is the Schedule Performance Index (SPI)? EV = $500 PV= $750 AC= $1000 BAC= $1200

Options

  • A0.67
  • B1.50
  • C0.75
  • D0.50

How the community answered

(32 responses)
  • A
    81% (26)
  • B
    3% (1)
  • C
    13% (4)
  • D
    3% (1)

Explanation

SPI = EV ÷ PV, so $500 ÷ $750 = 0.67, confirming option A. An SPI below 1.0 means the project is behind schedule - you've earned less value than planned.

Why the distractors are wrong:

  • B (1.50) inverts the formula - it divides PV by EV ($750 ÷ $500), which reverses the relationship and has no standard meaning.
  • C (0.75) comes from dividing PV by AC ($750 ÷ $1,000), mixing up the wrong variables entirely.
  • D (0.50) is actually the CPI (Cost Performance Index = EV ÷ AC = $500 ÷ $1,000) - a common trap that tests whether you can distinguish schedule from cost performance.

Memory tip: Think "SPI = Schedule = PV in the denominator" - PV is your planned (scheduled) baseline, so it anchors the schedule index. If you remember CPI = EV/AC (both "actuals"), then SPI = EV/PV follows naturally as the other pair.

Topics

#Schedule Performance Index#SPI#earned value management#EV calculation

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