What is the formula to find the schedule performance index?

The correct answer is C. EV/PV. The schedule performance index shows how well the project is performing on schedule. It is found by dividing the earned value by the planned value. Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies that the schedule is ahead or…

Schedule Monitoring and Controlling

Question

Options

AEV-PV
BEV/AC
CEV/PV
DEV-AC

How the community answered

(35 responses)

A
6% (2)
C
91% (32)
D
3% (1)

Explanation

The schedule performance index shows how well the project is performing on schedule. It is found by dividing the earned value by the planned value. Schedule variance (SV) is a measure of schedule performance on a project. The variance notifies that the schedule is ahead or behind what was planned for this period in time. The schedule variance is calculated based on the following formula: SV = Earned Value (EV) - Planned Value (PV) If the resulting schedule is negative, it indicates that the project is behind schedule. A value greater than 0 shows that the project is ahead of the planned schedule. A value of 0 indicates that the project is right on target. Answer option D is incorrect. EV-AC is the project's cost variance. Answer option B is incorrect. EV/AC is the project's cost performance index. Answer option A is incorrect. EV-PV is the project's schedule variance.

Topics

#SPI#schedule performance index#earned value management#formula

Community Discussion

No community discussion yet for this question.

Full PMI-SP Practice