SPI & CPI
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Hi,
SCHEDULE PERFORMANCE INDEX (SPI) – the ratio of work performed (earned value or BCWP) to work scheduled (planned value or BCWS).
COST PERFORMANCE INDEX / INDICATOR (CPI) – the ratio of earned value to actual costs (CPI = BCWP/ACWP). A value greater than 1 indicates that costs are running under budget. A value less than 1 indicates that costs are running over budget. Often used to predict magnitude of a possible cost overrun by dividing it into the original cost estimate (original cost estimate / CPI = projected cost at completion).
Hi,
SPI = Schedule performance index
CPI = Cost performance index
Please see details P3 manual or help.
Shaneouz