PMP Formula of the Week: Earned Value Management Methodology

What condition does a Schedule Performance Index (SPI) of 1 mean for a project?

A. The project is on schedule.
B. The project is on budget.
C. The project is ahead of schedule.
D. The project has only one CP.

Reveal Answer

The correct answer is A.

Determining that the project is on budget, answer B, is a cost evaluation (not a schedule performance variable). If the project is ahead of schedule, answer C, it would require an SPI greater than 1. The project has only one CP, answer D, is also not correct because SPI has nothing to do with the CP.

PMP Formula of the Week Series

PMP Formula of the Week: Forecasting a Necessary CPI
PMP Formula of the Week: Forecasting a Necessary CPI Based on an ETC
PMP Formula of the Week: Ahead or Behind Schedule
PMP Formula of the Week: Point of Total Assumption
PMP Formula of the Week: Rent, Lease or Buy?
PMP Formula of the Week: Risky Task
PMP Formula of the Week: Earned Value Management Methodology
PMP Formula of the Week: Earned Value Management Methodology

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