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Schedule Performance Index (SPI) in Project Management

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J. Scott Christianson
J. Scott Christianson

How to calculate and interpret SPI as it is used in earned value analysis in project management. Download additional slides, videos, and resources at https://www.christiansonjs.com/ Signup for The Free-Range Technologist, a monthly newsletter filled with creative commons resources, useful apps, and lifehacks: https://mailchi.mp/f8f0219bc305/jscott

Engineering
1 of 24
Scheduling Performance Index (SPI)
SPI = EV PV Scheduling Performance Index (SPI)
TABLE 13.3 Interpretation of SPI 0 0.5 1 1.5 2 2.5 SPI CPI Ahead of ScheduleBehind Schedule On Schedule
Scheduling Performance Index (CPI) Activity A: Total PV = $24,000 SPI Today Activity A: PV BY TODAY= $16,000
Scheduling Performance Index (CPI) Activity A: Total PV = $24,000 SPI Activity A: PV BY TODAY= $16,000 Today
Scheduling Performance Index (CPI) 50% Activity A: Total PV = $24,000 (CPI)SPI Activity A: PV BY TODAY= $16,000 Today
Scheduling Performance Index (CPI) Activity A: Total PV = $24,000 50% EV= $24,000* 50% = $12,000 SPI EV $12,000 Activity A: PV BY TODAY= $16,000 Today $16,000
Scheduling Performance Index SPI $12,000 = = .75 0.75 $16,000 0 0.5 1 1.5 2 2.5
TABLE 13.3 Interpretation of SPI 0 0.5 1 1.5 2 2.5 SPI CPI Ahead of ScheduleBehind Schedule On Schedule 0.75
TABLE 13.3 Interpretation of SPI 0 0.5 1 1.5 2 2.5 SPI CPI Project 0.75
Scheduling Performance Index (CPI) Activity A: Total PV = $24,000 SPI Today Activity A: PV BY TODAY= $16,000
Scheduling Performance Index (CPI) Activity A: Total PV = $24,000 SPI Activity A: PV BY TODAY= $16,000 Today
Scheduling Performance Index (CPI) 83.33% Activity A: Total PV = $24,000 (CPI)SPI Activity A: PV BY TODAY= $16,000 Today
Scheduling Performance Index (CPI) Activity A: Total PV = $24,000 EV= $24,000* 83.33% = ~$20,000 SPI EV $20,000 Activity A: PV BY TODAY= $16,000 Today $16,000 83.33%
0 0.5 1 1.5 2 2.5 1.25 Scheduling Performance Index SPI= = 1.25 $16,000 $20,000
TABLE 13.3 Interpretation of SPI 0 0.5 1 1.5 2 2.5 SPI CPI Ahead of ScheduleBehind Schedule On Schedule 1.25
TABLE 13.3 Interpretation of SPI 0 0.5 1 1.5 2 2.5 SPI CPI 1.25 Project
TABLE 13.3 Interpretation of SPI 0 0.5 1 1.5 2 2.5 SPI CPI Ahead of ScheduleBehind Schedule On Schedule
Be Careful When Using Money to Measure Time
Be Careful When Using Money to Measure Time Activity A: Total PV = $24,000 EV= $24,000* 75.00% = ~$18,000EV $18,000 Activity A: PV BY TODAY= $24,000 LF= Jan 4, 2020 Interpretation of SPI Today June 5, 2021 EV 75.00% SPI = $24,000 $18,000 = 0.75 <-18 Months Late->
TABLE 13.3 Interpretation of SPI 0 0.5 1 1.5 2 2.5 SPI CPI Ahead of ScheduleBehind Schedule On Schedule 0.75
Be Careful When Using Money to Measure Time Activity A: Total PV = $24,000 EV= $24,000* 100.00% = ~$24,000EV $24,000 Activity A: PV BY TODAY= $24,000 LF= Jan 4, 2020 Interpretation of SPI Today June 5, 2021 EV 100.00% SPI = $24,000 $24,000 = 1.0 <-18 Months Late->
TABLE 13.3 Interpretation of SPI 0 0.5 1 1.5 2 2.5 SPI CPI Ahead of ScheduleBehind Schedule On Schedule 1.00
Indexes to Monitor Progress

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Schedule Performance Index (SPI) in Project Management

Editor's Notes

  1. Measures scheduling efficiency
  2. Scheduling Performance Index (SPI) Measures scheduling efficiency SPI = EV/PV
  3. Scheduling Performance Index (SPI) Measures scheduling efficiency SPI = EV/PV
  4. Scheduling Performance Index (SPI) Measures scheduling efficiency SPI = EV/PV
  5. Scheduling Performance Index (SPI) Measures scheduling efficiency SPI = EV/PV
  6. Scheduling Performance Index (SPI) Measures scheduling efficiency SPI = EV/PV
  7. Scheduling Performance Index (SPI) Measures scheduling efficiency SPI = EV/PV
  8. Scheduling Performance Index (SPI) Measures scheduling efficiency SPI = EV/PV
  9. Scheduling Performance Index (SPI) Measures scheduling efficiency SPI = EV/PV
  10. Scheduling Performance Index (SPI) Measures scheduling efficiency SPI = EV/PV
  11. Scheduling Performance Index (SPI) Measures scheduling efficiency SPI = EV/PV
  12. Scheduling Performance Index (SPI) Measures scheduling efficiency SPI = EV/PV
  13. Using Money to Measure Time works fine while the activity or project is underway, but once the activity or project is completed, the SPI will be 1.00 regardless of how late the activity or project was delivered.
  14. Using Money to Measure Time works fine while the activity or project is underway, but once the activity or project is completed, the SPI will be 1.00 regardless of how late the activity or project was delivered.
  15. Although it doesn’t reflect the depth of the problem, being 18 months past our late finish.
  16. Using Money to Measure Time works fine while the activity or project is underway, but once the activity or project is completed, the SPI will be 1.00 regardless of how late the activity or project was delivered.
  17. Although it doesn’t reflect the depth of the problem, being 18 months past our late finish.