Within earned value analysis, the Schedule Performance Index. Calculated as the ratio of budgeted cost of work performed (BCWP) and budgeted cost of work scheduled (BCWS). SPI = BCWP/BCWS. If this value is 1 then the project, summary task or task is exactly on schedule. If the value is less than 1, then things are behind schedule; greater than 1, things are ahead of schedule. See also SV.
The Project Management Search Engine results here
[ Go Back ]
Microsoft Project® Fields, Terms and Definitions
Copyright © by PMConnection - (2162 reads)