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Harriet has 3 projects, with the following conditions: Project 1 _ CPI=.8 & SPI =.1.4 is inClosing Phase of Project, Project 2- CPI=.9 & SPI=.8 is in Execution phase of project, Project 3 _ CPI= 1.0 & SPI=.9 is in Planning phase of project. Which of her projects shows the most potential for success, of being on schedule and on cost, solely based on CPI/SPI at this moment in time?
Project 1
None of the Projects
Project 3
Project 2
Let's first look at the definition of Schedule Performance Index and Cost Performance Index; A value >1 shows ahead of planned schedule and under planned cost, a value<1.0 is behind planned schedule and over budgeted cost, and a value=1.0 is on planned schedule and on planned cost. Project 1 is correct as both parameters are on or ahead of schedule and cost at this time.
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