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Nick has 3 projects, with the following conditions: Project 1 _ CPI=1.28 & SPI =0.85 is inClosing Phase of Project, Project 2- CPI=1.05 & SPI=1.15 is in Execution phase of project, Project 3 _ CPI= 1.05 & SPI=1.1 is in Planning phase of project. Which of his projects, based on the CPI and SPI parameters alone has the worst position on schedule but best on cost?
Project 1
Project 3
All of the Projects
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 has the best cost and worst scheule of all of the projects.
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