Use the earned value table for Project Terrace to calculate their schedule performance index if all dollar amounts are in hundreds.
A) 0.90
B) 0.80
C) 1.12
D) 1.20

Question

Use the earned value table for Project Terrace to calculate their schedule performance index if all dollar amounts are in hundreds. 
A) 0.90 
B) 0.80 
C) 1.12 
D) 1.20

Quizplus · Accepted Answer

To calculate the schedule performance index (SPI), we need to use the formula: SPI = earned value (EV) / planned value (PV). 
Looking at the earned value table, we can see that the EV is 600 and the PV is 535. Therefore:

SPI = 600/535 = 1.12

So the correct answer is C) 1.12.

Use the Earned Value Table for Project Terrace to Calculate