The earned value to date divided by the planned value of work scheduled to be performed is the:
A)Cost performance index.
B)Budgeted cost at completion index.
C)Budget efficiency index.
D)Schedule performance index.

Question

Quizplus · Accepted Answer

The earned value to date divided by the planned value of work scheduled to be performed is known as the Schedule Performance Index (SPI), which measures the progress of the project against the planned schedule. The Cost Performance Index (CPI) measures the cost efficiency of the project. The Budgeted Cost at Completion (BAC) is the estimated total cost of the project, and the Budget Efficiency Index (BEI) is not a recognized performance index in project management. Therefore, the correct answer is D.

The Earned Value to Date Divided by the Planned Value