What are the project-level schedule performance index

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Reference no: EM134028641

QUESTIONS

Question 1: EVM Cost and Schedule Variances and Performance Indices

Suppose Jon has a project consisting of three activities. Midway through the project, he collects the following information:

Activity PV EV AC

1 30 40 35

2 20 15 15

3 10 10 15

- What are the project-level Schedule Variance (SV) and Cost Variance (CV)?

- What are the project-level Schedule Performance Index (SPI) and Cost Performance Index (CPI)?

- Under what conditions would a positive variance and a performance index less than 1.0 co-occur?

Question 2: Corrective Action

Describe any performance "thresholds" an organization uses to signal when corrective action is required to get a project back on track.

Reference no: EM134028641

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