For example: A project has a budgeted cost of £120,000. This page describes SPI, CPI, SV, CV calculator. SV and SPI Calculator Calculate Schedule Variance and Schedule Performance Index CPI<1 and CV negative means project is running over budget. SPI<1 and SV negative means project is running behind the schedule. It mentions SPI,CPI,SV,CV formula/equations used in this calculator. To conclude the example, the SPI for the first quarter is about 0.69 ($4.5 million / $6.5 million). • PV (Planned Value) = BCWS = Work scheduled to be completed at budgeted cost As a ratio it is calculated by dividing the budgeted cost of work performed, or earned value, by the planned value. Following equation or formula is used for SPI, CPI, SV, CV calculations. This means that the project is about 69 percent (0.69 X 100 to convert to percentage) on its budgeted schedule, or about 31 percent behind. Schedule Variance (SV) and Schedule Performance Index (SPI) Calculator In order to compute the schedule variance (SV) and schedule performance index (SPI), populate the tool with planned value and earned value of your project. Also find the CPI and SPI. Find the cost and schedule variances. for example – planned efforts are as follows for each work item – requirement gathering = 40 hrs, design = 100 hrs. Earned value project management calculator solving for schedule performance index SPI given budgeted cost of work performed BCWP and budgeted cost of work scheduled BCWS According to the PMBOK®Guide, the schedule performance index (SPI) is a measure of schedule efficiency on a project and is expressed as the ratio of Earned Value (EV) to Planned Value (PV). So there is a way to calculate CPI based on SPI, but you must know a lot of other EVM values (SV, CV, and BCWP) answered 9 years ago by anonymous. the key to calculate spi/cpi at work package level is to know the percentage completion of work package. SPI and CPI less than 1 and SV and CV negative refers to something is wrong with respect to EXAMPLE: SPI stands for Schedule Performance Index, SV stands for Schedule Variance, CPI stands for Cost Performance Index and CV stands for Cost Variance. %completion of each work item, requirement gathering = 100%, design = 40%, build and test = 20%. Schedule Performance Index (SPI) 2. dBm to Watt converter SPI and CPI less than 1 and SV and CV negative refers to something is wrong with respect to schedule and cost in the project. It also mentions example for SPI, CPI, SV, CV calculations. PV = 150000 , EV = 120000 , AC = 175000 Calculating Schedule Performance Index (SPI) The Schedule Performance Index (SPI) describes the relationship between the planned schedule and actual schedule. Antenna G/T It equals the earned value divided by the planned value, or EV divided by PV. The schedule performance index (SPI) is a measure of how close the project is to being completed compared to the schedule. Microstrip line impedance Then find the critical ratio of the project using earned value calculations. • EV (Earned Value) = BCWP = Work performed at budgeted cost Project managers review this metric to identify whether tasks or projects are currently tracking ahead of or behind schedule. Stripline Impedance calculator CV stands for Cost Variance. Workfront calculates SPI at the project and task levels. Schedule Variance (SV) SV is e… Finally, calculate the ETC and EAC for the project. Build and Test = 200 hrs. Noise temp. • AC (Actual Cost) = ACWP = Actual Cost spent for the work performed, Following is the list of useful converters and calculators. It is used to measure how efficiently the project team is using the time on the project. SPI = 0.8, CPI = 0.6857 , SV = -30,000 , CV = -55,000. Calculation:The SPI calculation is based on the long-term precipitation record for a … to NF, ©RF Wireless World 2012, RF & Wireless Vendors and Resources, Free HTML5 Templates. There are 2 measures of schedule performance in Earned Value Management: 1. Calculate the SPI. Following equation or formula is used for SPI, CPI, SV, CV calculations. schedule and cost in the project. SPI stands for Schedule Performance Index, SV stands for Schedule Variance, CPI stands for Cost Performance Index and