PROJECT MANAGEMENT

COST PERFORMANCE INDEX

cost performance index (CPI)

budgeted cost of work performed (BCWP)

actual cost of work performed (ACWP)

SCHEDULE PERFORMANCE INDEX

schedule performance index (SPI)

budgeted cost of work performed (BCWP)

budgeted cost of work scheduled (BCWS)

COST VARIANCE
cost variance (CV)
budgeted cost of work performed (BCWP)
actual cost of work performed (ACWP)
SCHEDULE VARIANCE
schedule variance (SV)
budgeted cost of work performed (BCWP)
budgeted cost of work scheduled (BCWS)
SCHEDULE VARIANCE
variance at completion (VAC)
budget at completion (BAC)
estimate at completion (EAC)
EV: Earned Value
PV: Planned Value
AC: Actual Cost
CV: Cost Variance SV: Schedule Variance
BAC: Budgeted Cost at Completion
ETC: Estimated Cost to Complete Remaining Work
EAC: Estimated Cost at Completion
VAC: Cost Variance at Completion
CPI = EV / AC
SPI = EV / PV
INDEX CPI SPI

>1.00 UNDER RUN AHEAD OF SCHEDULE

=1.00 ON COST ON SCHEDULE

<1.00 OVER RUN BEHIND SCHEDULE