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Schedule Performance Index

Definition: The Schedule Performance Index (SPI) is a project management metric used to measure the efficiency of time utilization in a project. SPI is calculated by dividing the Earned Value (EV) by the Planned Value (PV).

An SPI of 1 indicates the project is on schedule, while an SPI greater than 1 means the project is ahead of schedule. Conversely, an SPI below 1 signals delays.

Key Aspects of SPI:

1. Formula and Interpretation 2. Factors Affecting SPI

Strategies to Improve Schedule Performance:

  1. 1. Prioritize Critical Tasks: Focus on tasks that affect the overall timeline.
  2. 2. Resource Reallocation: Assign additional resources to delayed tasks.
  3. 3. Regular Monitoring: Track progress using project management software.
  4. 4. Avoid Scope Creep: Control changes through a formal process.
  5. 5. Improve Communication: Ensure the team understands deadlines and priorities.

Other Terms:

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