SPI,CPI,SV,CV calculator | SPI,CPI,SV,CV Formula or equation
This page describes SPI, CPI, SV, CV calculator. It mentions SPI,CPI,SV,CV formula/equations used in this calculator. It also mentions example for SPI, CPI, SV, CV calculations.
PV = 150000 , EV = 120000 , AC = 175000
SPI = 0.8, CPI = 0.6857 , SV = -30,000 , CV = -55,000
SPI, CPI, SV, CV Formula or Equations
Following equation or formula is used for SPI, CPI, SV, CV calculations.
SPI stands for Schedule Performance Index, SV stands for Schedule Variance, CPI stands for Cost Performance Index and CV stands for Cost Variance. 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. SPI<1 and SV negative means project is running behind the schedule. CPI<1 and CV negative means project is running over budget.
• EV (Earned Value) = BCWP = Work performed at budgeted cost
• PV (Planned Value) = BCWS = Work scheduled to be completed at budgeted cost
• AC (Actual Cost) = ACWP = Actual Cost spent for the work performed