Question: We know that the project baseline is very important for measuring performance. If you have examined your lecture this week you have become familiar with

We know that the project baseline is very important for measuring performance. If you have examined your lecture this week you have become familiar with (CPI) Cost Performance Index and (SPI) Schedule Performance Index.

What is the benefit of measuring the project using a CPI and an SPI?

If you were a project manager and your project had the following characteristics in your resent status meeting:

Planned Value: $850.00

Actual Cost: $760.00

Earned Value: $800.00

Budget: $1200.00

What would the CPI and SPI be for the project?

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