SOFTWARE PROJECT MANAGEMENT
PROJECT SCHEDULING AND TRACKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Enable a detailed analysis of the schedule regardless of the value of the schedule variance
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Distinguish between critical path and noncritical path work packages
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Provide the ability to show performance for a specified time period for trend analysis
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Measure the actual time to complete the project
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Detailed explanation-1: -To find the schedule performance index, you must first find the planned value and the earned value. SPI is then calculated by dividing this earned value integer by the planned value integer. Therefore, the schedule performance index is a ratio of earned value to planned value.
Detailed explanation-2: -A schedule performance index (SPI) is an efficiency metric of how far ahead, behind or on time you are on a project. Put simply, it measures how on-pace you are to meet a project timeline.
Detailed explanation-3: -Interpreting Schedule Performance Index (SPI) Using the formula SPI = EV / PV, the project manager will have a value of less than 1 (project behind schedule), of 1 (project on schedule), or greater than 1 (project ahead of schedule).