EVM Exercise 2 – How to calculate the Performance Indices (SPI, CPI, and CSI)
Exercise on the calculation of the Earned Value Management Performance Parameters SPI, CPI, and CSI
After defining, the parameters SPI, CPI, and CSI in the previous videos, we are here applying this to a project and evaluate the performance.
In the first step, we calculate the SPI = EV/PV
Then we calculate the CPI = AC/EV
And finally the CSI = SPI x CPI
Based on these parameters, we can determine project performance over time and see how the projects are performing.
In the next videos, we will determine the Estimates at Completion that will provide us valuable information about the expected end cost of the project.
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