Difference between Cost Performance Index (CPI) and ...

Cost Performance Index (CPI): Cost Performance Index (CPI) is the measure of the cost efficiency of project. It is expressed as a ratio of ... 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ChangeLanguage DataStructuresAlgorithmsInterviewPreparationTopic-wisePracticeC++JavaPythonCompetitiveProgrammingMachineLearningWebDevelopmentPuzzlesProjectIdeasGFGSchool RelatedArticles ▲RelatedArticlesCostandScheduleEstimatingProcessDifferencebetweenCostVarianceandScheduleVarianceDifferencebetweenCostPerformanceIndex(CPI)andSchedulePerformanceIndex(SPI)DifferencebetweenCouchDBandRelationalDatabaseDifferencebetweenCouchDBandMongoDBDifferencebetweenMongoDBandCouchDBIntroductiontoApacheCouchDBArchitectureandWorkingofHiveApacheHiveHIVEOverviewIntroductiontoApachePigHadoop–IntroductionIntroductiontoHadoopDistributedFileSystem(HDFS)MapReduceinHadoopIntroductiontoHadoopHadoopEcosystemHadoopYARNArchitectureDifferencebetweenHadoop1andHadoop2DifferenceBetweenHadoop2.xvsHadoop3.xDifferenceBetweenHadoopandApacheSparkMapReduceProgram–WeatherDataAnalysisForAnalyzingHotAndColdDaysMapReduceProgram–FindingTheAverageAgeofMaleandFemaleDiedinTitanicDisasterMapReduce–UnderstandingWithReal-LifeExampleHowtofindtop-NrecordsusingMapReduceHowtoExecuteWordCountPrograminMapReduceusingClouderaDistributionHadoop(CDH)DifferenceBetween==and.equals()MethodinJavaDifferencebetweenBFSandDFSClassmethodvsStaticmethodinPythonDifferencebetweenIntelandAMDDifferencesbetweenBlackBoxTestingvsWhiteBoxTestingTableofContentsCostandScheduleEstimatingProcessDifferencebetweenCostVarianceandScheduleVarianceDifferencebetweenCostPerformanceIndex(CPI)andSchedulePerformanceIndex(SPI)DifferencebetweenCouchDBandRelationalDatabaseDifferencebetweenCouchDBandMongoDBDifferencebetweenMongoDBandCouchDBIntroductiontoApacheCouchDBArchitectureandWorkingofHiveApacheHiveHIVEOverviewIntroductiontoApachePigHadoop–IntroductionIntroductiontoHadoopDistributedFileSystem(HDFS)MapReduceinHadoopIntroductiontoHadoopHadoopEcosystemHadoopYARNArchitectureDifferencebetweenHadoop1andHadoop2DifferenceBetweenHadoop2.xvsHadoop3.xDifferenceBetweenHadoopandApacheSparkMapReduceProgram–WeatherDataAnalysisForAnalyzingHotAndColdDaysMapReduceProgram–FindingTheAverageAgeofMaleandFemaleDiedinTitanicDisasterMapReduce–UnderstandingWithReal-LifeExampleHowtofindtop-NrecordsusingMapReduceHowtoExecuteWordCountPrograminMapReduceusingClouderaDistributionHadoop(CDH)DifferenceBetween==and.equals()MethodinJavaDifferencebetweenBFSandDFSClassmethodvsStaticmethodinPythonDifferencebetweenIntelandAMDDifferencesbetweenBlackBoxTestingvsWhiteBoxTestingImproveArticle SaveArticle LikeArticle DifferencebetweenCostPerformanceIndex(CPI)andSchedulePerformanceIndex(SPI)LastUpdated: 16May,2019CostPerformanceIndex(CPI):CostPerformanceIndex(CPI)isthemeasureofthecostefficiencyofproject.Itisexpressedasaratioofearnedvaluetoactualcost.SchedulePerformanceIndex(SPI):SchedulePerformanceIndex(SPI)isthemeasureofscheduleefficiencyoftheproject.Itisexpressedastheratioofearnedvaluetoplannedvalue.Example:Aprojectisgoingtobecompletedin6monthsandthebudgetfortheprojectis50,000dollar.Afterthe3monthsitisfoundthatonly40%ofthetotalworkhasbeendonetodateand30,000dollarhasbeenspent.ThentheCostPerformanceIndex(CPI)andtheSchedulePerformanceIndex(SPI)iscalculatedasbelow:ActualCost, =30,000dollar PlannedValue, =50%of50,000dollar =25,000dollar EarnedValue, =40%of50,000dollar =20,000dollar CostPerformanceIndex, =EarnedValue/ActualCost =20,000/30,000 =0.67 SchedulePerformanceIndex(SPI), =EarnedValue/PlannedValue =20,000/25,000 =0.8Conclusion:Itcanbeconcludedthattheprojectisoverbudgetandbehindschedule.DifferencebetweenCostPerformanceIndex(CPI)andSchedulePerformanceIndex(SPI):CostPerformanceIndexSchedulePerformanceIndexItactuallymeasurestheperformanceregardingthebudgetoftheproject.Itmeasurestheperformanceregardingthescheduledtimeoftheproject.Itdescribestheamountofmoneyspentontheproject.Itdescribestheamountoftimeconsumedontheproject.CPIalsotellsabouttheremainingcostoftheproject.SPItellsabouthowmuchmoretimewillbeconsumedontheproject.CPIisthemeasurementofdeviationfromtheestimatedcostoftheproject.SPIisthedeviationfromthescheduledtimeforproject.CPI=EarnedValue/ActualCostSPI=EarnedValue/PlannedValueIfCPIislessthan1thenprojectisoverbudget.IfSPIislessthan1thenprojectisbehindschedule.IfCPIisgreaterthan1thenprojectisunderbudget.IfSPIisgreaterthan1thenprojectisaheadofschedule.IfCPIisequalto1thenprojectisonestimatedbudget.IfSPIisequalto1thenprojectisonschedule.MyPersonalNotes arrow_drop_upSave LikePreviousDifferencebetweenCostVarianceandScheduleVarianceNext DifferencebetweenCouchDBandRelationalDatabaseRecommendedArticlesPage:15,Apr1915,Apr1916,May1915,Apr1909,Jul2015,May1916,May1910,Apr2008,Apr2114,Dec2018,Apr1912,May2110,Aug2115,Oct2110,Apr2009,Aug1908,Jan2101,Jun2109,May2024,Jun2004,Jul2020,Nov2012,Dec2007,Jan21ArticleContributedBy:pp_pankaj@pp_pankajVotefordifficultyEasy Normal Medium Hard ExpertArticleTags:DifferenceBetweenSoftwareEngineeringReportIssueWritingcodeincomment? 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