schedule performance index

A measure of schedule efficiency of a project.

The schedule performance index (SPI) is determined by measuring the ratio of earned value (EV) to actual costs (AC):

SPI = EV / PV

If the result is less than 1.0, the project is behind schedule.

If the result is greater than 1.0, the project is ahead of schedule

example:

EV PV AC CPI SPI
270 335 250 1.08 0.81