Earned Value by Project (CPI or SPI)

To view the Earned Value by Project metric, click Schedule Performance Index or Cost Performance Index. This metric displays the budget that must be spent, based on the amount of work completed on a specific date. This metric also indicates the budget consumption in the future. The Earned Value metric provides the project manager with an effective method to measure performance and predict results. This helps in creating comprehensive progress reports and early identification of overruns. Cost and time allocation decisions can also be made in advance. The Earned Value metric is a useful tool to predict the outcome of projects with regards to time to completion, cost to completion and expected final costs.