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Certified Associate in Project Management · PMI
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- Schedule Performance Index (SPI) = EV / PV = $45,000 / $50,000 = 0.90. An SPI less than 1.0 means the project is behind schedule. The project has only earned $45,000 worth of work against $50,000 that was planned, meaning it is progressing at 90% of the planned rate. An SPI of exactly 1.0 would mean the project is on schedule.