Schedule performance index (SPI) - Revision history

185.82.118.78: Undo revision 179356 by [[Special:Contributions/[IP address hidden]|[IP address hidden]]] ([[User talk:[IP address hidden]|talk]])

2020-10-26T07:26:13Z

Undo revision 179356 by [[Special:Contributions/[IP address hidden]|[IP address hidden]]] ([[User talk:[IP address hidden]|talk]])

← Older revision		Revision as of 07:26, 26 October 2020
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		+	The schedule performance index (SPI) is a measure of how close the project is to being completed compared to the schedule.

		+	As a ratio it is calculated by dividing the budgeted cost of work performed, or earned value, by the planned value.

−	[[Category:DCN_Definition]]	+	For example:
−	[[Category:DCN_Example]]	+
−	[[Category:DCN_Guidance]]	+	* A project has a budgeted cost of £120,000.
−	[[Category:DCN_Standard]]	+	* According to the schedule, 15% of the project should have been completed after one month (planned value). That is £120,000 x 15 / 100 = £18,000.
−	[[Category:DCN_Template]]	+	* But after a month, only 12% of the project has actually been completed (earned value). That is £120,000 x 12 / 100 = £14,400.
−	[[Category:Standards_/_measurements]]	+
−	[[Category:Construction_management]]	+	SPI = EV / PV = 14,400 / 18,000 = 0.8
		+
		+	This means that for every estimated hour of work, the project team is only completing 0.8 hours (just over 45 minutes).
		+
		+	If the ratio has a value higher than 1 this indicates the project is progressing well against the schedule. If the SPI is 1, then the project is progressing exactly as planned. If the SPI is less than 1 then the project is running behind schedule.
		+
		+	= Related articles on Designing Buildings Wiki =
		+
		+	* Activity schedule.
		+	* Cost performance index (CPI).
		+	* Benchmarking.
		+	* Design programme.
		+	* Earned value.
		+	* Fast-track construction.
		+	* Key performance indicators KPI.
		+	* Lead time.
		+	* Programme for building design and construction.
		+	* Project crashing.
		+	* Scheduling construction activities.
		+	* Time management of construction projects.
		+
		+	= External references =
		+
		+	* [https://www.projectcubicle.com/schedule-performance-index/ Schedule Performance Index]
		+
		+	[[Category:DCN_Definition]] [[Category:DCN_Example]] [[Category:DCN_Guidance]] [[Category:DCN_Standard]] [[Category:DCN_Template]] [[Category:Standards_/_measurements]] [[Category:Construction_management]]

185.82.118.78 at 07:22, 26 October 2020

2020-10-26T07:22:33Z

← Older revision		Revision as of 07:22, 26 October 2020
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−	~~The schedule performance index (SPI) is a measure of how close the project is to being completed compared to the schedule.~~

−	~~As a ratio it is calculated by dividing the budgeted cost of work performed, or earned value, by the planned value.~~

−	~~For example:~~	+	[[Category:DCN_Definition]]
−		+	[[Category:DCN_Example]]
−	* A project has a budgeted cost of £120,000.	+	[[Category:DCN_Guidance]]
−	* According to the schedule, 15% of the project should have been completed after one month (planned value). That is £120,000 x 15 / 100 = £18,000.	+	[[Category:DCN_Standard]]
−	* But after a month, only 12% of the project has actually been completed (earned value). That is £120,000 x 12 / 100 = £14,400.	+	[[Category:DCN_Template]]
−		+	[[Category:Standards_/_measurements]]
−	~~SPI = EV / PV = 14,400 / 18,000 = 0.8~~	+	[[Category:Construction_management]]
−		+
−	~~This means that for every estimated hour of work, the project team is only completing 0.8 hours (just over 45 minutes).~~	+
−		+
−	If the ratio has a value higher than 1 this indicates the project is progressing well against the schedule. If the SPI is 1, then the project is progressing exactly as planned. If the SPI is less than 1 then the project is running behind schedule.	+
−		+
−	~~= Related articles on Designing Buildings Wiki =~~	+
−		+
−	* Activity schedule.	+
−	* Cost performance index (CPI).	+
−	* Benchmarking.	+
−	* Design programme.	+
−	* Earned value.	+
−	* Fast-track construction.	+
−	* Key performance indicators KPI.	+
−	* Lead time.	+
−	* Programme for building design and construction.	+
−	* Project crashing.	+
−	* Scheduling construction activities.	+
−	* Time management of construction projects.	+
−		+
−	~~= External references =~~	+
−		+
−	* [https://www.projectcubicle.com/schedule-performance-index/ Schedule Performance Index]	+
−		+
−	[[Category:DCN_Definition]] [[Category:DCN_Example]] [[Category:DCN_Guidance]] [[Category:DCN_Standard]] [[Category:DCN_Template]] [[Category:Standards_/_measurements]] [[Category:Construction_management]]	+

Designing Buildings at 07:52, 4 September 2020

2020-09-04T07:52:40Z

← Older revision		Revision as of 07:52, 4 September 2020
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	* [https://www.projectcubicle.com/schedule-performance-index/ Schedule Performance Index]		* [https://www.projectcubicle.com/schedule-performance-index/ Schedule Performance Index]

−	[[Category:~~Standards_/_measurements~~]] [[Category:DCN_Standard]] [[Category:Construction_management]]	+	[[Category:DCN_Definition]] [[Category:DCN_Example]] [[Category:DCN_Guidance]] [[Category:DCN_Standard]] [[Category:DCN_Template]] [[Category:Standards_/_measurements]] [[Category:Construction_management]]

Designing Buildings: Reverted edits by 203.100.0.114 (talk) to last revision by 196.201.218.146

2020-06-04T05:37:20Z

Reverted edits by 203.100.0.114 (talk) to last revision by 196.201.218.146

← Older revision		Revision as of 05:37, 4 June 2020
Line 6:		Line 6:

	* A project has a budgeted cost of £120,000.		* A project has a budgeted cost of £120,000.
−	* According to the ~~schedulecock~~, 15% of the project should have been completed after one month (planned value). That is £120,000 x 15 / 100 = £18,000.	+	* According to the schedule, 15% of the project should have been completed after one month (planned value). That is £120,000 x 15 / 100 = £18,000.
	* But after a month, only 12% of the project has actually been completed (earned value). That is £120,000 x 12 / 100 = £14,400.		* But after a month, only 12% of the project has actually been completed (earned value). That is £120,000 x 12 / 100 = £14,400.

Line 14:		Line 14:

	If the ratio has a value higher than 1 this indicates the project is progressing well against the schedule. If the SPI is 1, then the project is progressing exactly as planned. If the SPI is less than 1 then the project is running behind schedule.		If the ratio has a value higher than 1 this indicates the project is progressing well against the schedule. If the SPI is 1, then the project is progressing exactly as planned. If the SPI is less than 1 then the project is running behind schedule.
−
−	~~attention all men call Mathew Micheal for a good time.~~
−
−	~~04175434643~~

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =
Line 38:		Line 34:
	* [https://www.projectcubicle.com/schedule-performance-index/ Schedule Performance Index]		* [https://www.projectcubicle.com/schedule-performance-index/ Schedule Performance Index]

−	[[Category:~~Articles_needing_more_work~~]] [[Category:~~Education]] [[Category:Standards_/_measurements~~]] [[Category:Construction_management]]	+	[[Category:Standards_/_measurements]] [[Category:DCN_Standard]] [[Category:Construction_management]]

203.100.0.114 at 00:23, 4 June 2020

2020-06-04T00:23:18Z

← Older revision		Revision as of 00:23, 4 June 2020
Line 14:		Line 14:

	If the ratio has a value higher than 1 this indicates the project is progressing well against the schedule. If the SPI is 1, then the project is progressing exactly as planned. If the SPI is less than 1 then the project is running behind schedule.		If the ratio has a value higher than 1 this indicates the project is progressing well against the schedule. If the SPI is 1, then the project is progressing exactly as planned. If the SPI is less than 1 then the project is running behind schedule.
		+
		+	attention all men call Mathew Micheal for a good time.
		+
		+	04175434643

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =
Line 34:		Line 38:
	* [https://www.projectcubicle.com/schedule-performance-index/ Schedule Performance Index]		* [https://www.projectcubicle.com/schedule-performance-index/ Schedule Performance Index]

−	[[Category:Education]] [[Category:Standards_/_measurements]] [[Category:Construction_management]]	+	[[Category:Articles_needing_more_work]] [[Category:Education]] [[Category:Standards_/_measurements]] [[Category:Construction_management]]

203.100.0.114 at 00:20, 4 June 2020

2020-06-04T00:20:53Z

← Older revision		Revision as of 00:20, 4 June 2020
Line 6:		Line 6:

	* A project has a budgeted cost of £120,000.		* A project has a budgeted cost of £120,000.
−	* According to the ~~schedule~~, 15% of the project should have been completed after one month (planned value). That is £120,000 x 15 / 100 = £18,000.	+	* According to the schedulecock, 15% of the project should have been completed after one month (planned value). That is £120,000 x 15 / 100 = £18,000.
	* But after a month, only 12% of the project has actually been completed (earned value). That is £120,000 x 12 / 100 = £14,400.		* But after a month, only 12% of the project has actually been completed (earned value). That is £120,000 x 12 / 100 = £14,400.

Line 34:		Line 34:
	* [https://www.projectcubicle.com/schedule-performance-index/ Schedule Performance Index]		* [https://www.projectcubicle.com/schedule-performance-index/ Schedule Performance Index]

−	[[Category:Standards_/_measurements]] [[Category:Construction_management]]	+	[[Category:Education]] [[Category:Standards_/_measurements]] [[Category:Construction_management]]

196.201.218.146 at 17:24, 14 December 2019

2019-12-14T17:24:25Z

← Older revision		Revision as of 17:24, 14 December 2019
Line 1:		Line 1:
	The schedule performance index (SPI) is a measure of how close the project is to being completed compared to the schedule.		The schedule performance index (SPI) is a measure of how close the project is to being completed compared to the schedule.

−	As a ratio it is calculated by dividing the budgeted cost of work performed, or earned value, by the planned value~~. Planned value is the budget at hand~~.	+	As a ratio it is calculated by dividing the budgeted cost of work performed, or earned value, by the planned value.

	For example:		For example:

196.201.218.146 at 17:23, 14 December 2019

2019-12-14T17:23:18Z

← Older revision		Revision as of 17:23, 14 December 2019
Line 1:		Line 1:
	The schedule performance index (SPI) is a measure of how close the project is to being completed compared to the schedule.		The schedule performance index (SPI) is a measure of how close the project is to being completed compared to the schedule.

−	As a ratio it is calculated by dividing the budgeted cost of work performed, or earned value, by the planned value.	+	As a ratio it is calculated by dividing the budgeted cost of work performed, or earned value, by the planned value. Planned value is the budget at hand.

	For example:		For example:

104.131.19.173 at 15:15, 3 July 2019

2019-07-03T15:15:52Z

← Older revision		Revision as of 15:15, 3 July 2019
Line 29:		Line 29:
	* Scheduling construction activities.		* Scheduling construction activities.
	* Time management of construction projects.		* Time management of construction projects.
		+
		+	= External references =
		+
		+	* [https://www.projectcubicle.com/schedule-performance-index/ Schedule Performance Index]

	[[Category:Standards_/_measurements]] [[Category:Construction_management]]		[[Category:Standards_/_measurements]] [[Category:Construction_management]]

Editor at 09:24, 1 July 2019

2019-07-01T09:24:39Z

← Older revision		Revision as of 09:24, 1 July 2019
Line 15:		Line 15:
	If the ratio has a value higher than 1 this indicates the project is progressing well against the schedule. If the SPI is 1, then the project is progressing exactly as planned. If the SPI is less than 1 then the project is running behind schedule.		If the ratio has a value higher than 1 this indicates the project is progressing well against the schedule. If the SPI is 1, then the project is progressing exactly as planned. If the SPI is less than 1 then the project is running behind schedule.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Activity schedule.		* Activity schedule.