CAPM (Certified Associate in Project Management) Practice Exam 2025 - Free CAPM Practice Questions and Study Guide

Question: 1 / 885

What does the Schedule Performance Index (SPI) indicate?

The ratio of actual cost to planned value

The ratio of planned value to earned value

The ratio of earned value to planned value

The Schedule Performance Index (SPI) indicates the ratio of earned value to planned value. This ratio helps project managers understand how efficiently work is being performed in relation to the planned schedule. A value of 1 indicates that work is being completed as planned, while a value greater than 1 signifies that work is ahead of schedule, and a value less than 1 indicates that work is behind schedule.

Option A is incorrect because it describes the Cost Performance Index (CPI), which is the ratio of actual cost to earned value.

Option B is incorrect because it describes the Cost/Schedule Index (CSI), which is not a standard performance measurement used in project management.

Option D is incorrect because it describes a combination of the Cost Performance Index (CPI) and Schedule Performance Index (SPI), which is not a standard performance measurement used in project management.

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The ratio of cost variance to schedule variance

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