Question

The SPI of your project is 0.8 and your planned value at this point in your project is 125,000. How much value have you earned in your project?

1) 100,000
2) 225,000
3) Unable to determine
4) 25,000

Answer 1

To find the earned value of a project with an SPI of 0.8 and a planned value of $125,000, multiply the SPI by the planned value, resulting in an earned value of $100,000.

Step-by-step explanation:

If the SPI (Schedule Performance Index) of your project is 0.8 and your planned value is $125,000, then to calculate the earned value (EV), you simply multiply the planned value by the SPI. Therefore, the earned value would be:

EV = SPI × PV = 0.8 × $125,000 = $100,000

This means you have earned $100,000 in value on your project based on the SPI provided.