Spi prep - Study guides, Class notes & Summaries

Cost Variance (CV) EV - AC Provides cost performance of the project. Helps determine if the project is proceeding as planned. Negative = over budget = bad Positive = under budget = good" Cost Performance Index (CPI) EV / AC Measure of cost efficiency on a project. Ratio of earned value to actual cost. 1 = good. We are getting $1 for every $1 spent. Funds are used as planned. >1 = good. We are getting >$1 for every $1 spent. Funds are used better than planned. <1 = bad. We ...