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How to compute SPI and CPI from pay application data, with a $12 million example

SPI and CPI compare earned value from the pay application to the baseline plan and to job cost. This example works both for a 12-month job at month six.

10,800,000 12 · +4.3% on the period

Earned value has trailed the plan since month one

Cumulative dollars by job month, example job with a $10.8 million cost budget

Earned value has trailed the plan since month oneLine chart with 12 points from 1 to 12. Series: Planned value, Earned value, Actual cost. Values range from 340,000 to 10,800,000.05,000,00010,000,00015,000,00013579121: 350,0002: 900,0003: 1,650,0004: 2,600,0005: 4,050,0006: 5,610,0007: 6,900,0008: 8,000,0009: 8,950,00010: 9,700,00011: 10,350,00012: 10,800,000Planned value1: 340,0002: 860,0003: 1,550,0004: 2,400,0005: 3,600,0006: 4,920,0004,920,000Earned value1: 345,0002: 880,0003: 1,600,0004: 2,500,0005: 3,780,0006: 5,210,000Actual cost
Earned value has trailed the plan since month oneLine chart with 12 points from 1 to 12. Series: Planned value, Earned value, Actual cost. Values range from 340,000 to 10,800,000.05M10M15M17121: 350,0002: 900,0003: 1,650,0004: 2,600,0005: 4,050,0006: 5,610,0007: 6,900,0008: 8,000,0009: 8,950,00010: 9,700,00011: 10,350,00012: 10,800,000Planned value1: 340,0002: 860,0003: 1,550,0004: 2,400,0005: 3,600,0006: 4,920,0004.92MEarned value1: 345,0002: 880,0003: 1,600,0004: 2,500,0005: 3,780,0006: 5,210,000Actual cost
Example figures. Planned value runs through month 12; earned value and actual cost stop at month 6.

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DataHow to compute SPI and CPI from pay application data, with a $12 million example FeatureSPI and CPI compare earned value from the pay application to the baseline plan and to job cost. This example works both for a 12-month job at month six.