Schedule Performance Index (SPI) and Schedule Variance (SV)

Correct Answer: Analyze critical path activities and implement fast-tracking where feasible

The SPI of 0.92 and negative SV of $15,000 indicate that the project is behind schedule. Here's why analyzing critical path activities and implementing fast-tracking is the best action: 1. An SPI < 1.0 shows the project is completing less work than planned 2. The negative SV confirms we're behind schedule by $15,000 worth of work 3. Fast-tracking critical path activities allows parallel execution of tasks that were originally planned in sequence 4. This approach is targeted and focused on the most impactful activities Other options are less suitable because: - Increasing resources and extensive overtime across all activities is an overreaction and wastes resources on non-critical tasks - Applying general schedule compression may not address the specific critical path delays - Simply documenting the variance is passive and does not address the schedule problems Fast-tracking critical path activities is the most strategic response as it: - Focuses on the activities that most impact the schedule - Minimizes additional resource requirements - Provides a targeted solution to bring the schedule back on track

Correct Answer: The project is gaining momentum and becoming more schedule efficient each month

The trend of increasing SPI values (1.05 → 1.15 → 1.25) shows consistent improvement in schedule performance. An SPI greater than 1.0 indicates the project is ahead of schedule, and the progressive increase suggests the team is becoming more efficient in executing planned work. The increasing efficiency trend is positive and shows the team is gaining momentum while maintaining schedule performance above baseline expectations. The other options are incorrect because: - Reducing pace when performance is good would be counterproductive - Higher SPI values don't automatically indicate resource overallocation; they show positive schedule performance - There's no need for schedule compression when the project is already ahead of schedule

Correct Answer: The schedule recovery measures are ineffective and the project delay is accelerating

Looking at the trend in both SPI and SV metrics over the three-month period: 1. SPI declined from 0.95 to 0.75, showing worsening schedule performance 2. SV became more negative, from -$10,000 to -$45,000 3. The rate of decline is accelerating, as shown by: - Initial SPI was close to 1.0 (0.95) - Later dropped significantly to 0.75 - SV quadrupled in negative value This pattern shows clear deterioration in schedule performance, with both metrics getting worse at an increasing rate. The project is falling further behind schedule despite any measures that might be in place. Other options are incorrect because: - The pattern shows consistent deterioration, not fluctuations - The metrics are getting worse, not stabilizing - The performance is declining, not improving with current resource allocation The accelerating negative trend in both metrics clearly indicates that whatever measures are being used to maintain the schedule are not working effectively.