You are the project manager of the NNH Project. In this project you have created a contingency response that the schedule performance index should be less than 0.93. The NHH Project has a budget at completion of $945,000 and is 45 percent complete though the project should be 49 percent complete. The project has spent $455,897 to reach the 45 percent complete milestone. What is the project’s schedule performance index?
A. -$37,800
B. 0.93
C. 0.92
D. 1.06
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PV@49% = (945000/100) * 49 = $460050
EV@45% = (945000/100) * 45 = 425250
=> SPI = EV/PV = 0.918 => 0.92
EV/PV = 456K/(945K x 0.45) = OVER 1. wrong answer