Doubt w.r.t. SPI, CPI and closure

Submitted by diba_perfect on Thu, 06/28/2012 - 04:42

 This is a question from Oliver's 75Q test:

You found the following earned value analysis information for a project that was recently closed-out:

SPI = 0.7, CPI = 1.0
 
  The project has been cancelled while it was executed. At that time the project was behind schedule and on budget.
  The project's deliverables have all been finished. The project came in behind schedule but on budget.
  The project's deliverables have all been finished. The project came in ahead of schedule but on budget.
 

The project's deliverables have all been finished. The project came in on schedule but over budget.

The first option is the correct one. Interpreting the CPI / SPI part isn't too difficult but how do I understand that the project has been 'cancelled' and not 'completed'? 

Also does performing "post mortem analysis" indicate that the project has been terminated before completion? Did come across this term in a similar question in Oliver's 175Q mock test.

Would be great if someone can please clarify.

Thanks in advance!

Diba

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Satya_B

Thu, 06/28/2012 - 07:22


When a project is closed, the PV (in this case its BAC) is the cost in entirety and the EV must be equal to PV since all work has been completed or accomplished. In this scenario since the EV<PV this implies that all work was not completed when the project was closed. That means it was cancelled prior to meeting all its objectives.



Post mortem analysis pertains to project closing activities; however I'm not sure that it always indicates termination before completion; it could also be a case of 'extinction'.



 

diba_perfect

Thu, 06/28/2012 - 09:11

 Thanks a lot Satya!

SPI interpretation --> Silly me! How could I have ever missed that! :-(

"Post Mortem Analysis" --> Can anyone else help us out here? I mean does "post mortem" always refer to a 'terminated' project? Or is this a more generic term to indicate any 'closed' project?

 

Thanks in advance for responses!

 

Diba

krantikumar50

Thu, 06/28/2012 - 11:54

Yes, Diba. Post Mortem ONLY means terminated project. Nothing else. Only terminated projects fall under the PostMortem category.


 


Warmly, KK....