Which Is True of the Schedule Performance Index (SPI)

question 87

Multiple Choice

 Which is true of the schedule performance index (SPI) ?

• A) It can be used to estimate the projected time to complete the project.
• B) It means that a project is behind schedule if an SPI is greater than one.
• C) It means that a project is ahead of schedule if SPI is lesser than one or hundred percent.
• D) It is the ratio of planned value to actual costs.

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Definitions:

Common Carrier Transportation

The provision of transportation services by a carrier offering its services to the general public under license or authority provided by a regulatory body.

Contract Carrier Transportation

Transportation services provided by a carrier under specific contracts with individual customers, rather than serving the general public.

Supply Chain Strategy

The approach taken by a company to manage the flow of goods, information, and finances from the acquisition of raw materials to the delivery of the product to the end consumer.

Warehousing Functions

Activities related to the storage of goods in a warehouse such as receiving, storing, managing inventory, and preparing goods for distribution.