Production & Operations

SPI meaning in oil and gas

Definition

Schedule Performance Index

SPI means Schedule Performance Index. An index used within project controls / planning and cost controls to determine the schedule performance of a project with respect to planned and earned (achieved) values. Can be…

An index used within project controls / planning and cost controls to determine the schedule performance of a project with respect to planned and earned (achieved) values. Can be trended over time to form a control chart focus. Also check out CPI (Cost Performance Index).

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