1-2-3 Project Report

You are not in need to report all; Do what You can..

Cost Performance Index (CPI): 

Represents the amount of work being completed on a project for every unit of cost spent. CPI is computed by Earned Value / Actual Cost . A value of above ONE means that the project is doing well against the budget.

Schedule Performance Index (SPI): 

Represents how close actual work is being completed compared to the schedule. SPI is computed by Earned Value / Planned Value. A value of above ONE means that the project is doing well against the schedule.

PV = Planned Completion (%) * BAC

EV = Actual Completion (%) * BAC

CPI = EV/AC

SPI = EV/PV

EV = Earned Value 

PV = Planned Value 

BAC = Budget at Completion 

AC = Actual Cost

Others; are extracted from Logs of Daily Communications and Documentations.

Golden Role:
Always; train yourself to use % to compare whatsoever you say to both what was done and what will be done..