You have committed to migrating your software platform from a server based to a cloud based product and also update to the latest version of the product. The total cost of the project is $45,000 and it is supposed to be completed in five months. After two months, you find you have paid $20,000. The software company only bills for work performed, but charges a minimum of $8,000 a month. What is the schedule performance index? Use up to two decimal points.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 21P
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please answer in 30 minutes.
You have committed to migrating your software
platform from a server based to a cloud based
product and also update to the latest version of the
product. The total cost of the project is $45,000 and
it is supposed to be completed in five months. After
two months, you find you have paid $20,000. The
software company only bills for work performed, but
charges a minimum of $8,000 a month. What is the
schedule performance index?
Use
Use up to two decimal points.
Transcribed Image Text:You have committed to migrating your software platform from a server based to a cloud based product and also update to the latest version of the product. The total cost of the project is $45,000 and it is supposed to be completed in five months. After two months, you find you have paid $20,000. The software company only bills for work performed, but charges a minimum of $8,000 a month. What is the schedule performance index? Use Use up to two decimal points.
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