Hi John -
Excellent post! As a PMP Exam Prep Trainer by trade and also a creator of questions for the OSP International PM Exam Simulator, I can offer you the following interpretation and also what I tell my PMP Exam Prep students in my live classes.
If the SPI is "greater than" 1.0, your project is "ahead of schedule"
If the SPI is "less than" 1.0, your project is behind schedule
I the SPI is "exactly" 1.0, your project is "exactly on schedule"
In my project experience if your SPI is “exactly” 1.0 then you are lying!!! (Seriously though, how often is your project "exactly on schedule"?)
And just so you know, this question was intentionally very tricky so that you understand the concepts of the SPI and what the different calculated results mean on your actual projects.
If you stick to the interpretations of the SPI calculated results outlined above when answering exam questions and on your actual real-life projects, you will understand specifically how to interpret and accurately report these results to your project stakeholders.
Thanks for a great question and entertaining forum topic!
Kevin
Kevin W. Reilly, PMP, PMI-ACP
Customer Support
OSP International LLC
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