âWASBIRT-PCI is funded by the Substance Abuse and Mental Health Services Administration, Center for Substance Abuse Treatment SBIRT Grant (CFDA#93.243). The project is administered by the Washington Department of Social and Health Services and managed by the Division of Behavioral Health and Recovery.
1 CPI is computed by Earned Value / Actual Cost. 2  A value of above 1 means that the project is doing well against the budget. 3  Schedule Performance Index (SPI) : Represents how close actual work is being completed compared to the schedule. 4  SPI is computed by Earned Value / Planned Value. Cost Performance Index (CPI) : Represents the amount of work being completed on a project for every unit of cost spent. 2  CPI is computed by Earned Value / Actual Cost. 3  A value of above 1 means that the project is doing well against the budget.
In comparing the FIFO (first-in, first-out) and weighted-average methods for calculating equivalent units. The FIFO method is better than the weighted-average method for judging the performance in a period independently from performance in preceding periods. The calculation of the cost per equivalent unit using the FIFO method keeps the costs in one period separate from the costs of prior periods. Under the weighted-average method, the costs in the beginning work-in-process inventory are combined with current-period costs.