The standard for project management

Schedule Performance Index (SPI). 

A measure of schedule efficiency expressed as the ratio of earned value to 

planned value.

Schedule Variance (SV).

 A measure of schedule performance expressed as the difference between the earned value 

and the planned value.

Scheduling Tool. 

A tool that provides schedule component names, definitions, structural relationships, and formats that 

support the application of a scheduling method.

Scope. 

The sum of the products, services, and results to be provided as a project. See also project scope and 

product scope.

Scope Baseline. 

The approved version of a scope statement, work breakdown structure (WBS), and its associated 

WBS dictionary, that can be changed using formal change control procedures and is used as a basis for comparison 

to actual results.

Scope Creep. 

The uncontrolled expansion to product or project scope without adjustments to time, cost, and resources.