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The cost performance index (CPI): a. can be used to estimate the projected cost of completing the project. b. indicates that the planned and actual costs are equal if CPI is more than one. c. is the ratio
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The cost performance index (CPI): a. can be used to estimate the projected cost of completing the project. b. indicates that the planned and actual costs are equal if CPI is more than one. c. is the ratio of earned value to planned value. d. indicates that a project is under budget if CPI is less than one.

User Joseph
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Answer:

The correct answer is letter "A": can be used to estimate the projected cost of completing the project.

Step-by-step explanation:

The Cost Performance Index or CPI measures the projected cost of work completed compared to the current cost spent. The CPI represents a ratio of earned value to actual cost. If the CPI is greater than one, the project is under budget. When the CPI equals one the planned and actual costs are equal. If the CPI is higher than one, the project is over budget.

User Campbeln
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