Question: A project has four activities: A, B, C, and D. The budgeted (planned) cost of each activity is $22K, $14K, $12K, and $28K, respectively. The

A project has four activities: A, B, C, and D. The budgeted (planned) cost of each activity is $22K, $14K, $12K, and $28K, respectively. The planned percentages complete for the current date are 90%, 80%, 70%, and 20% respectively. The actual percentages complete for the current date are 100%, 90%, 75%, and 10% respectively. The actual cost of the work performed to date is $40K. What is the cost performance index for the project?

rev: 11_12_2020_QC_CS-240638

Multiple Choice

  • Over 1.15

  • 1.11 1.15

  • 1.051 1.10

  • Less than zero

  • 0 1.05

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!