You have a project to complete in 24 months. The budget of the project is 200 000. Twelve (12) months have passed and 120 000 has been spent. However, you find that only 40% of the work has been completed so far. Given that the project’s earned value is 90 000 and the Present Value is 100 000, measure project performance by calculating the following:

2.1 Cost Performance Index (CPI) and comment on the CPI value in relation to the project.

 

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Cost Performance Index CPI is a measure of the financial effectiveness and efficiency of a project I... View the full answer