Question: Your cost analyst has calculated that your project has an estimate at completion of $ 4 5 0 , 0 0 0 . Given that

Your cost analyst has calculated that your project has an estimate at completion of $450,000. Given that you know that the project budget is $425,000 what can you infer about the project's cost performance index results up to this point?
A: Cost performance index is above 1
B: Cost performance index is below 1
C: There is not sufficient information to infer
D: Cost performance index is 1

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 Finance Questions!