Saved Bookmarks
| 1. |
If A Project Has A To Complete Performance Index (tcpi) Of 0.90, This Means That: |
|
Answer» The To Complete Performance Index (TCPI) is the efficiency NEEDED to finish the project on budget. If it is smaller than 1, that means that we have more money left on the budget than the remaining Planned VALUE (PV) to achieve. Therefore, in theory, we can SPEND more money yet can STILL finish the project on budget. (However, in REALITY, it is generally preferred to finish the project under budget. A TCPI smaller than 1 is a good sign that the project is going healthy.) The To Complete Performance Index (TCPI) is the efficiency needed to finish the project on budget. If it is smaller than 1, that means that we have more money left on the budget than the remaining Planned Value (PV) to achieve. Therefore, in theory, we can spend more money yet can still finish the project on budget. (However, in reality, it is generally preferred to finish the project under budget. A TCPI smaller than 1 is a good sign that the project is going healthy.) |
|