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You Are The Project Manager Of A Housing Project In Which A Total Of 10 Houses Are To Be Build Over 10 Months (1 House Per Month). The Total Budget For The Housing Project Is $1,000,000. The Project Is Now At The End Of The 6th Month With 5 Houses Built And $500,000 Spent. The Project Is Behind Schedule Owing To A Work Strike For A Month. The Cost Performance Index (cpi) For The Project Is: |
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Answer» The FORMULA to be used to CALCULATE CPI is: CPI = EV / AC CPI = $500,000 / $500,000 = 1.0 The formula to be used to calculate CPI is: CPI = EV / AC CPI = $500,000 / $500,000 = 1.0 |
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