The cost performance index (CPI):
A)indicates that a project is under budget if CPI is less than one.
B)can be used to estimate the projected cost of completing the project.
C)indicates that the planned and actual costs are equal if CPI is more than one.
D)is the ratio of earned value to planned value.

Question

The cost performance index (CPI):
A)indicates that a project is under budget if CPI is less than one. 
B)can be used to estimate the projected cost of completing the project. 
C)indicates that the planned and actual costs are equal if CPI is more than one. 
D)is the ratio of earned value to planned value.

Quizplus · Accepted Answer

The cost performance index (CPI) is the ratio of earned value to actual cost; it can be used to estimate the projected cost of completing the project.

The Cost Performance Index (CPI)