If CSI is less than 1,it is indicative of a(n)__________.
A)problem
B)good project
C)efficient project
D)budget error

Question

Quizplus · Accepted Answer

CSI (Cost Performance Index) measures how efficiently the project is generating value for the cost spent. If CSI is less than 1, it means that the actual cost spent is more than the budgeted cost for the achieved value. Thus, the project is not performing efficiently and it indicates a problem.

If CSI Is Less Than 1,it Is Indicative of A(n)__________