Your project is 25 complete when you discover that the budge - PMP Practice Questions
Question
Your project is 25% complete when you discover that the budget at completion (BAC) is no longer viable. You try to come up with a forecasted estimate at completion (EAC).
What index can you use to look at the calculated projection of cost performance that must be achieved on the remaining work?
Answers
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correct
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Explanation
The correct answer is: B. To-Complete Performance Index (TCPI).
The To-Complete Performance Index (TCPI) is used to determine the cost performance that must be achieved on the remaining work in order to meet a specified management goal, such as the Estimate at Completion (EAC). When the budget at completion is no longer viable, TCPI helps project managers assess the efficiency required for the remaining tasks to bring the project in line with the revised forecast. It essentially shows the level of cost performance needed to complete the project within the updated budget.
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