The to-complete performance index is
A) the amount of funds remaining for the project.
B) the rate of performance required for the remaining work to finish the project within budget.
C) the ratio of committed costs remaining to planned costs.
D) the ratio of planned costs for the work remaining to the budgeted costs of the project.

Question

Quizplus · Accepted Answer

The to-complete performance index (TCPI) is the ratio of the cost required to complete the remaining work to the remaining budget. It represents the rate of performance that must be achieved to finish the project within the budget. Option A represents the remaining funds and is not related to the TCPI. Option C represents the ratio of committed costs to planned costs, which is not directly related to the TCPI. Option D represents the ratio of planned costs for the remaining work and the budgeted cost of the project, but it does not represent the performance achieved to complete the project.

The To-Complete Performance Index Is