A project manager can calculate the projected budget to completion by using the:
A)budgeted cost at completion index.
B)budget efficiency index.
C)cost performance index.
D)schedule performance index.

Question

Quizplus · Accepted Answer

The cost performance index (CPI) reflects the efficiency of the project team in utilizing the budget for the work completed. By comparing the earned value (the amount of work completed multiplied by its budgeted cost) with the actual cost incurred, the CPI represents the cost efficiency and indicates whether the project is under or over budget. The projected budget to completion can be calculated by dividing the budgeted cost of the project by the CPI. Therefore, option C is the best choice as it directly relates to calculating the projected budget to completion.

A Project Manager Can Calculate the Projected Budget to Completion