The ratio of earned value to actual cost best defines
A)cost performance index.
B)schedule performance index.
C)estimate at completion.
D)duration index.

Question

Quizplus · Accepted Answer

Earned value represents the work completed and the actual cost represents the cost incurred to complete the work. The ratio of earned value to actual cost is known as the cost performance index (CPI), which indicates how efficiently the project team is using resources.

The Ratio of Earned Value to Actual Cost Best Defines