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) is used to measure the cost efficiency of the project so far. It is calculated by dividing the earned value by the actual cost. Using this index, the project manager can determine how much more money is required to complete the project, and estimate the final project cost. Therefore, the CPI is the best choice for calculating the projected budget to completion.

A Project Manager Can Calculate the Projected Budget to Completion