At the end of week 10,this project has cost $9,000 and has an earned value as indicated in the table.Use the data to calculate the cost performance index for the project.All amounts are in thousands of dollars. $$\begin{array} { | l | l | l | l | l | l | l | }
\hline & { \text { Duration (weeks) } } & \
\hline & 5 & 10 & 15 & 20 & 25 & \% \text { Comp } \
\hline \text { Conceptual Design } & 10 & 6 & & & & 100 \% \
\hline \text { Graphics Design } & & 12 & 6 & 4 & & 30 \% \
\hline \text { Copyright } & & & 4 & 5 & 6 & 0 \% \
\hline \text { Samples } & & & 4 & 2 & & 0 \% \
\hline \text { Tooling } & & & 6 & 9 & 4 & 0 \% \
\hline \text { Production } & 10 & 18 & 2 & 6 & 14 & 0 \% \
\hline \text { Total } & 10 & 28 & 50 & 76 & 100 & \
\hline \text { Cumulative } & & & 22 & 26 & 24 & \
\hline
\end{array}$$
A) 2.5
B) 2.1
C) 1.8
D) 1.5

Question

At the end of week 10,this project has cost $9,000 and has an earned value as indicated in the table.Use the data to calculate the cost performance index for the project.All amounts are in thousands of dollars. $$\begin{array} { | l | l | l | l | l | l | l | } 
\hline & { \text { Duration (weeks) } } & \
\hline & 5 & 10 & 15 & 20 & 25 & \% \text { Comp } \
\hline \text { Conceptual Design } & 10 & 6 & & & & 100 \% \
\hline \text { Graphics Design } & & 12 & 6 & 4 & & 30 \% \
\hline \text { Copyright } & & & 4 & 5 & 6 & 0 \% \
\hline \text { Samples } & & & 4 & 2 & & 0 \% \
\hline \text { Tooling } & & & 6 & 9 & 4 & 0 \% \
\hline \text { Production } & 10 & 18 & 2 & 6 & 14 & 0 \% \
\hline \text { Total } & 10 & 28 & 50 & 76 & 100 & \
\hline \text { Cumulative } & & & 22 & 26 & 24 & \
\hline
\end{array}$$
A) 2.5
B) 2.1
C) 1.8
D) 1.5

Quizplus · Accepted Answer

The cost performance index (CPI) is calculated by dividing the earned value by the actual cost. In this case, the earned value is $22,000 and the actual cost is $9,000, so the CPI is 2.5.

At the End of Week 10,this Project Has Cost $9,000