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A project has to be completed in 10 months with the total cost of the project being $80,000. After five months and $50,000 spent, only 40% of the work is completed. What is the To Complete Performance Index (TCPI) for this project?
0.75
-0.5
0.32
0.64
The formula for calculating TCPI for projects behind schedule is TCPI = (BAC - EV) / (EAC - AC). In the question, BAC = $80,000 and AC = $50,000. Using these values, EV is calculated as being $32,000 and EAC = $125,000.
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