Multiple Choice
What is the purpose of a cost performance index (CPI) ?
A) indicate that a project is under budget if CPI is less than one
B) estimate the projected cost of completing the project
C) indicate that the planned and actual costs are equal if CPI is more than one
D) estimate the ratio of earned value to planned value
Correct Answer:
Verified
Correct Answer:
Verified
Q19: The cost performance index can be used
Q20: Which is most likely to be a
Q21: The main outputs of the _ process
Q22: Soles is a footwear company which has
Q23: What type of estimate is a cost
Q25: Project managers must conduct cash flow analysis
Q26: Which type of estimate uses the actual
Q27: Determining the budget involves allocating the project
Q28: Which costs are difficult to measure in
Q29: The _ is the measure of work