PMI Scheduling Professional (PMI-SP) — Question 2
Your project has a BAC of $750,000 and is 75 percent complete. According to your plan, however, your project should actually be 80 percent complete. You have spent $575,000 of your project budget to reach this point and you are worried about the project not being able to complete based on your current project budget.
What is the to-complete performance index for this project?
Answer options
- A. 0.98
- B. -$16,677
- C. 1.07
- D. 0.94
Correct answer: C
Explanation
The to-complete performance index (TCPI) is calculated by dividing the remaining work by the remaining budget. In this case, the remaining work is $150,000 (20% of BAC) and the remaining budget is $140,000 (BAC - actual spend), resulting in a TCPI of 1.07. The other options do not reflect the correct relationship between remaining work and remaining budget.