PMI Scheduling Professional (PMI-SP) — Question 22

You are the project manager of the GHY Project. This project is scheduled to last for one year and has a BAC of $4,500,000. You are currently 45 percent complete with this project, though you are upposed to be at your second milestone, which accounts for half of the project completion. There have been some errors in the project, which has caused you to spend $2,073,654. Based on the estimate at completion, what is this project's to-complete performance index?

Answer options

• A. -$108,120
• B. 1.02
• C. $4,608,120
• D. 0.98

Correct answer: D

Explanation

The to-complete performance index (TCPI) is calculated as the work remaining divided by the budget remaining. Given the project's current status and expenses, the TCPI formula yields a value of 0.98, indicating that future work needs to be accomplished more efficiently to meet the BAC. The other options either miscalculate the performance index or represent incorrect values based on the project's financials.