Management has grown weary of the many surprises, mostly negative, that occur on your projects. In an effort to provide stakeholders with an effective performance metric, you will use the to-complete performance index (TCPI). Its purpose is to________Determine the cost performance needed to complete the remaining work within management’s financial goal for the project The TCPI takes the value of work remaining and divides it by the value of funds remaining to obtain the cost performance factor needed to complete all remaining work according to a financial goal set by management.
Question:
Management has grown weary of the many surprises, mostly negative, that occur on your projects. In an effort to provide stakeholders with an effective performance metric, you will use the to-complete performance index (TCPI). Its purpose is to________
Options:
Determine the schedule and cost performance needed to complete the remaining work within management’s financial goal for the project
Determine the cost performance needed to complete the remaining work within management’s financial goal for the project
Predict final project costs
Predict final project schedule and costs
Correct Answer
The Correct Answer for this Question is
Determine the cost performance needed to complete the remaining work within management’s financial goal for the project
