You are working on a project that is scheduled to be completed in 2 years. The total budget for the project is $5,000. Eighteen months have passed and the schedule indicates that 75% of the work should be completed by now. But your team has already completed 90% of the project and spent $3000.
What is the Cost Performance Index (CPI) for this project?
CPI = PV/AC = $3750/$3000=1.25
CPI = AC/PV = $3,000/$3750 =.83
CPI = AC / EV = $3,000 /$4,500=.667
CPI = EV / AC = $4,500/ $3,000=1.5
None of the above.