Difference between revisions of "Cost Performance Index"

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(Created page with "Cost Performance Index (CPI)is a measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost. See also schedule performa...")
 
 
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==Definition==
 
==Definition==
According to [[Macroeconomics by Mankiw (7th edition)]],
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According to the [[PMI Lexicon of Project Management Terms]],
 
:[[Cost Performance Index]] ([[CPI]]). A measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost. See also schedule performance index (SPI).
 
:[[Cost Performance Index]] ([[CPI]]). A measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost. See also schedule performance index (SPI).
  
[[Category: Economics]][[Category: Articles]]
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[[Category: Project Management]][[Category: Articles]]

Latest revision as of 18:56, 3 July 2020

Cost Performance Index (CPI)is a measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost. See also schedule performance index (SPI).

Definition

According to the PMI Lexicon of Project Management Terms,

Cost Performance Index (CPI). A measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost. See also schedule performance index (SPI).