Cost Performance Index
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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 Macroeconomics by Mankiw (7th edition),
- 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).
