Cpi — PMP - Project Management Professional Practice Questions
The Cost Performance Index (CPI) is an EVM metric calculated by dividing earned value by actual cost, expressing how efficiently the project is using its budget. A CPI greater than 1.0 indicates the project is delivering more value than the money spent, while a CPI below 1.0 signals a cost overrun. The PMP exam tests candidates on interpreting CPI values, using CPI to forecast the estimate at completion, and understanding the relationship between CPI and the Schedule Performance Index (SPI) when analyzing overall project health.
Free questions on cpi
A project manager discovers that the project is 10% over budget at the halfway point. Which metric shows this?
Free question · medium · full answer + explanation
More cpi questions in the full bank
- Your sponsor requests a status update on earned value metrics. The project has a BAC (Budget at Completion) of $500,000, has spent $300,000 to date, and has earned $250,000 in value. What is the cost performance index (CPI) and what does it indicate? Unlock answer & explanation →
- You are reviewing the project cost baseline during the Monitoring and Controlling phase. Your project currently has an AC (Actual Cost) of $450,000, PV of $500,000, and EV of $480,000. What is the cost performance index? Unlock answer & explanation →
- Your project has completed 60% of the planned work and consumed 75% of the budget. The remaining work is estimated at 30% of the total. What is the Estimate at Completion (EAC) using the efficiency trend method? Unlock answer & explanation →