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What is your assessment about a program with a Cost Performance Index (CPI) of 0.65?
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∙ 8y ago
The project is costing more than expected, and the contractor may need additional funds.
Garland Schimmel
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What is your assessment about a program with a Cost Performance Index CPI of 0.65?
The project is costing more than expected, and the contractor may need additional funds.
Aspects of cost performance analysis while designing the system?
This greatly depends on the system in question. The cost/performance analysis tells a project manager information about the status of the project in question at a given point of time. The relationship between the Cost Performance Index (CPI), Earned Value (EV), and AC (Actual Cost) can be expressed with the simple equation CPI = EV/AC. The EV consists of work actually completed, while the AC details the real cost of the budget.
How do you solve for price index?
To compute the price index, the cost of the market basket in any period is divided by the cost of the market basket in the base period, and the result is multiplied by 100. Price Index= P3/ Pb x 100
What does the typical family have to do when the consumer price index rises?
When the consumer price index rises the typical family has to spend more money. The price index will directly affect the cost of living for a family.
The major difference between the Consumer Price Index and the Producer Price Index is that?
The PPI is based on the cost of a basket typically purchased by producers, while the CPI is based on the cost of a basket typically purchased by consumers.
What is your assessment about a program with a Cost Performance Index of 0.65?
65% complete is the wrong answer
What is your assessment about a program with a Cost Performance Index CPI of 0.65?
The project is costing more than expected, and the contractor may need additional funds.
What technique provides a program level cost estimate at completion that is a function of performance and schedule risks?
Cost risk analysis/assessment provides a program level cost estimate.
What does CPI mean in project management?
Cost Performance Index. It is a way of determining the value of work done divided by the actual cost of doing the work at the point of assessment, and forms part of Earned Value Management (EVM) project control processes.
4) The following data is received from your contractor Budgeted Cost of Work Performed (BCWP) 400 Cost Performance Index (CPI) 1.0 Budgeted Cost of Work Scheduled (BCWS) 500 Schedule Performance Index?
EAC LOW$950? EAC HIGH $1000.00
What techniques provides a program level cost estimate at completion that is a function of performance and schedule risks?
Cost Risk Analysis
How index increase the performance of database?
Index on a table in the database is just like an index (or content page) in a book - a quick look at an index can tell you where the actual data is located. This saves time and cost of scanning the whole table, thus making the database faster.
An Acquisition Program Baseline (APB) is used to document the cost schedule and performance thresholds and objectives of a program beginning at program initiation. The APB is a formal agreement signed?
Program Manger/ Milestone decision authority
Who assumes responsibility for monitoring how the contractor is doing in terms of cost schedule and technical performance.?
The Program Manager.
What is the formal agreement between the Program Manager and the Milestone Decision Authority that establishes the minimum desired cost schedule and performance targets for an acquisition program?
Acquisiton Program Baseline
Earned value management (EVM) reports are available to help the program manager (PM) track the contractor's cost schedule and performance against a Performance Measurement Baseline?
false
Earned value management (EVM) reports are available to help the program manager (PM) track the contractor's cost schedule and performance against a Performance Measurement Baseline.?
false
