Cost Performance Index
Cost performance index, abbreviated as CPI, is a measure of the cost efficency of budgeted resources expressed as the ratio of earned value to actual cost.
Cost Performance Index Formula |
\(\large{ CPI = \frac{EV}{AC} }\) |
Symbol |
\(\large{ CPI }\) = cost performance index |
\(\large{ AC }\) = actual cost |
\(\large{ EV }\) = earned value |