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Cost Performance Index (CPI)

EV divided by AC; measures cost efficiency of work performed.

Original SimCert study summary; not an official PMI® glossary definition.

Performance domain · FinancePrinciple · Embed Quality Into Processes and DeliverablesExam domain · Process

Questions that use this term

Process·Finance

A project's earned value analysis shows a Cost Performance Index (CPI) of 0.85 and a Schedule Performance Index (SPI) of 1.05. The sponsor asks the project manager to explain the current health of the project.

How should the project manager characterize project performance?

Practise this domain

Nearby terms in Finance

Control ChartOutcome vs. OutputSchedule Performance Index (SPI)Benefits Realization PlanBurn RateManagement Reserve