- CPI Vs TCPI Explained Simply: How to Use Both Cost Metrics
TCPI and CPI give you a complete, dynamic view of your project’s cost health CPI is the rear-view mirror showing your past performance, while TCPI is the GPS recalculating the route to your destination
- To Complete Performance Index (TCPI) | www. dau. edu
In order to make TCPI meaningful, it needs to be compared with the CPI which is the efficiency the contractor has actually demonstrated to determine if the TCPI is achievable
- What are the Possible Reasons for a TCPI vs. CPI Variance?
TCPI stands for To Complete Performance Index, and it identifies the projected cost efficiency on the remaining work The calculation identifies the budgeted cost of work remaining vs the projected cost of work remaining
- TCPI - Project Management Institute
TCPI is traced to when it was introduced into project management as a cost control tool TCPI is defined in words, formulas, examples, and what the results mean The paper provides a comprehensive understanding of the power of TCPI and what it can do for a project stakeholder
- What Is the To-Complete-Performance-Index (TCPI)? Definition, Formula . . .
According to the Project Management Body of Knowledge (source: PMBOK®, 6 th edition, ch 7 4 2 3, p 266), the TCPI indicates the target cost performance index (CPI) that is needed to complete the project at the target budget
- CPI vs. TCPI - Bizfluent
To calculate the TCPI, subtract the earned value (EV) from the project’s total budget amount -- called the budget at completion (BAC) -- and then divide this value into the remaining (unspent) budget amount, or BAC minus AC The formula for TCPI is TCPI = (BAC - EV) (BAC - AC)
- TCPI (Earned Value Analysis) - ProjectEngineer
TCPI is the last column in the table of Earned Value metrics, and generally the last to be calculated We will assume the project budget has not been revised and the goal is still the original project budget (formula #1, above) TCPI = ($10,000 – $2,000) ($10,000 – $4,500) = 1 45
- To-Complete Performance Index (TCPI) Explained - Wrike
The CPI value informs the project manager of the project’s current condition based on data acquired up to that point The TCPI informs the project manager of what is likely to occur in the future
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