The Cost Performance Index (CPI)is a Measure of the Cost

question 92

Multiple Choice

The cost performance index (CPI) is a measure of the cost efficiency with which the project is being performed.If the cumulative earned value is greater than the cumulative actual costs, then

• A) the CPI is greater than 1.0.
• B) the CPI is less than 1.0.
• C) CPI cannot be determined with CEV and CAC.
• D) the CPI is negative.

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Definitions:

World Bank

An international financial institution that provides loans and grants to the governments of low and middle-income countries for the purpose of pursuing capital projects.

Foreign Aid Policies

Government strategies and actions aimed at providing economic, technical, or military assistance to other countries.

Debt Repayment

The act of paying back borrowed money, usually including both the principal amount and any accrued interest.

Standards of Living

A level of material comfort as measured by the goods, services, and luxuries available to an individual, group, or nation.