【Daily Topic】【Engineering Version 20170112】
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This post was last edited by hesonchang214 on 2017-1-13 09:56. Reward for participation: 2 wealth points. Correct reward: 9 wealth. For a project with a total cost of 10 million yuan, an interim inspection was conducted. By the time of the inspection, the budgeted cost for the work completed was 4.1 million yuan, while the planned budgeted cost for that work was 4 million yuan. The actual cost for the work completed was 4.3 million yuan. Therefore, its cost performance index is ( ). A.0.430 B.0.930 C.0.953 D.1.075 Reference**: C
For a project with a total cost of 10 million yuan, an interim inspection was conducted. As of the time of the inspection, the budgeted cost for the work completed was 4.1 million yuan, the planned budgeted cost for that work was 4 million yuan, and the actual cost for the work completed was 4.3 million yuan. Therefore, its cost performance index is ( C ). A.0.430 B.0.930 C.0.953 D.1.075
For a project with a total cost of 10 million yuan, an interim inspection was conducted. As of the time of the inspection, the budgeted cost for the work completed was 4.1 million yuan, the planned budgeted cost for that work was 4 million yuan, and the actual cost for the work completed was 4.3 million yuan. Therefore, its cost performance index is ( C ). A.0.430 B.0.930 C.0.953 D.1.075
The answer is C; the Cost Performance Index (CPI) = Budgeted Cost of Completed Work (BCWP) / Actual Cost of Completed Work (ACWP) = 410 / 430 = 0.953.