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If a project’s Actual Cost is $900, Planned Value is $1000, SPI is 0.75, what is the CPI of the project?
a. 0.83
b. 0.17
c. 0.75
d. 1Correct answer is A.
Schedule Performance Index (SPI) = EV / PV
EV = SPI * PV = 0.75 * $1000 = $750Cost Performance Index (CPI) = EV / AC = $750 / $900 = 0.83
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