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Study Stuff for MCA Examinations - NIMCET
Study Stuff for MCA Examinations - NIMCET
Previous Year Question (PYQs)
Which of the following is used to determine the cost performance index?
Solution
Cost Performance Index is calculated as:
$CPI = \frac{BCWP}{ACWP}$
That means:
Budgeted cost of work performed ÷ Actual cost of work performed
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