单词 | cost performance index (CPI) |
释义 | cost performance index (CPI)Definition A measure of the efficiency of expenses spent on a project. The formula that a business normally uses to assess the cost performance index (CPI) is the ratio of earned value (EV) over actual costs (AC); therefore, CPI is equal to EV divided by AC. A value higher than one indicates a favorable condition, while a value under one would be considered unfavorable. |
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