You are the project manager of the NHQ project for your company. Management has told
you that you must implement an agreed upon contingency response if the Cost
Performance Index in your project is less than 0.90. Consider that your project has a budget
at completion of $250,000 and is 60 percent complete. You are scheduled to be however,
75 percent complete, and you have spent $165,000 to date. What is the Cost Performance
Index for this project to determine if the contingency response should happen?
A.
0.88
B.
0.80
C.
-$37,500
D.
0.91