Cost Performance Index (CPI) - Kissflow

The Cost Performance Index (CPI) is a method for calculating the cost efficiency and financial effectiveness of a specific project through the following formula ... AComprehensiveGlossaryofProjectManagementTerms Everythingyouneedtoknowaboutprojectmanagementinonelist ABCDEFGHIJKLMNOPQRSTUVWXY Z Aa AcceptanceCriteria AdaptiveProjectFramework(APF) AggregateProjectPlan(APP) Agile Artifact Assumptions Bb Baseline Backlog BOSCARD BurnRate BalanceScorecard BusinessCase Cc ContingencyPlan CaseStudy Constraint CAPEX(CapitalExpenditure) Changecontrol Changefreeze Changemanagementplan Changerequest ClosingPhase CommunicationsManagementPlan CostManagementPlan CostOverrun(Budgetoverrun) CostPerformanceIndex(CPI) CriticalChainProjectManagement(CCPM) CriticalPath CriticalPathMethod(CPM) ChangeManagement Dd Deliverable Dependency Ee EarnedValue ExecutionPhase ExtremeProgramming(XP) Ff FastTracking Feasibilitystudy Forecasting Gg GoalSetting GanttChart Hh HumanResourcePlan Ii Initiationphase Iteration Jj JustinTime(JIT) Kk KnowledgeArea Kanban KickoffMeeting KeyPerformanceIndicator(KPI) Ll LifeCycle LeadTime LeanProduction Mm Milestone Nn Netpresentvalue(NPV) Oo Objectives Pp ProjectPortfolio ProgramManager PerformanceIndicator Planningphase PRINCE2(PRojectsINControlledEnvironments) Project ProjectProposal ProjectManager PriorityMatrix Q QualityAssurance(QA) QualityControl(QC) R RiskMitigation Risk ResourceManagement RiskRegister Ss ScopeStatement SixSigma ScheduleManagementPlan Scheduling Scope ScopeCreep Scrum Sprint Stakeholder Tt Timeline Test Uu UseCase UserAcceptanceTest(UAT) Vv VirtualTeams Valuestreammapping Ww WorkBreakdownStructure(WBS) Workaround WaterfallMethodology Xx X-barcontrolchart WhatistheCostPerformanceIndex(CPI)? TheCostPerformanceIndex(CPI)isamethodforcalculatingthecostefficiencyandfinancialeffectivenessofaspecificprojectthroughthefollowingformula: CPI=earnedvalue(EV)/actualcost(AC). ACPIratiowithavaluehigherthan1indicatesthataprojectisperformingwellbudget-wise.ACPIvalueof1indicatesthataprojectisperformingonbudget.ACPIvaluethatislessthan1indicatesthataprojectisoverbudget. FurtherReading: –ACompleteGuidetoDeliverablesinProjectManagement –DependenciesinProjectManagement–ACompleteGuide –HowtoEffectivelyTrackProjectProgressforSuccess? –HowtoStayOrganizedatWork–9SimpleSteps AllTerms Aa AcceptanceCriteria AdaptiveProjectFramework(APF) AggregateProjectPlan(APP) Agile Artifact Assumptions Bb Baseline Backlog BOSCARD BurnRate BalanceScorecard BusinessCase Cc ContingencyPlan CaseStudy Constraint CAPEX(CapitalExpenditure) Changecontrol Changefreeze Changemanagementplan Changerequest ClosingPhase CommunicationsManagementPlan CostManagementPlan CostOverrun(Budgetoverrun) CostPerformanceIndex(CPI) CriticalChainProjectManagement(CCPM) CriticalPath CriticalPathMethod(CPM) ChangeManagement Dd Deliverable Dependency Ee EarnedValue ExecutionPhase ExtremeProgramming(XP) Ff FastTracking Feasibilitystudy Forecasting Gg GoalSetting GanttChart Hh HumanResourcePlan Ii Initiationphase Iteration Jj JustinTime(JIT) Kk KnowledgeArea Kanban KickoffMeeting KeyPerformanceIndicator(KPI) Ll LifeCycle LeadTime LeanProduction Mm Milestone Nn Netpresentvalue(NPV) Oo Objectives Pp ProjectPortfolio ProgramManager PerformanceIndicator Planningphase PRINCE2(PRojectsINControlledEnvironments) Project ProjectProposal ProjectManager PriorityMatrix Q QualityAssurance(QA) QualityControl(QC) R RiskMitigation Risk ResourceManagement RiskRegister Ss ScopeStatement SixSigma ScheduleManagementPlan Scheduling Scope ScopeCreep Scrum Sprint Stakeholder Tt Timeline Test Uu UseCase UserAcceptanceTest(UAT) Vv VirtualTeams Valuestreammapping Ww WorkBreakdownStructure(WBS) Workaround WaterfallMethodology Xx X-barcontrolchart WhatistheCostPerformanceIndex(CPI)? TheCostPerformanceIndex(CPI)isamethodforcalculatingthecostefficiencyandfinancialeffectivenessofaspecificprojectthroughthefollowingformula: CPI=earnedvalue(EV)/actualcost(AC). ACPIratiowithavaluehigherthan1indicatesthataprojectisperformingwellbudget-wise.ACPIvalueof1indicatesthataprojectisperformingonbudget.ACPIvaluethatislessthan1indicatesthataprojectisoverbudget. FurtherReading: –ACompleteGuidetoDeliverablesinProjectManagement –DependenciesinProjectManagement–ACompleteGuide –HowtoEffectivelyTrackProjectProgressforSuccess? –HowtoStayOrganizedatWork–9SimpleSteps Thiswebsiteusescookiestoensureyougetthebestexperience.Learnmore.Close TryKissflowProjectforFree Morepowertoyourwork,startingtoday. GetStarted Chooseyourproductstomakeworksimple Workflow DigitalWorkplace Low-Code Project ProcurementCloud CommunityPlatform Selectaplantoproceed Monthly Annual *FullyLoadedpricingisonlyavailableonanannualsubscription Let'sgetstarted. Name* EmailAddress* Phone number Howmany users willyouneed? 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