At the end of three months, the cost factors in A&B's healthcare project are as follows: Earned value = $17,000, Actual cost = $18,200. What is the cost variance CV) and cost performance index CPI) for the project?

A) $+1,200; 1.07
B) $-1,200; 0.93
C) $-1,200; 1.07
D) $+35,200; 0.93
E) $+35,200; 1.07

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Pooja Prajapat · Accepted Answer

Final Answer : B, Explanation :  CV = Earned Value - Actual CostCV = $17,000 - $18,200CV = -$1,200CPI = Earned Value / Actual CostCPI = $17,000 / $18,200CPI = 0.93Therefore, the correct answer is B, as it matches both the CV and CPI calculated above.

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At the end of three months, the cost factors in A&B's healthcare project are as follows: Earned value = $17,000, Actual cost = $18,200. What is the cost variance CV) and cost performance index CPI) for the project?A) $+1,200; 1.07B) $-1,200; 0.93C) $-1,200; 1.07D) $+35,200; 0.93E) $+35,200; 1.07

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