9. You are the project manager of a housing project in which a total of 10 houses are to be build over 10 months (1 house per month). The total budget for the housing project is $1,000,000. The project is now at the end of the 6th month with 5 houses built and $500,000 spent. The project is behind schedule owing to a work strike for a month. The Cost Performance Index (CPI) for the project is: a 10 b. 0.9 c. 11 d. 1.2

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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9. You are the project manager of a housing project in which a total of 10 houses are to be build over 10 months (1 house per
month). The total budget for the housing project is $1,000,000. The project is now at the end of the 6th month with 5
houses built and $500,000 spent. The project is behind schedule owing to a work strike for a month. The Cost Performance
Index (CPI) for the project is:
a. 1.0
b. 0.9
c. 1.1
d.
1.2
Transcribed Image Text:9. You are the project manager of a housing project in which a total of 10 houses are to be build over 10 months (1 house per month). The total budget for the housing project is $1,000,000. The project is now at the end of the 6th month with 5 houses built and $500,000 spent. The project is behind schedule owing to a work strike for a month. The Cost Performance Index (CPI) for the project is: a. 1.0 b. 0.9 c. 1.1 d. 1.2
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