Pete works as a project manager for BlueWell Inc. The Management has told him that he must
implement an agreed-upon contingency response if the cost performance index in his project is
less than 0.90. Consider that Pete’s project has a budget at completion of $275,000. His project is
65 percent complete and he has spent $175,000 to date. However, Pete is scheduled to be 78
percent complete. What is the cost performance index for this project to determine if the
contingency response should happen?
A.
1.02
B.
0.96
C.
0.90
D.
0.89