Earned Value Management (4 of 4): To-Complete Performance Index (TCPI)

In this video, we break down the concept of the To-Complete Performance Index (TCPI) and its significance in managing project costs effectively.
This Tutorial has 4 Videos
1. Earned Value : • Earned Value Managemen...
2. Variance Analysis : • Earned Value Managemen...
3. Trend Analysis : • Earned Value Managemen...
4. To-Complete Performance Index : • Earned Value Managemen... (Current One)
We'll cover:
🔹 TCPI Formula: A simple approach-work remaining divided by funds remaining.
🔹 Examples: We'll explore a case with a four-week project, planned value, actual cost, and earned value to demonstrate how TCPI works in real life.
🔹 TCPI = 1: What it means when your project is on track with the budget.
🔹 When TCPI greater than 1: Learn how to manage projects aggressively when cost performance needs to improve.
🔹 When TCPI less than 1: Discover how budget revisions impact TCPI and project performance.
Through this detailed explanation, you'll understand when to use the original budget vs. a revised budget and how to apply TCPI calculations to maintain your project within budget.
Stay tuned for insights and practical tips for acing your PMP exam!
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