PMI Scheduling Professional Certification (PMI-SP) Practice Exam 2025 – Your All-in-One Guide to Mastering the Certification!

The To-Complete Performance Index (TCPI) measures the cost performance required to meet a specified management goal, such as completing a project within budget. It is a key indicator used in Earned Value Management (EVM) to assess how efficiently the remaining work on a project needs to proceed in order to achieve budgetary targets.

TCPI is calculated using the formula:

\[

TCPI = \frac{BAC - EV}{BAC - AC}

\]

Where BAC (Budget at Completion) is the total budget for the project, EV (Earned Value) represents the value of work actually performed to date, and AC (Actual Cost) is the cost incurred for that work. By analyzing TCPI, project managers can determine if the current project performance is on track to meet financial constraints and adjust project execution strategies accordingly.

The other choices do not accurately reflect the specific focus of TCPI. While the efficiency of completed tasks and future expenditure forecasts are valuable metrics, they are distinct for different aspects of project management. The ratio of actual costs to estimated costs, while relevant for cost analysis, does not specifically capture the required performance for future phases of a project in relation to the overall budget goal.