To Complete Performance Index (Index Performance)
To Complete Performance Index field
A measure of the value of the project work that is remaining.
To Complete Performance Index (TCPI) is essentially a ratio of the remaining work to the remaining funds. It helps determine the level of performance that must be achieved on the remaining work to meet recognized business goals, such as the Budget at Completion (BAC) or the Estimate at Completion (EAC).
You can set performance thresholds for calculated TCPI values to display visual indicators that help you determine whether you need to take corrective action.
Calculated as (BAC minus Earned Value) divided by (EAC minus Actual Units or Cost). Where BAC equals Base Equipment Cost plus Base Expense Cost plus Base Work Cost plus Base Material Cost; EAC equals (Actual Equipment Cost plus Actual Expense Cost plus Actual Work Cost plus Actual Material Cost) plus (Remaining Equipment Cost plus Remaining Expense Cost plus Remaining Work Cost plus Remaining Material Cost); Actual Cost equals Actual Equipment Cost plus Actual Expense Cost plus Actual Work Cost plus Actual Material Cost.