Your Vice President has asked you what the Estimate at Completion is going to be for a small project you are working on. You were given a budget of $30,000, and to date you have spent $20,000 but only completed $10,000 worth of work. You are sure that the future work will be accomplished at the planned rate.
As part of EVM, a project manager is calculating the to-complete performance index (TCPI) based on EAC. The data that he has is: the budget at completion for the project is $ 100,000, the earned value for the project is $ 25,000, the actual costs to date are 40,000 and the estimate at completion is $ 115,000. What is the TCPI that he will obtain?