tcpi

"TCPI," which stands for "To Complete Performance Index," is a project management metric used to assess the efficiency and performance of a project's cost management. TCPI is calculated by dividing the remaining work to be completed on a project by the remaining budget available to complete that work. In other words, it measures how effectively the project team must utilize the remaining budget to stay within the project's overall budget target.

TCPI is a valuable tool for project managers to determine if the project is on track to meet its budget goals. If TCPI is greater than 1.0, it indicates that the project needs to work more efficiently to stay within budget. If TCPI is less than 1.0, it suggests that the project has the potential to complete under budget with the remaining resources. Project managers use TCPI to make informed decisions about resource allocation, cost control measures, and overall project performance.