Calculate the cost performance index

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You are managing a task on the critical path which has a BAC of $500,000. The task is 80 percent complete. The team has completed 10 weeks on the task, and it was scheduled to take 10 weeks. You have spent $400,000 on the task so far. Calculate the cost performance index (CPI) and schedule performance index (SPI). Briefly explain what the reults mean.

Reference no: EM132138331

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