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The project budget is set at $150,000.

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The project budget is set at $150,000. The project duration is planned to be one year. At the completion of Week 16 of the project, the following information is collected: Actual cost = $50,000, Plan cost = $45,000, Earned value = $40,000. What is the cost performance index?

A.

0.8

B.

0.89

C.

1.13

D.

1.25

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