The following question requires your selection of CCC/CCE Scenario 2 (2.

The Cost Performance Index (CPI) is calculated using the formula:

CPI=Earned Value (EV)Actual Cost (AC)\text{CPI} = \frac{\text{Earned Value (EV)}}{\text{Actual Cost (AC)}}CPI=Actual Cost (AC)Earned Value (EV)​

Where:

EV (Earned Value)is the percentage of completion multiplied by the total budgeted hours.

AC (Actual Cost)is the total hours expended.

Given:

Total Budgeted Hours = 12,000 hours

Percent Complete = 66%

Actual Hours Expended (AC) = 9,375 hours

EV=12,000×0.66=7,920 hours\text{EV} = 12,000 \times 0.66 = 7,920 \text{ hours}EV=12,000×0.66=7,920 hours CPI=7,9209,375≈0.84\text{CPI} = \frac{7,920}{9,375} \approx 0.84CPI=9,3757,920​≈0.84

So, the correct answer isB. 0.84.