Senior Cost Control Engineer
Senior Cost Control Engineer Interview Questions and Answers
Q1. what is CPI, BCWP , ETc
CPI stands for Cost Performance Index, BCWP stands for Budgeted Cost of Work Performed, and ETC stands for Estimate to Complete.
CPI is a measure of cost efficiency on a project, calculated as BCWP divided by ACWP (Actual Cost of Work Performed). A CPI greater than 1 indicates cost efficiency.
BCWP represents the budgeted cost of work that has been completed up to a specific point in time.
ETC is an estimate of the cost required to complete the remaining work on a project.
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