
EVM Explained: Cost Performance Index (CPI)
CPI is a key metric in construction that compares the value of completed work to actual costs, helping project managers track cost efficiency. A CPI over 1 signals savings, while below 1 shows overspending.
By using tools like 4castplus, teams can monitor CPI in real-time, address inefficiencies early, and ensure projects stay on budget. Make CPI a vital part of your cost management strategy.
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