A project has an AC of $4,500, and a PV of $5,000. If the SPI is 1.1, what is the CPI?
a. 1.3
b. 0.9
c. 1.22
d. 1.0
AC = $4500
PV = $5000
SPI = 1.1
EV = SPI × PV = 1.1 × $5000 = $5500
CPI = EV/AC = $5500 / $4500 = 1.22
So the answer is option c
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