What does To Complete Performance Index (TCPI) indicate?

To Complete Performance Index (TCPI) serves as a metric that indicates the efficiency needed from the remaining resources in a project to meet the original budgeted cost. It is calculated using the formula: TCPI = (Budget at Completion - Earned Value) / (Budget at Completion - Actual Cost). This value provides insight into how well the project team must perform going forward to achieve the financial goals set at the project's inception.

When the TCPI is above 1, it signifies that greater efficiency is required to stay on budget, while a TCPI below 1 indicates that the project is currently on track to finish within the original budget. By focusing on TCPI, project managers can make informed decisions regarding resource allocation and performance management, ensuring that the project does not overspend and meets its financial objectives. This understanding is crucial for managing a successful telecommunications project in line with BICSI's standards.