Which project is the most cost efficient?

Cost Management

George Lewis Program/Project Manager| DXC Technology Company Heredia, Costa Rica

You are compiling a monthly summary for your PMO reports. There are 4 projects reporting the following data: Project A has an EV of $500 and an AC of $505; Project B has a CPI of 1.08, Project C has an EV of $455 and an AC of $450; and Project D has a CPI of 0.98. Which project is the most cost efficient?

a) Project A.
b) Project B.
c) Project C.
d) Project D.

Posted: Sep 26, 2017 7:55 AM

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Peyman Mokhtarzadeh Sharabiani North Vancouver, Canada

Sep 29, 2017 4:54 PM

Replying to Stéphane Parent

...

I agree with your point, Peyman. I've been telling PMs that our job is to come on time and on budget, not under. Why is that? Because the overestimated resources you've grabbed for your project are not available for another project.

But it all hinges on what we mean by cost efficiency. To me cost efficiency is about doing things the right way. (Effectiveness is about doing the right thing.)

Do you think that project C is doing things in a better way than project B?

I totally agreed with you stephane, as view point of PM, Project B has more CPI indication rather than Project C and doing right thing but as point of stakeholders / shareholders in case duration more with concern of Business Part and involvement , I will prefer Project C, that means Project C doing things better for Company rather than B. That is my opinion only ...

Posted: Sep 29, 2017 5:04 PM

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Which project is the most cost efficient?

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