To-Complete Performance Index with Revised Estimate (TCPIRE) represents the efficiency required to achieve the revised estimate at completion. It measures the ratio of the remaining work value to the remaining budget based on a revised estimate. TCPIRE helps in evaluating the project's cost performance against the revised estimate and assessing the efficiency needed to complete the project within budget.
Calculation: TCPIRE = (BAC - EV) / (EACRE - AC)
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