To-Complete Performance Index with Variance Analysis (TCPIVA) represents the efficiency required to achieve the project objectives based on variance analysis. It measures the ratio of the remaining work value to the remaining budget, taking into account the variance between planned and actual performance. TCPIVA helps in assessing the efficiency needed to meet the project objectives considering the impact of performance variances.
Calculation: TCPIVA = (BAC - EV) / (BAC - AC)
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