Your project had a cost overrun in the past and you tried to obtain funding on top of the original budget at completion (BAC). Management has told you that they cannot make additional funding available. You have to increase cost performance so that the project will be finished with costs not exceeding the original BAC. Which metric describes the future performance to meet this objective?

o TCPI calculated as BAC / CPI

o TCPI calculated as (BAC-EV) / (EAC – AC)

o TCPI calculated as (BAC-EV) / (BAC-AC)

o TCPI cannot be calculated in this situation.