Alright, a CPI less than 1.0 means the cost for the completed work is less than the estimate. That's the definition of a cost underrun, so the correct answer is C) Cost underrun of performance to date. Nailed it!
A CPI less than 1.0 means the cost for the completed work is less than the estimate. So that's a good thing - it indicates a cost underrun. I'm feeling pretty good about this one.
Ugh, I'm a bit confused on this one. Is a CPI less than 1.0 good or bad? I know it has something to do with cost, but I can't remember if it's an overrun or underrun. Gotta think this through.
Okay, let's see. A CPI less than 1.0 means the cost for the completed work is less than the estimate, right? I'm pretty confident that's the right answer.
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