To Complete Performance Index – BAC (TCPI)
TCPI (BAC) tests whether the original Budget at Completion is still achievable. It shows the cost efficiency needed on the remaining work to finish within that budget. It answers a narrower question than To Complete Performance Index - EAC (TCPI (EAC)): not whether the current estimate is realistic, but whether the original budget can still be met. The formula is TCPI (BAC) = (BAC − BCWP) / (BAC − ACWP), where BCWP is the Budgeted Cost for Work Performed and ACWP is the Actual Cost of Work Performed.
What this means for you
TCPI (BAC) puts a number on how much better a project would have to perform to recover to its original budget. Where that number sits far above the efficiency achieved so far, it's evidence the budget is no longer a realistic target — often the trigger for revising the Estimate at Completion.
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