To-Complete Performance Index (TCPI) is a comparative Earn Value Management (EVM) metric used to measure the cost performance achieved with the remaining resources to a specified management goal, expressed as the ratio of the cost to finish the outstanding work to the remaining budget.
This formula works out to be: TCPI = (BAC โ EV) รท (BAC โ AC)
TCPI = (BAC - EV)/(BAC - AC)