PMP Math
Essential Mathematical Formulas for PMP Certification Test
Formula
A = B + C
Example
Assume you’re in charge of a project to make and sell handcrafted items. Among your current liabilities are:
– Supplier payments for items purchased: $2,000
– $1,500 in short-term loans or credit card payments due soon:
– $1,000 in unpaid utility or rent bills
As a result, your current liabilities would equal the sum of these obligations:
Current Liabilities = ($2,000) Supplier Payments + ($1,500) Short-Term Loans + ($1,000) Unpaid Bills = $4,500
These obligations are referred to as “current” because they are expected to be settled or paid off in a very short period of time, usually within the next year.
