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PMP Math Essential Mathematical Formulas for PMP Certification Test Formula A = B + C Learn More BCWP (Budgeted Cost of Work Performed) refers to the entire budget or cost that was intended to be spent on various tasks or activities up to a given point in time in project management. Practice Test Go Example Assume you’re…

PMP Math Essential Mathematical Formulas for PMP Certification Test Formula A = B + C Learn More The “Critical Path Float” or “Total Float” in project management refers to the length of time a job in a project may be postponed without affecting the overall project completion. Practice Test Go Example Assume you’re planning a multi-stop road…

PMP Math Essential Mathematical Formulas for PMP Certification Test Formula A = B + C Learn More Straight Line Depreciation is a method used to spread out the cost of an asset evenly over its useful life.   Practice Test Go Example Imagine you buy a computer for your project that costs $2,000 and you expect it…

PMP Math Essential Mathematical Formulas for PMP Certification Test Formula A = B + C Learn More Straight Line Depreciation is a way of spreading out an asset’s cost evenly across its useful life. Practice Test Go Example Assume you paid $10,000 for a machine for your project and expect it to last 5 years. To calculate…

Fast Tracking The fast tracking in project management is equivalent to using a shortcut to complete your project faster. It is about completing various chores concurrently that were previously scheduled to be completed one after the other.   Example Assume you’re constructing a house. Typically, you would lay the foundation first, then the walls, and eventually the roof….