PMP Math
Essential Mathematical Formulas for PMP Certification Test
Formula
A = B + C
Example
Assume you’re operating a small operation where you create and sell handcrafted candles. Your total assets may include the following:
– $5,000 in your bank account
– Supplies (such as candle-making gear and molds): $2,000
– Inventory (candles created but not yet sold): $3,000 – Total assets: $5,000 (cash) + $2,000 (equipment) + $3,000 (inventory) = $10,000
So the overall value of your assets for this candle-making operation would be $10,000. It’s a method of accumulating all of the useful items you own that assist you operate and expand your project.
