PMP Math
Essential Mathematical Formulas for PMP Certification Test
Formula
A = B + C
Example
Assume you’re building a little shed in your backyard. You’ve researched material pricing, consulted with contractors, and planned every detail. After all of your hard work, you estimate that the shed will cost $3,500 to build and will take exactly four weeks to complete.
Because you gathered accurate information, acquired specific bids for materials and labor, and accounted for every aspect of the shed’s construction, this estimate is definitive. It’s a certain, precise diagnosis based on thorough research and planning.
Definitive estimates are reliable since they are based on actual data, making them crucial for projecting project costs or timelines.
