Essential Mathematical Formulas for PMP Certification Test
A = B + C
Example
Assume you’re in charge of a project that involves the sale of handcrafted items. Over the course of a month, you sold:
– 20 wooden sculptures priced at $50 each – 30 painted pots priced at $20 each – 15 knitted scarves priced at $30 each
To figure out the overall sales for this project, do the following:
– Wooden sculpture sales: 20 sculptures * $50 each = $1,000
– Painted pot sales: 30 pots * $20 each = $600
– Knitted scarves sales: 15 scarves at $30 each = $450
Total Sales (TS) = $1,000 for wooden sculptures + $600 for painted pots + $450 for knitted scarves = $2,050.
So, in this scenario, your project’s entire Sales (TS) would be $2,050, indicating the entire money gained from selling handcrafted products during that time period.
