Guía para el examen de Certificación como PMP

Topi c : Cos t Ma na ge me nt.

1. Link the term with its concept

 Net present value  Lose value over time

 Internal rate of return (IRR)  Current assets minus current liabilities.

Amount of money available to invest

 Payback period  Adding twice as many resources to an

activity may not get the activity done in
half the time

 Benefit cost ratio  Expended costs

 Opportunity cost  The opportunity given up by selecting

one project over another

 Sunk costs  Relates costing projects and to

determining what work should be done.
This ratio compares the benefits to the
costs of different options

 Law of diminishing returns  The number of time periods it takes to

recover your investment before you start
accumulating profit

 Working capital  The rate at which the project inflows

(revenues) and project outflows (costs)
are equal

 Depreciation  Total benefits (income or revenue) less

the costs over many time periods

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