PMP Exam Simulator

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info iconPMP exam lasts 4h and has 200 questions
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lock iconIntegration Management

Your company is a cable service provider and you have been a project manager there for over 8 years. You want to introduce a project that would be of great benefit to your company. During evaluation, your team found out that the project would cost $700,000. Since you are introducing a new potential product in the market, you hope expected inflows to be $40,000 per quarter for the first 2 years and $95,000 per quarter thereafter. What is the payback period of this project?