Which Statement Applies to Stage Plans

question 78

Multiple Choice

Which statement applies to Stage Plans?

• A) Always have the same duration as the Project Plan
• B) Are produced at the same time as the Project Initiation Documentation
• C) Assist the Project Manager in the day-to-day running and control of the project
• D) Provide a baseline against which the Project Board monitor overall progress

---

Definitions:

Direct Materials

Substances that can be directly linked to the manufacturing of a particular item.

Direct Labor

Labor costs that can be easily traced to individual units of product; essentially the wages paid to workers who directly manufacture goods.

Manufacturing Overhead

All indirect manufacturing costs, including but not limited to utilities, rent, and salaries of supervisors.

Direct Materials Cost

The expense incurred for raw materials that are directly traceable to the production of specific goods or services.