MS Project Is a Full-Service Project Management Software Because It

question 33

Multiple Choice

MS Project is a full-service project management software because it focuses on

• A) organizing tasks.
• B) providing access to project documentation.
• C) managing schedules.
• D) tracking employee hours.
• E) providing support for the project management process.

---

Definitions:

Direct Labor

The labor costs of employees who are directly involved in the production of goods or services.

Manufacturing Overhead

Indirect production expenses including costs for factory equipment depreciation, quality control, and facility rent that are not directly linked to individual products.

Cost of Goods Manufactured

The total cost incurred to produce goods that are completed within a specific accounting period.

Schedule of Cost

A detailed report showing the total costs incurred for a specific project or production process over a set period.