The Project Sponsor Is

question 50

Multiple Choice

The project sponsor is

• A) responsible for ensuring that all management and technical processes are in place and carried out.
• B) the client, customer, or organizational manager who acts as the project champion and provides organizational resources and direction.
• C) the user or client who has specific knowledge, expertise, or insight in a specific functional area needed to support the project.
• D) provides the technical solution to the organizational problem and may include systems analysts, network specialists, or programmers.
• E) the person responsible for final acceptance of the application.

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Definitions:

Indirect Cost

Expenses not directly tied to the production of goods or services, such as utilities or rent.

Plant Manager's Salary

The compensation paid to the individual responsible for overseeing the operations of a manufacturing facility.

Period Costs

Expenses that are not directly tied to the production process and are instead incurred over a specific time period, such as selling, general, and administrative expenses.

Operating Costs

Expenses associated with running a business on a day-to-day basis, such as rent, utilities, and payroll, excluding costs associated with producing goods.