The Project Manager Role and Responsibility That Keeps Up with Current

question 1

Multiple Choice

The project manager role and responsibility that keeps up with current technology developments and is the "go-to" person for a project is the

• A)administrator role.
• B)consultant role.
• C)coordinator role.
• D)supervisor role.

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Definitions:

Product Costs

The three components of manufacturing cost: direct materials, direct labor, and factory overhead costs.

Direct Labor

The labor cost associated with workers who are directly involved in the production of goods or the provision of services.

Direct Materials

Raw materials that are directly incorporated into the finished product and can be easily traced to it.

Ideal Standards

Standards that can be achieved only under perfect operating conditions, such as no idle time, no machine breakdowns, and no materials spoilage; also called theoretical standards.