What Is a Project Manager

question 11

Multiple Choice

What is a project manager?

• A) The application of knowledge, skills, tools, and techniques to project activities in order to meet or exceed stakeholder needs and expectations from a project.
• B) Any measurable, tangible, verifiable outcome, result, or item that is produced to complete a project or part of a project.
• C) Represents key dates when certain groups of activities must be performed.
• D) An individual who is an expert in project planning and management.

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Definitions:

Bill of Materials

A comprehensive list of materials, components, and instructions required to construct, manufacture, or repair a product or service.

Direct Material

Raw materials that are directly attributed to the production process and are a significant component of the finished product.

Actual Overhead Costs

The real costs incurred for overhead in a specific period, which may differ from budgeted or estimated overhead costs.

Job Costing System

This is an accounting method that tracks the expenses associated with a specific job or project to determine its profitability.