According to the Standish Group Study Describing What Factors Contribute

question 33

Multiple Choice

According to the Standish Group study describing what factors contribute most to the success of information technology projects,____ percent of successful projects are led by experienced project managers.

• A)75
• B)80
• C)97
• D)100

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Definitions:

Cost of Goods Manufactured

The total cost associated with producing goods, including materials, labor, and overhead, within a certain period.

Manufacturing Overhead

Indirect factory-related costs that are incurred when a product is manufactured, excluding direct materials and direct labor.

Direct Labor

The amount spent on salaries for personnel directly engaged in creating goods or providing services.

Total Manufacturing Costs

The aggregate cost of direct materials, direct labor, and manufacturing overhead incurred to produce finished goods.