Microsoft Project 2021 From Beginners to Advanced - Fixed Task Costs

Microsoft Project 2021 From Beginners to Advanced - Fixed Task Costs

Assessment

Interactive Video

Information Technology (IT), Architecture

University

Hard

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The video tutorial explains how to manage fixed task costs in project management. It covers entering fixed costs in the cost table, assigning additional costs to tasks, and setting up consultant costs. The tutorial uses examples from building and website projects to illustrate these concepts, emphasizing the importance of accurate cost tracking and documentation.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are fixed task costs and how do they differ from variable costs?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In the context of a building project, what is an example of a fixed cost?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How do you enter a fixed cost into the cost table?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the three options for fixed cost accrual methods mentioned in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What should you do if you have multiple fixed costs to apply to a task?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How can you document fixed costs for transparency among team members?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the cost per use for a consultant in project management?

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