Microsoft Project 2021 From Beginners to Advanced - What are Resources?

The video tutorial explains the three types of resources in project management: work, material, and cost resources. It discusses how each type affects project timelines and costs. Work resources are managed by time and availability, material resources by quantity, and cost resources by task-specific expenses. The tutorial emphasizes understanding these resources to effectively plan and execute projects.

How can adding a second work resource to a task affect its duration?

• It has no effect on the task duration.

• It halves the duration of the task.

• It triples the duration of the task.

• It doubles the duration of the task.

What is a key consideration when assigning work resources to tasks?

• The resource's favorite food.

• The color of the resource's uniform.

• The resource's preferred working location.

• The resource's availability and percentage of time they can work.

Why are calendars important for work resources?

• They are used to track holidays.

• They determine the working hours and availability of resources.

• They are used to plan vacations.

• They help in scheduling meetings.

How are material resources assigned in a project?

• By the number of hours worked.

• By the number of days they are used.

• By the quantity needed.

• By the number of people using them.

What distinguishes cost resources from work and material resources?

• They are always related to travel expenses.

• They are only used in construction projects.

• They are variable costs that can change from task to task.

• They are always fixed costs.