Review QuestionsAnswer the following questions:1) What is a resource?2) Why aren’t resources assigned to summary tasks?3) What is the difference between Start, Prorated and End in association with costs?4) Give a real-world example of the difference between a fixed cost and a cost per use?5) Why is a fixed cost entered with the task and not the resource?6) Why is the resource cost for the Wiring Contractor $0.00?7) Which resource is Overallocated and why?Review QuestionsAnswer the following questions:1) What is a resource?2) Why aren’t resources assigned to summary tasks?3) What is the difference between Start, Prorated and End in association with costs?4) Give a real-world example of the difference between a fixed cost and a cost per use?5) Why is a fixed cost entered with the task and not the resource?6) Why is the resource cost for the Wiring Contractor $0.00?7) Which resource is Overallocated and why?Lab 2 Reports1. Task Table: Entry2. Task Table: Cost3. Project Summary Report4. Project Budget Report5. Who Does What6. Overallocated Resources

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