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I have used this software across a few of my Macs over the years and I have been very impressed by it's performance and stability. Compared to the Wintell version of the same time of release the Mac version is actually better. Go figure, it worked better on Macs!
A link to a very handy site detailing updates for various Office for Mac versions:
The following link has very good info on the different versions of Office for Mac:
(255.9 MiB / 268.33 MB)
From Mac OS 7.5
Must be installed on a Mac OS-compatible computer equipped with a PowerPC processor.
Emulating this? It should run fine under: SheepShaver