As a rule of thumb: if you cannot choose the location during setup, then you probably cannot put the app anywhere else. This applies in particular to apps that are supplied as installer packages (.pkg), unless the installer lets you choose a location, and Mac App Store apps. You should not move those apps to different locations. Apps that can be installed by drag and drop can generally be installed anywhere and also moved around, unless those apps tell you otherwise (some will complain upon start).
“Proper” Cocoa apps are position independent and write their generated files in the user or local library (the latter only if permitted).
Unfortunately, I know several apps that are technically capable to run from anywhere but still must be installed in /Applications for whatever reason. Microsoft Office supplies its own updater app, so I suspect that this is what will likely prevent you from putting the Office apps anywhere else.