An External Risk Factor That Might Need to Be Considered

question 139

Multiple Choice

An external risk factor that might need to be considered when conducting project planning is:

• A) Lack of resources.
• B) Regulatory requirements.
• C) Organizational rules.
• D) Technological capabilities.

Understand the principles of performance evaluation and the role of controllable versus non-controllable factors.

Differentiate between intrinsic and extrinsic rewards and understand their impact on motivation.

Understand the expectancy theory of motivation and its components.

Apply key financial metrics to evaluate the profitability and efficiency of investment centers.

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Definitions:

Measure of Variability

A statistic that describes the degree to which scores in a distribution spread out or cluster together, such as range, variance, or standard deviation.

Statistic

A numerical measure that describes a characteristic of a sample derived from a larger population.

Asymmetrical

Lacking symmetry; when two sides or halves of something do not match or are not equal in shape, size, or composition.

Distribution

The way in which something is shared or exists over a particular area or among a particular group of people.