Fred Is the Project Manager of the PKL Project

question 129

Multiple Choice

Fred is the project manager of the PKL project. He is working with his project team to complete the quantitative risk analysis process as a part of risk management planning. Fred understands that once the quantitative risk analysis process is complete, the process will need to be completed again in at least two other times in the project. When will the quantitative risk analysis process need to be repeated?

• A) Quantitative risk analysis process will be completed again after the plan risk response planning and as part of procurement.
• B) Quantitative risk analysis process will be completed again after the cost management planning and as a part of monitoring and controlling.
• C) Quantitative risk analysis process will be completed again after new risks are identified and as part of monitoring and controlling.
• D) Quantitative risk analysis process will be completed again after the risk response planning and as a part of monitoring and controlling.

Identify the reasons for failure among expatriates and the importance of effectively managing their repatriation.

Recognize the significance of global teams and the skills necessary for successful international assignments.

Understand the initial steps and considerations in selecting candidates for international assignments.

Grasp the principles and objectives of compensating expatriate managers, including the balance sheet approach.

---

Definitions:

Casualty Loss

A loss resulting from a sudden, unexpected, or unusual event such as a storm, theft, or car accident, which can potentially be deducted from one's taxes.

Insurance Settlement

A payment made by an insurance company to a claimant, insured, or beneficiary under the terms of an insurance policy following a loss.

Adjusted Gross Income

is an individual's total gross income minus specific deductions, used to determine tax liability.

Schedule A

A form used for itemizing deductions on a U.S. individual income tax return, including taxes paid, interest, gifts to charity, and other deductible expenses.