Manage Risks and the Risk Process for Construction and Built Environment Projects PMI-CP Practice Questions (Page 2)

Questions 6–10

1. 6application · medium

   A project team is evaluating risks for a high-rise building. They have identified a risk of crane failure during hoisting operations. The team has scored the likelihood as low but the impact as very high. How should this risk be prioritized?

   • AHigh priority because the impact is severe, even though likelihood is low.
   • BNo priority because the risk is unlikely to occur.
   • CLow priority because the likelihood is low.
   • DMedium priority because likelihood and impact balance out.
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2. 7application · medium

   A mid-sized construction company wants to adopt Building Information Modeling (BIM) for the first time on a complex project. The project manager notices that several senior engineers are reluctant to change their workflows. What is the most effective way to overcome this innovation barrier?

   • AMandate BIM usage through a policy and require compliance from all team members.
   • BHire an external BIM consultant to manage the entire process.
   • CImplement BIM on a small pilot project first to test the technology.
   • DProvide targeted training and demonstrate how BIM reduces rework and improves coordination.
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4. 8application · medium

   A construction project is using an outdated project management software that cannot integrate with the new scheduling tool the client requires. The project manager must decide whether to upgrade the software mid-project. What is the most appropriate first step?

   • AImmediately purchase the new software to meet the client's requirement.
   • BAssess the impact of the technology gap on project schedule, cost, and quality, then evaluate upgrade options.
   • CContinue using the current software and manually transfer data to the client's tool.
   • DAsk the client to change their scheduling tool to match the project's software.
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5. 9application · medium

   A construction team discovers that by using a new modular construction technique, they can complete the project earlier than planned, which may earn a bonus from the client. The project manager wants to ensure this opportunity is realized. What is the most appropriate response strategy?

   • AEnhance the opportunity by increasing the likelihood of its occurrence.
   • BShare the opportunity with a partner to increase the chance of success.
   • CExploit the opportunity by actively pursuing the modular technique.
   • DAccept the opportunity and do nothing special.
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6. 10application · medium

   During Front End Planning for a new manufacturing plant, the risk team has identified several risks and scored them. The project sponsor asks for a clear view of which risks require immediate attention. What should the risk manager present?

   • AA prioritized risk matrix showing likelihood and impact scores for each risk.
   • BA detailed quantitative analysis for every risk.
   • CA list of all risks sorted alphabetically.
   • DA summary of risks that have already occurred.
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