Manage Risks and the Risk Process for Construction and Built Environment Projects PMI-CP Practice Questions (Page 6)

Questions 26–30

1. 26application · medium

   A construction company is considering implementing drone-based site inspections to improve safety monitoring. The project manager is concerned about the team's lack of experience with drones. What is the best way to overcome this barrier?

   • AOutsource all drone inspections to a third-party vendor.
   • BPurchase the drones and require the team to learn on their own.
   • CProvide hands-on training and a trial period for the team to become comfortable with the technology.
   • DAbandon the idea because the team is not ready.
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2. 27application · medium

   During a risk review meeting, a subcontractor suggests that using a new prefabricated concrete method could reduce the construction schedule by three weeks. The project manager is focused on threats and initially dismisses the idea. What should the project manager do to align with positive risk management?

   • AEvaluate the suggestion as a potential opportunity and, if viable, develop a plan to exploit it.
   • BAdd the suggestion to the risk register as a low-priority threat because it changes the schedule.
   • CAsk the subcontractor to provide a cost estimate before discussing it further.
   • DThank the subcontractor but note that the current method is proven and lower risk.
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4. 28foundation · easy

   What is a common barrier to implementing innovative solutions in built environment companies?

   • AToo many skilled workers
   • BOverabundance of time for experimentation
   • CExcessive availability of funding
   • DResistance to change within the organization
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5. 29expert · hard

   During Front End Planning, the risk team has identified 50 risks. The project has a tight budget and limited time for risk analysis. The team must decide which risks to analyze quantitatively. What is the most appropriate approach?

   • ASkip quantitative analysis and rely solely on qualitative scores.
   • BRandomly select 10 risks for quantitative analysis to save time.
   • CPrioritize risks using qualitative analysis, then perform quantitative analysis on the top-ranked risks.
   • DPerform quantitative analysis on all 50 risks to ensure accuracy.
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6. 30foundation · easy

   When should stakeholders be engaged in the risk management process?

   • AOnly after the risk register is finalized
   • BOnly when a major risk event occurs
   • CAt appropriate stages throughout the project lifecycle
   • DAt the beginning and then again at project closeout
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