Manage Risks and the Risk Process for Construction and Built Environment Projects PMI-CP Practice Questions (Page 7)

Questions 31–34

1. 31foundation · easy

   Which risk classification would a risk of a new environmental regulation affecting a construction project fall under?

   • AProject management
   • BTechnical
   • COrganizational
   • DExternal
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2. 32foundation · easy

   Which tool is commonly used to visually display risks based on their likelihood and impact?

   • AGantt chart
   • BPareto chart
   • CProbability and impact matrix
   • DFishbone diagram
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4. 33foundation · easy

   What is the purpose of assessing the impact of technology decisions on a construction project?

   • ATo understand how technology choices affect project outcomes across the lifecycle
   • BTo eliminate the need for risk management
   • CTo select the most expensive technology available
   • DTo satisfy vendor requirements
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5. 34expert · hard

   A project is using a cloud-based collaboration platform that the client's security team has flagged as non-compliant with their data residency requirements. The project manager must decide whether to switch platforms mid-project. The switch will cause a two-week delay and require retraining. What is the most appropriate decision-making approach?

   • AAssess the compliance risk and the impact of the delay, then decide whether the switch is justified.
   • BAsk the client to waive the data residency requirement.
   • CSwitch platforms immediately to comply with the client's requirement.
   • DContinue using the current platform and hope the client does not enforce the requirement.
   Reveal Solution Discussion Select an answer first