SOFTWARE PROJECT MANAGEMENT
RISK MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Question 15 of 100Question ID:613774One risk that had been identified and accounted for during the planning process of your construction project was delays caused by poor weather. However, the abysmal weather has exhausted the schedule reserves, and the project schedule is unattainable despite your best efforts. As a result, the project sponsor asks you to update the schedule baseline.What should you do next?
|
AUpdate the schedule baseline as requested by the sponsor
|
|
BSubmit a change request
|
|
CCrash the schedule
|
|
DFast track the schedule
|
Explanation:
Detailed explanation-1: -There are five core steps within the risk identification and management process. These steps include risk identification, risk analysis, risk evaluation, risk treatment, and risk monitoring.
Detailed explanation-2: -Types of Construction Risks These can be financial, contractual, operational, and environmental and can be caused by both internal and external sources.
There is 1 question to complete.