(Circle one) 1 Some projects can be risk free. True False 2 In terms of risk assessment, changes in laws and regulations are likely to occur during the project timeline. True False 3 The surest way to deal with a risk is to avoid it completely. True False 4 True False 5 True False True False Companies with high accident rates pay the same cost of worker's compensation as those with low accident rates. Reduction in labor productivity will have a moderate impact to the project schedule. A hierarchy of activities is determined when creating a Work Breakdown Structure. The duration of an activity within a project schedule depends on the productivity of the labor crew. The three basic types of construction resources cannot be translated into a monetary quantities. It is typically desirable to evenly distribute resources throughout the project schedule. 7 True False 8 True False 9 True False 10 Linear scheduling shows the repetitive nature of construction projects. True False 11 Linear scheduling could be used for laying pipelines. True False 12 True False In a linear schedule, duration is determined by the slope of the line of each activity. Critical Path Method is the predominant method used for scheduling building projects. 13 True False