Question: what is the correct answer ? A construction professional is working on a large complex project to build a first of its kind technology. The

what is the correct answer ?

\"A construction professional is working on a large complex project to build a first of its kind technology. The project is progressing toward detailed design and is required to go through a phase gate that must include a detailed risk register. The construction professional has identified a number of risks that may require contingency What should te construction professional do?" ) A) Quantify the likelihood and probability of the cost and schedule impacts of the risks that require contingency B)Hosta facilitated workshop with subject matter experts (SMEs) to generate a list of potential risks and document them in a risk register. ) C)Use the Delphi technique to estimate the future demand for the project. D) Runa Monte Carlo simulation to establish the contingency for the next phase of the project

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!