Question: You are managing a construction project when a critical piece of equipment fails, causing delays. What is the first step in addressing this risk as

You are managing a construction project when a critical piece of equipment fails, causing delays. What is the first step in addressing this risk as a construction manager? Group of answer choices Perform a root cause analysis Communicate with stakeholders Update the project management plan Reassess the project risk register

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 General Management Questions!

You are managing a construction project when a critical piece of equipment fails, causing delays. What is the first step in addressing this risk as a construction manager? Group of answer choices...

1. While performing project work, a team member notices that there is a potential new risk, which could impact the projects critical path. What should the team member do immediately? A. Recommend the...

Risk Register Workbook Instructions This template is to be used for identifying risks and creating plans for how to avoid them (negative risks) or how to m managing them throughout the project. The...

Describe one specific section which surprised you. Explain the concept that was surprising and explain why I Self-Management Copyright 2007. Arnacorn. All rights reserved. Selfmanagement happens when...

Objective: This assignment will involve the use of corporate annual reports, analysis of the relevant information provided within the reports, compare and contrast the information with the...

Chapter 2 - Planning Project Communication IN THIS CHAPTER Struggling with Proper Project Communication Planning Preventing Common Communication Problems Creating a Project Communication Plan...

pLEASE po pa help! Reflection po about dto sa mga Framework for Project Management 4. Framework for Project Management Many different professions contribute to the theory and practice of project...

Sage Hill Inc. owns 25% of the common shares of Sheffield Corp. The other 75% of the shares are owned by the Sheffield family. Sage Hill acquired the shares eight years ago through a financing...

White River Company has a defined benefit pension plan in which the fair value of plan assets (FVPA) exceeds the present value of defined benefit obligations (PVDBO). The following information is...

Follow Steps (i) (iii) to make a clinometer. (i) Photocopy the protractor in Fig 11.7 and paste it on a piece of cardboard. (ii) Make a hole in the cardboard, close to the corner of the protractor....

As a technician in a large pharmaceutical research firm, you need to produce 150. mL of 1.00 mol L potassium phosphate buffer solution of pH = 7.09. The pKa of H2PO4 is 7.21. You have the following...

75. The voltage source V, in Fig. 10.78 is chosen such that Ic =1/0 A. (a) Draw a phasor diagram showing V1, V2, V, and Vg. (b) Use the diagram to deter- mine the ratio of V2 to V1. + V, 5+ -j4 0...

Instructions Find real number x, y such that x+1+i(y-3)/5+3i= 1+i.

(): 1-i 6. Let z = Calculate z66 + 2z33 2. 1+i

Question 5 The venture approach to product development offers the highest degree of project focus while drawing functional skills from within and without the firm True False Question 6 Nodes, links,...

The tools are structured and for improving the individuals communication skills.

Always show respect for the other person or persons.

Self-awareness is linked to the businesss results.