1. Question 1 The 3 step Risk Mitigation Process proceeds as follows: 1 / 1 point Identify Known Risks; Set Contingency Budget; Purchase Insurance Identify Common Causes; Identify Special Causes; Allow…
4. Question 4 Project Financing is offered in order to: 1 / 1 point Deliver a Return On Investment (ROI) Achieve the Owner’s Value Proposition Reduce Muda, Mura and Muri…
8. Question 8 All project delivery is risky because: 1 / 1 point There is waste in the delivery process Traditional forms of agreement encourage adversarial postures There are always…
5. Question 5 The Big Four Lean project delivery processes includes: 1 / 1 point Last Planner System + Target Value Design Set Based Design Choosing By Advantages All…
2. Question 2 Which of the following is a common cause of Risk: 1 / 1 point Scale Complexity Innovation All of the Above
8. Question 8 Which of the following is a property of the Market Risk Compensation Model? 1 / 1 point Credit and payback risk is low 5 – 10 % investment…
4. Question 4 Which of the following statements is correct? 1 / 1 point P3 applies on greenfield projects only P3 applies on brownfield projects only Government remains in firm…
3. Question 3 Which of the following kind of project P3 CANNOT be applied? 1 / 1 point Hospital Toll road Renewable energy plant Military facility
2. Question 2 Which of the following is NOT a property of P3? 1 / 1 point P3 is a non-traditional project delivery method P3 requires a bankable long-term repayment stream…
10. Question 10 Which of the following is NOT a success factor of P3? 1 / 1 point Partnership mindset Strong governmental support Federal fund support Support of populace
