Free CRIS Construction Risk Identification & Assessment Questions and Answers

Question 1

What is the first step in construction risk identification?

Accepted Answer

Identifying potential hazards

Answer

Assessing project budget.

Answer

Hiring contractors.

Answer

Approving timelines.

Question 2

Why is risk assessment important in construction projects?

Accepted Answer

To prioritize risks

Answer

To reduce paperwork.

Answer

To delay the project.

Answer

To increase costs unnecessarily.

Question 3

What tools are commonly used for risk identification in construction?

Accepted Answer

Checklists & brainstorming

Answer

Marketing software.

Answer

Payroll systems.

Answer

Invoice processing.

Question 4

How can risk severity be classified?

Accepted Answer

Based on impact on cost, schedule, safety

Answer

Ignoring the risks.

Answer

By number of workers.

Answer

By project size only.

Question 5

What is the purpose of a risk register?

Accepted Answer

Document risks & mitigation

Answer

To track expenses.

Answer

Schedule tasks.

Answer

Manage contracts.

Question 6

Why is stakeholder involvement important in risk identification?

Accepted Answer

To improve risk identification

Answer

To delay decisions.

Answer

To avoid accountability.

Answer

To increase costs.

Question 7

How often should risk identification be performed?

Accepted Answer

Continuously

Answer

Once at project start.

Answer

Only at project end.

Answer

Only when problems arise.

Question 8

What is risk probability?

Accepted Answer

Likelihood of occurrence

Answer

The impact of a risk.

Answer

A project deadline.

Answer

A team member's role.

Question 9

Why is early risk identification critical?

Accepted Answer

Allows timely mitigation

Answer

To delay mitigation.

Answer

To increase project costs.

Answer

To ignore problems.