Outcome Negligible Minor Significant Major Catastrophic Likelihood 15% 35% 27% 18% 5% Impact on Schedule No delays 6 days delay 15 days delay 25 days delay 65 days delay

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
Section: Chapter Questions
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You are the construction manager for a construction project and need to determine the expected
outcome of an event, so you can manage it in the Risk Register. The City is planning a summer festival
that could potential impact the project schedule. Based on past experience, staff has conducted an
evaluation and provided you with the following statistics:
Event: Happy City Summer Festival
Outcome
Negligible
Minor
Significant
Major
Catastrophic
Likelihood
15%
35%
27%
18%
5%
The expected risk outcome will be
a.
65 days delay
b. 14 days delay
C. No delays
d. 13 days delay
Impact on Schedule
No delays
6 days delay
15 days delay
25 days delay
65 days delay
Transcribed Image Text:You are the construction manager for a construction project and need to determine the expected outcome of an event, so you can manage it in the Risk Register. The City is planning a summer festival that could potential impact the project schedule. Based on past experience, staff has conducted an evaluation and provided you with the following statistics: Event: Happy City Summer Festival Outcome Negligible Minor Significant Major Catastrophic Likelihood 15% 35% 27% 18% 5% The expected risk outcome will be a. 65 days delay b. 14 days delay C. No delays d. 13 days delay Impact on Schedule No delays 6 days delay 15 days delay 25 days delay 65 days delay
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