Which of the following is NOT an external factor when assessing project risk?

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Multiple Choice

Which of the following is NOT an external factor when assessing project risk?

Explanation:
When assessing project risk, distinguish between factors from outside the project team (external) and those from within the organization or the project management system (internal). External factors come from outside the project’s own management structure, such as regulatory requirements, weather conditions, and the performance or reliability of subcontractors and suppliers. The option describing Process refers to how work is planned, coordinated, and controlled inside the project team, which makes it an internal factor. Therefore, this item is not an external factor. A practical example: even with favorable regulations and weather, a flawed internal process like poor change control can drive schedule delays and cost overruns.

When assessing project risk, distinguish between factors from outside the project team (external) and those from within the organization or the project management system (internal). External factors come from outside the project’s own management structure, such as regulatory requirements, weather conditions, and the performance or reliability of subcontractors and suppliers. The option describing Process refers to how work is planned, coordinated, and controlled inside the project team, which makes it an internal factor. Therefore, this item is not an external factor. A practical example: even with favorable regulations and weather, a flawed internal process like poor change control can drive schedule delays and cost overruns.

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