CIMAPRA19-E02-1 Exam - Topic 3 Question 85 Discussion

Actual exam question for CIMA's CIMAPRA19-E02-1 exam

Question #: 85
Topic #: 3

As part of a project to refurbish a large hotel chain, the wiring of the computer network was subcontracted to a specialist IT organisation. In relation to managing risk in the project this approach can be referred to as:

AReduce

BAvoid

CTransfer

DAccept

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Suggested Answer: A, B, C

by Jacqueline at Apr 23, 2024, 10:25 AM

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Alexia

6 months ago

Classic move in project management, love it!

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Lisandra

6 months ago

Wait, are we sure this is the best way to handle it?

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Desirae

6 months ago

Not sure, could it also be seen as avoiding risk?

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Norah

7 months ago

I agree, outsourcing shifts the responsibility.

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Jackie

7 months ago

This is definitely a transfer of risk!

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King

7 months ago

I keep mixing up the terms, but I think "accept" is when you just deal with the risk yourself, right?

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Malcom

7 months ago

This sounds similar to a practice question we did on risk management strategies. I feel like "transfer" fits best here.

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Candida

8 months ago

I'm not entirely sure, but I remember something about risk transfer being when you hand off responsibility to another party.

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Sang

8 months ago

I think this might be about transferring risk since the hotel chain is outsourcing the wiring to a specialist.

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Angelyn

8 months ago

I'm pretty confident this is a transfer of risk. By subcontracting the wiring work, the hotel chain is passing that risk on to the specialist IT organization. That seems like the best answer here.

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Fidelia

8 months ago

I'm a bit confused on this one. Is subcontracting the same as reducing the risk? Or is it more about transferring the risk to someone else? I'll have to think it through step-by-step.

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William

8 months ago

Okay, I've got this. Subcontracting the wiring work to a specialist IT organization is a way to transfer the risk to another party. That's the correct answer here.

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Quentin

8 months ago

Hmm, I'm a bit unsure about this one. Transferring the wiring work to a specialist IT organization - is that considered reducing, avoiding, transferring, or accepting the risk? I'll have to re-read the question carefully.

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Ilona

8 months ago

This seems like a straightforward risk management question. I'll think through the different options and see which one best fits the scenario.

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Margo

8 months ago

This looks like a classic API architecture question. I think the key is to understand the different tiers and where the security and formatting requirements should be enforced.

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Floyd

8 months ago

I'm a bit confused on the fast reroute capability here. I'll need to review that concept to determine if it's relevant.

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Lawrence

1 year ago

Transferring the risk to the IT specialists is the way to go. Although, I heard their idea of 'refurbishing' involves rewiring the entire hotel with duct tape and paperclips.

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Paz

1 year ago

Transfer, definitely. Outsourcing the network work is a great way to manage the risk. Though I did hear the IT company likes to 'electrify' their projects - yikes!

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