CIMAPRA19-E02-1 Exam - Topic 7 Question 1 Discussion

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

Question #: 1
Topic #: 7

A project teamisengaged in a risk assessment process prior to the execution of a major project. One risk is assessed to be of low impact but medium likelihood (probability). In these circumstances the appropriate response is:

AAccept the risk, but monitor closely

BNegotiate the transfer of the risk to a third party

CAccept (tolerate) the risk without further action

DTake immediate steps to terminate the risk

Show Suggested Answer

Suggested Answer: A

by Rozella at May 07, 2022, 07:17 AM

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Renea

4 months ago

I’d go with C, sometimes you just have to accept it.

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Cathern

4 months ago

B seems better, why not transfer it?

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Cordell

4 months ago

Really? Medium likelihood sounds risky to me.

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Claudia

4 months ago

Totally agree, monitoring is key!

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Pearly

5 months ago

I think it's A, just keep an eye on it.

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Jillian

5 months ago

This seems like a straightforward question about scaling engineering operations. I'll focus on the key factors mentioned in the choices and think about which one is the most important for addressing scalability.

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Alberto

5 months ago

I feel pretty confident on this one. The recommended actions are defining the scale and sensitivity, setting targets, and establishing weights for the criteria. Selecting the criteria itself is not a recommended action, so I'll go with A as the answer.

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