CIMAPRA19-P03-1 Exam - Topic 4 Question 53 Discussion

Actual exam question for CIMA's CIMAPRA19-P03-1 exam

Question #: 53
Topic #: 4

[All CIMAPRA19-P03-1 Questions]

Which of the following risks should be given highest priority?

ARisks which have a high impact and which may arise occasionally

BRisks which have a low impact but which arise frequently

CRisks which have a high impact and have a low likelihood of arising

DRisks which have a low impact and a low likelihood of arising

Show Suggested Answer

Suggested Answer: A, C, D

by Bettye at Aug 23, 2024, 08:15 PM

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Emmanuel

6 months ago

Surprised that D is even an option, who cares about low impact and low likelihood?

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Laurena

6 months ago

Wait, why would we prioritize C? Low likelihood means less concern, right?

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Agustin

6 months ago

B seems important too, frequent low impact risks can add up.

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Lauran

7 months ago

Totally agree with A, can't ignore those occasional big risks.

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Inocencia

7 months ago

I think A should be the priority. High impact matters!

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Wilbert

7 months ago

D seems like it should be the lowest priority, but I’m not confident about the others. I guess it depends on the context of the risks.

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Golda

7 months ago

I’m a bit confused about C. High impact but low likelihood seems risky, but I wonder if it should be prioritized over A.

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Golda

8 months ago

I remember a practice question where we discussed frequency versus impact. I feel like B could be important too, but I lean towards A.

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Quentin

8 months ago

I think we should prioritize risks with high impact, so maybe A is the right choice? But I'm not entirely sure.

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Levi

8 months ago

I'm not totally confident about this, but I think the key is to prioritize the risks with the biggest potential consequences, even if they're less likely.

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Shanda

8 months ago

Hmm, I'm a bit unsure about this one. I need to think through the different risk scenarios and their implications carefully.

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Markus

8 months ago

This seems like a straightforward risk management question. I'll focus on the key factors of impact and likelihood to determine the highest priority.

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Clay

8 months ago

Okay, I've got this. High impact risks that may arise occasionally are the most critical, so I'll go with option A.

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Cora

8 months ago

I remember discussing how open-source licenses can actually encourage collaboration, but I'm not sure if they can ever be in the public domain.

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Yolando

8 months ago

This one seems pretty straightforward. I think the answer is Remote Server Administration Tools.

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Emile

1 year ago

Wait, there's a risk exam? I thought this was just a survey on how much we enjoy living on the edge. Guess I should have read the fine print.

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Tandra

1 year ago

D, all the way. Minimal risk, minimal effort. That's the lazy man's approach to risk management. Hey, it might work!

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Jacquelyne

11 months ago

D) Risks which have a low impact and a low likelihood of arising

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Karol

12 months ago

B) Risks which have a low impact but which arise frequently

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Mammie

12 months ago

A) Risks which have a high impact and which may arise occasionally

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Stephaine

1 year ago

Definitely B. Why worry about the big stuff when the little things are always happening? That's where the real action is, am I right?

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Rosina

12 months ago

C) Risks which have a high impact and have a low likelihood of arising

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Nadine

12 months ago

B) Risks which have a low impact but which arise frequently

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Norah

1 year ago

A) Risks which have a high impact and which may arise occasionally

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Graham

1 year ago

Hmm, I'm torn between A and C. But I think I'll go with A. Those occasional high-impact risks can really mess you up if you're not proactive.

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Marlon

1 year ago

User 2: Yeah, it's better to be prepared for them even if they don't happen often.

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Willard

1 year ago

User 1: I agree, those high-impact risks can really cause some serious damage.

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Paz

1 year ago

Option C, of course! High-impact risks are the ones that keep me up at night, even if they're unlikely. Gotta be prepared for the big ones!

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Maynard

1 year ago

I'm with you on that. It's all about balancing the different types of risks and making sure we're ready for anything.

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Raylene

1 year ago

I see your point, but I still think option D shouldn't be ignored. Even if they're unlikely, low-impact risks can still add up over time.

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Long

1 year ago

I think option A is important too. Even if they don't happen often, high-impact risks can really shake things up.

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Danica

1 year ago

I agree, option C is definitely the one to focus on. It's better to be prepared for the worst-case scenarios.

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Lucy

1 year ago

I think risks with high impact and occasional occurrence should be the focus, as they can have the most severe consequences.

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Effie

1 year ago

I disagree, I believe risks with low impact but high frequency should be the top priority.

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Kati

1 year ago

I think risks with high impact and low likelihood should be given highest priority.

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