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

Which of the following risks should be given highest priority?
A) Risks which have a high impact and which may arise occasionally and C) Risks which have a high impact and have a low likelihood of arising and D) Risks which have a low impact and a low likelihood of arising
B) Risks which have a low impact but which arise frequently

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?

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Suggested Answer: A, C, D

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

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Emmanuel
8 months ago
Surprised that D is even an option, who cares about low impact and low likelihood?
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Laurena
8 months ago
Wait, why would we prioritize C? Low likelihood means less concern, right?
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Agustin
8 months ago
B seems important too, frequent low impact risks can add up.
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Lauran
8 months ago
Totally agree with A, can't ignore those occasional big risks.
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Inocencia
9 months ago
I think A should be the priority. High impact matters!
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Wilbert
9 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
9 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
9 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
9 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
9 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
9 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
9 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
10 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
10 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
10 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
1 year ago
D) Risks which have a low impact and a low likelihood of arising
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Karol
1 year ago
B) Risks which have a low impact but which arise frequently
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Mammie
1 year 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
1 year ago
C) Risks which have a high impact and have a low likelihood of arising
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Nadine
1 year 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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