Free CIMAPRO19-P03-1 Exam Braindumps
P3 Risk Management Questions 81–85 (page: 18)

DRAG DROP
As part of risk assessment exercise for a low-cost airline you are requested to match the risks listed below with the most approriate method of minimising or dealing with each risk.

A patient has been prescribed a new medicine by their physician. The medicine is accompanied by a leaflet describing potential adverse effects associated with taking it. Most of these potentially adverse effects are trivial, but the leaflet states that three patients in every 10,000 who take the medicine suffer a severe reaction requiring urgent medical attention.
Which of the following statements is true?

ERT is choosing between two maintenance policies for its vehicles. The outcomes of these policies are difficult to predict and so ERT has run a simu-lation of both. Policy 1 has an expected annual cost of $400,000 per year, with a standard deviation of $80,000. Policy 2 has an expected value of $350,000, with a standard deviation of $150,000.
Which of the following statements are correct?

H is a farmer. An outbreak of a contagious animal disease has just been detected near the region where the farm is located. This could potentially lead to substantial financial losses for H. In these circumstances, which of the following responses by H is the most appropriate?

DRAG DROP
Y plc, a pharmaceutical company, has dealt with a number of risks in the manner indicated below. Use the TARA framework to classify each of Y plc's responses.