CIMAPRA19-P03-1-ENG Exam Preparation Material | P3 Risk Management (Online)

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Prepare for the CIMAPRA19-P03-1-ENG P3 Risk Management (Online) exam with CertQueen's independently developed study resources. Review important concepts, practice scenario-based questions, and use clear explanations to identify areas that require further study.

Question#1

J plc is a wholesale building supply business. It has a large warehouse where some
of its materials are stored. Last month three accidents occurred where employees were slightly injured whilst moving items from the 5th shelf. The 5th shelf is located 15 metres up from the ground.
This is a health and safety risk and could also be a reputation risk in the longer term.
Which of the following risk mitigations should the company employ?

A. Transfer by insuring against this risk.
B. Reduce by storing some items on the first three shelves and storing other items outside.
C. Accept by just accepting this is a risk the company has to take and some employees may get injured.
D. Avoid by sending the employees on a training course on Health and Safety.

Question#2

DRAG DROP
Select the most appropriate level of responsibility for managing each of the following risks.


A. 

Question#3

GUJ A small but rapidly expanding company has recently opened several branches in locations far away from the Head Office. All of the branches are relatively small with no one branch accounting for more than 5% of turnover. Management has decided that the company is not yet large enough to install an Internal Audit function but is, nonetheless, concerned about maintaining adequate control and monitoring at the branches whilst allowing Branch Managers the opportunity to react to local circumstances as appropriate.
Which of the following measures would assist Head Office management in maintaining
appropriate monitoring and control at the branches?

A. Restricting the autonomy of individual Branch Managers to purely routine matters and instructing them to refer everything else to Head Office.
B. Dealing with all Human Resource, recruitment, and similar issues directly from Head Office.
C. Arranging visits by senior management to each branch periodically.
D. Instituting the use of a formalised budgetary control system at head office for all branches.
E. Establishing an open communication policy for employees at branches to allow them to contact Head Office on any matter that concerns them.

Question#4

A large, publicly funded university is considering introducing a new information system in order to enhance its ability to store and retrieve academic records for past and current students, including the registration and deregistration of students.
In conducting an evaluation of the system, which THREE features would the management of the college be most likely to consider as essential prerequisites to implementation?

A. The system has the capacity to deal with all existing records and all new records to be created in the foreseeable future.
B. The system is capable of being run in parallel with the current system so as to have the opportunity to examine and overcome any unforeseen difficulties that might arise.
C. The system has been demonstrated to operate with a degree of accuracy at least as good as the existing system and as good as that used by similar universities.
D. The system can link seamlessly with the system used by the university for processing financial transactions and producing financial statements.
E. All information on the system can be accessed easily from outside the university through the internet.

Question#5

DRAG DROP
H sells machinery and also associated services, such as advice and repairs. H's industry is going through considerable transformation.
Classify each of the examples of information available to H's management as strategic, operational or of having little value.


A. 

Exam Code: CIMAPRA19-P03-1-ENG
Q & A: 247 Q&As         Updated:  Oct 17,2026

 

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What This CIMAPRA19-P03-1-ENG Study Resource Helps You Do

Review Key Concepts

Review the technologies, products, processes, and practical skills covered by the current CIMAPRA19-P03-1-ENG exam objectives.

Practice Scenario-Based Questions

Work through independently developed questions designed to strengthen your understanding of technical scenarios and decision-making.

Identify Knowledge Gaps

Use your results and the provided explanations to find weaker areas and focus your study more effectively.

How to Use This CIMAPRA19-P03-1-ENG Preparation Material

Review the Exam Scope

Start by reviewing the topics covered by the CIMAPRA19-P03-1-ENG exam. Compare them with the official exam objectives to understand the required technologies, operational tasks, and practical skills, then identify the areas that deserve the most attention.

Practice Independently

Complete a focused set of practice questions for each topic. On your first attempt, avoid referring to notes, answers, or other study resources so that you can evaluate your current understanding more accurately.

Study the Explanations

Review the answers and explanations after completing each practice session. Understand why the correct option is appropriate for the given scenario and why the other options may be incorrect or less suitable.

Close Knowledge Gaps

Keep track of incorrect answers, unfamiliar concepts, and weaker knowledge areas. Review these topics using official documentation and practical experience, then answer the related questions again to reinforce your understanding and monitor your progress.

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Exam Code: CIMAPRA19-P03-1-ENG
Q & A: 247 Q&As
Updated:  Oct 17,2026

 

 Access Complete CIMAPRA19-P03-1-ENG Preparation Material