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Updated: Sep 11, 2026

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Learning Concepts of CIMA P3: Risk Management Exam

The CIMA P3 Risk Management Exam is a test that will allow you to analyze all risks involved in the company. The professionals who are responsible for this management don't only focus on financial risks, but they also pay attention to operational risk, information technology risks, and legal risks. On the exam, there are 6 questions related to this subject. There are 3 different exercises that are designed to reveal whether you have a basic or advanced knowledge of this subject. CIMA P3 Dumps will help you to take the certification exam and get your CIMA P3: Risk Management Certification.

CIMA P3 Exam Overview:

Certification Vendor:The Chartered Institute of Management Accountants (CIMA)
Exam Name:Risk Management
Exam Number:P3
Related Certifications:CIMA E3 Strategic Management
CIMA F3 Financial Strategy
CIMA Strategic Case Study (SCS)
Exam Format:Number entry, Multiple choice, Computer-based Objective Test, Drag and drop, Multiple response
Exam Duration:90 minutes
Real Exam Qty:60
Available Languages:English
Passing Score:100 scaled score (approx. ~67%)
Exam Price:Exam entry fees vary by region and membership status (e.g., ~$331 via AICPA & CIMA pricing)
Sample Questions:CIMA P3 Sample Questions
Exam Way:On-demand computer-based testing at Pearson VUE test centres worldwide or online (subject to CIMA arrangements).
Pre Condition:Completion of CIMA Management level (E2, P2, F2 and Management Case Study) or relevant exemptions required before registering for Strategic level exams.
Official Syllabus URL:https://www.cimaglobal.com/Studying/Qualifications/CIMA-Professional-Qualification/Strategic-Objective-Tests-P3/

Introduction to CIMA P3: Risk Management Exam

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CIMA P3 Exam Syllabus Topics:

SectionWeightObjectives
Strategic Risk25%- Risks in strategy formulation
- Reputational and governance risk
- Role of board and audit committees
Cyber Risk25%- Cybersecurity threat types
- Cyber risk reporting frameworks
- Data protection and controls (ISO27001, NIST)
Internal Controls25%- Internal audit and compliance
- COSO Internal Control Framework
- Designing and recommending controls
Enterprise Risk25%- Risk registers and assurance mapping
- Sources and types of risk
- ERM frameworks (e.g., COSO, ISO 31000)
- Risk exposure, appetite and capacity

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