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Updated: Oct 23, 2026

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Cost of the CIMA P3: Risk Management Exam

The cost of the CIMA P3: Risk Management Exam is 300 US Dollars.

For more information visit

CIMA Official Website

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Format of the CIMA P3: Risk Management Exam

  • Language: English
  • Passing score: 70 percent
  • Length of Examination: 90 minutes
  • Format: Numerous choices, multiple responses
  • Number of questions: 60

CIMA P3 Exam Overview:

Certification Vendor:CIMA (Chartered Institute of Management Accountants)
Exam Name:Risk Management
Exam Number:P3
Exam Format:Computer-based exam, Objective Test (multiple-choice questions)
Related Certifications:CIMA Strategic Level Qualification
E3 Strategic Management
F3 Financial Strategy
Real Exam Qty:60 (Objective Test questions)
Exam Duration:90 minutes
Available Languages:English
Passing Score:100/150 (scaled score, approx. 50%)
Certificate Validity Period:Indefinite upon qualification completion (part of CGMA qualification structure)
Recommended Training:CGMA Study Hub
CIMA Official Learning Resources
Exam Registration:Pearson VUE Scheduling Portal
CIMA Official Exams Registration
Sample Questions:CIMA P3 Sample Questions
Exam Way:Computer-based exam delivered via Pearson VUE test centers or remote proctoring (where available)
Pre Condition:Completion of CIMA Operational Level (E1, P1, F1) and Management Level (E2, P2, F2) or equivalent progression requirements in CGMA qualification
Official Syllabus URL:https://www.aicpa-cima.com/cimaexams

CIMA P3 Exam Syllabus Topics:

SectionObjectives
Internal Control and Governance- Corporate governance principles
  • 1. Internal control systems
    • 2. Compliance and regulatory risk
      • 3. Board responsibilities in risk oversight
        Risk Response and Mitigation- Risk treatment strategies
        • 1. Controls and mitigation planning
          • 2. Risk avoidance, reduction, transfer, acceptance
            • 3. Business continuity planning
              Risk Types and Assessment- Strategic and operational risks
              • 1. Market and credit risk basics
                • 2. Operational risk analysis
                  • 3. Financial risk exposure
                    Risk Management Frameworks- Enterprise Risk Management (ERM)
                    • 1. ERM frameworks and models
                      • 2. Risk identification and classification
                        • 3. Risk appetite and tolerance
                          Information Systems and Fraud Risk- IT risk and controls
                          • 1. Cybersecurity risk fundamentals
                            • 2. Fraud risk identification and prevention
                              • 3. Data integrity and system controls

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