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Updated: Sep 11, 2026
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CIMA P3 (Risk Management) Certification Exam is an advanced-level exam that is typically taken by candidates who have already completed the CIMA Operational and Management level exams. It is a computer-based exam that lasts for three hours and consists of a range of question types, including multiple-choice questions, short answer questions, and longer written responses. P3 exam is designed to test candidates’ understanding of key risk management concepts and their ability to apply these concepts to real-world scenarios.
CIMA P3 Exam Overview:
| Certification Vendor: | CIMA (Chartered Institute of Management Accountants) |
|---|---|
| Exam Name: | Risk Management |
| Exam Number: | P3 |
| Certificate Validity Period: | Indefinite upon qualification completion (part of CGMA qualification structure) |
| Real Exam Qty: | 60 (Objective Test questions) |
| Exam Format: | Computer-based exam, Objective Test (multiple-choice questions) |
| Passing Score: | 100/150 (scaled score, approx. 50%) |
| Exam Duration: | 90 minutes |
| Related Certifications: | F3 Financial Strategy CIMA Strategic Level Qualification E3 Strategic Management |
| Available Languages: | English |
| 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 |
To be eligible for the CIMA P3 certification exam, individuals must have completed the CIMA Certificate in Business Accounting or hold a relevant degree from an accredited university. Additionally, individuals must have completed the CIMA Operational and Management level exams, as the P3 certification builds on the knowledge and skills gained from these exams.
CIMA P3 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Internal Control and Governance | - Corporate governance principles
|
| Risk Response and Mitigation | - Risk treatment strategies
|
| Risk Types and Assessment | - Strategic and operational risks
|
| Risk Management Frameworks | - Enterprise Risk Management (ERM)
|
| Information Systems and Fraud Risk | - IT risk and controls
|
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Frequently Asked Questions
What's the difference of the three versions of P3 study material?
Online test engine can supports Windows / Mac / Android / iOS, etc., because it is the software based on WEB browser. You can use it on any electronic device and practice with self-paced.
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