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  • Exam Code: P3
  • Exam Name: Risk Management
  • Updated: Sep 12, 2026
  • Q & A: 287 Questions and Answers
  • PDF Price: $59.99
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  • Exam Code: P3
  • Exam Name: Risk Management
  • Updated: Sep 12, 2026
  • Q & A: 287 Questions and Answers
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  • Exam Code: P3
  • Exam Name: Risk Management
  • Updated: Sep 12, 2026
  • Q & A: 287 Questions and Answers
  • Software Price: $59.99
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CIMA P3 exam covers topics such as risk identification, assessment, and evaluation, risk response and control, risk communication and reporting, and risk management frameworks. Candidates are expected to demonstrate their ability to apply these concepts to real-world scenarios and make recommendations to senior management. P3 exam is suitable for professionals working in risk management roles or aspiring to work in these roles. It is also relevant for those working in finance, accounting, or business management, as risk management is essential to their roles. Passing the CIMA P3 exam can lead to career advancement opportunities and demonstrate a commitment to continuous professional development.

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CIMA P3: Risk Management is a professional qualification exam offered by the Chartered Institute of Management Accountants (CIMA). P3 exam is designed to test the candidate's ability to identify, assess and manage risks within an organization. P3 exam is essential for individuals aspiring to become certified management accountants, business analysts, or financial analysts.

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CIMA P3: Risk Management is particularly important for individuals who are involved in risk management in their organizations or who aspire to take up such roles. P3 exam equips candidates with the necessary skills and knowledge to identify and manage risks effectively, which is essential in ensuring the success of any business. By passing the CIMA P3 exam, candidates demonstrate their competence in risk management, which is a valuable asset for any organization.

CIMA P3 Exam Syllabus Topics:

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

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