Updated: Aug 02, 2026
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| Certification Vendor: | CIMA (Chartered Institute of Management Accountants) |
| Exam Name: | Risk Management |
| Exam Number: | P3 |
| Exam Format: | Computer-based Objective Test, Multiple-choice, Multiple-response, Number entry, Drag-and-drop |
| Passing Score: | 100 (scaled score out of 150) |
| Certificate Validity Period: | 3 years |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Real Exam Qty: | 60 |
| Related Certifications: | E3 Strategic Management F3 Financial Strategy Strategic Level Case Study |
| Exam Price: | Approx £195 / $260 USD (varies by region) |
| Recommended Training: | CGMA Study Hub CIMA Official Study Materials |
| Exam Registration: | Pearson VUE Booking CIMA Official Registration |
| Sample Questions: | CIMA P3 Sample Questions |
| Exam Way: | Computer-based, taken at Pearson VUE authorized test centers or online proctored |
| Pre Condition: | Must complete Operational Level and Management Level exams; or hold relevant exemptions |
| Official Syllabus URL: | https://www.cimaglobal.com/Studying/Our-exams-and-assessments/Strategic-level/P3-Risk-Management/ |
The cost of the CIMA P3: Risk Management Exam is 300 US Dollars.
| Section | Weight | Objectives |
|---|---|---|
| D. Cyber Risk | 20% | - Cyber risk reporting and assurance - Cybersecurity frameworks and controls - Cyber threats and vulnerabilities - Managing and mitigating cyber risk |
| C. Internal Controls | 25% | - Control effectiveness and monitoring - Roles of internal audit and risk functions - Internal control reporting - Design and implementation of control systems |
| B. Strategic Risk | 30% | - Impact of strategy on risk profile - Reputational and compliance risks - Strategic risk identification - Risk oversight and governance |
| A. Enterprise Risk | 25% | - Sources and types of risk - Enterprise Risk Management (ERM) principles - Risk assessment and evaluation frameworks - Risk management strategies and responses |
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