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CIMA P3 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| A. Enterprise Risk | 25% | - Risk management strategies and responses - Enterprise Risk Management (ERM) principles - Sources and types of risk - Risk assessment and evaluation frameworks |
| D. Cyber Risk | 20% | - Cybersecurity frameworks and controls - Managing and mitigating cyber risk - Cyber threats and vulnerabilities - Cyber risk reporting and assurance |
| B. Strategic Risk | 30% | - Reputational and compliance risks - Strategic risk identification - Risk oversight and governance - Impact of strategy on risk profile |
| C. Internal Controls | 25% | - Roles of internal audit and risk functions - Internal control reporting - Control effectiveness and monitoring - Design and implementation of control systems |
CIMA Risk Management Exam FAQ — Direct Answers
Must complete Operational Level and Management Level exams; or hold relevant exemptions Eligibility rules do change, so confirm the current requirements on the official page (official P3 exam page) before booking.
90 minutes for 60 questions. Efficiency beats exhaustion: the Prep4SureReview software version simulates the real test scene and scores your performance, so every practice hour moves you forward.
Yes:
Training gives knowledge direction; practice gives it proof. Follow courses with the 287 practice questions for the CIMA Risk Management to measure real progress.
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Approx £195 / $260 USD (varies by region) per attempt, 100 (scaled score out of 150) to pass. Since a retake costs the full fee, prepare with direction: the 287 practice questions from Prep4SureReview focus your effort where the exam points are.
The CIMA Risk Management is CIMA's certification exam for CGMA Strategic Level, at the Strategic / Professional level. It validates applied skills employers hire for — a credential worth the effort. Related credentials include E3 Strategic Management, F3 Financial Strategy, Strategic Level Case Study.
The CIMA Risk Management blueprint covers 4 domains — including B. Strategic Risk (30%), D. Cyber Risk (20%), A. Enterprise Risk (25%). The weightings are your efficiency map: heavy domains first. Every subtopic appears in the outline above.
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The CIMA Risk Management is delivered Computer-based, taken at Pearson VUE authorized test centers or online proctored, so pick the arrangement that suits you when booking.
Yes — download the free CIMA Risk Management demo and judge the question quality before paying. Every purchase stays valid for 365 days with free updates throughout, renewable afterward at 50% off.
CIMA Risk Management Sample Questions:
P Ltd manufactures and sells electrical goods through retail outlets.
N is P Ltd's Sales Director. He has been recently promoted from a senior sales position with P Ltd. He has been forced to spend the first six months as Sales Director on dealing with an administrative mess left behind by the previous sales director.
You are a Senior Management Accountant at P Ltd. You have worked with N for many years.
N has worked hard and has made many changes that have brought significant benefit to the business.
N has asked you to postpone the recording of some purchase invoices so that he will meet his quarterly targets on profit margin.
What should you do?
- A. Write up the facts of the issue and put it on your files.
- B. Document the situation and present the facts to your manager.
- C. Do nothing, no rules have been broken, tell N that you cannot do as he asks and that he needs to abide by the professional codes.
- D. Collect all the facts, distance yourself from the situation but say nothing.
Correct Answer: C 🗳️
GHJ is a manufacturing company that insures against the financial costs associated with industrial injuries involving staff. The Health and Safety Office is part of GHJ's Operations Department. GHJ's insurers will automatically increase the insurance premium by 10% in the event of a claim against the policy.
Which TWO of the following are correct?
- A. The insurance cover means that management need only be concerned with the possibility of a 10% increase in the premium m the event of a serious accident.
- B. The automatic increase in the insurance premium is part of the financial risk associated with industrial injuries.
- C. The risk of an increase in the cost of injury insurance cover should be made the responsibility of the company's finance function
- D. The risk that a serious accident could impair the morale of uninjured staff is related to the financial risk associated with accidents.
- E. Linking the risks associated with industrial injuries will overcomplicate the management of those risks.
Correct Answer: B,C 🗳️
Which THREE of the following are key elements of cyber security risk governance?
- A. Ensure all employees have at least two cyber security objectives in their development plans.
- B. Ensure the organisation has defined structures for cyber security management
- C. Ensure the organisation has defined standards of conduct for IT use.
- D. Ensure all employees have their passwords changed every 30 days.
- E. Ensure all employees have anti-virus software on their equipment
- F. Ensure all employees are trained in IT use
Correct Answer: B,C,F 🗳️
M is updating the risk register for KRW, a listed company. KRW is a large multinational corporation operation. Which THREE of the following statements are correct?
- A. The register should include details of who is responsible for dealing with each risk.
- B. Monetary value of risks should be allocated if possible.
- C. The register should include all the risks to which KRW is exposed.
- D. Interdependencies between risks should be excluded.
- E. Probabilities of risks occurring should be included if possible
Correct Answer: A,C,E 🗳️
Y plc, a pharmaceutical company, has dealt with a number of risks in the manner indicated below.
Use the TARA framework to classify each of Y plc's responses.
Correct Answer:
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