P3: Risk Management
250 questionsP3 covers the identification, assessment, and management of risk at a strategic level. You will study enterprise risk management frameworks, strategic and cyber risk, internal control systems, and risk management processes and tools. This is the Performance pillar subject at Strategic level, examined through a 90-minute objective test.
Topics
- Risk Management Process and Tools
- Enterprise Risk
- Strategic Risk
- Cyber Risk
- Internal Controls
Frequently Asked Questions
What topics are covered in CIMA P3?
P3 covers five areas: the risk management process and tools, enterprise risk management (ERM), strategic risk including reputational and political risk, cyber risk and data security, and internal controls including audit and assurance.
How is the P3 exam structured?
P3 is a 90-minute computer-based objective test containing 60 questions. Question types include multiple choice, multiple response, drag and drop, and number entry. It is available on demand at Pearson VUE test centres.
What is the pass mark for P3?
You need to score at least 70% to pass the P3 objective test. Results are available immediately after completing the exam.
Does P3 cover cyber security?
Yes — cyber risk is a dedicated topic within P3 covering threats, vulnerabilities, data protection, business continuity, and the role of management accountants in managing cyber risk. This reflects the growing importance of digital risk in modern organisations.