No more plunging into piles of materials. The CIMA Risk Management practice set from TestsDumps is scientifically compiled and perfectly arranged — 287 practice questions, one complete source.
CIMA P3 Exam Overview:
| Certification Vendor: | CIMA (Chartered Institute of Management Accountants) |
|---|---|
| Exam Name: | Risk Management |
| Exam Number: | P3 |
| Available Languages: | English |
| Certificate Validity Period: | 3 years |
| Exam Duration: | 90 minutes |
| Passing Score: | 100 (scaled score out of 150) |
| Exam Price: | Approx £195 / $260 USD (varies by region) |
| Real Exam Qty: | 60 |
| Exam Format: | Multiple-response, Computer-based Objective Test, Number entry, Drag-and-drop, Multiple-choice |
| Related Certifications: | F3 Financial Strategy E3 Strategic Management Strategic Level Case Study |
| Recommended Training: | CGMA Study Hub CIMA Official Study Materials |
| Exam Registration: | Pearson VUE Booking CIMA Official Registration |
| 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/ |
CIMA P3 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: C. Internal Controls | 25% | - Roles of internal audit and risk functions - Design and implementation of control systems - Control effectiveness and monitoring - Internal control reporting |
| Topic 2: A. Enterprise Risk | 25% | - Risk assessment and evaluation frameworks - Sources and types of risk - Enterprise Risk Management (ERM) principles - Risk management strategies and responses |
| Topic 3: B. Strategic Risk | 30% | - Reputational and compliance risks - Strategic risk identification - Risk oversight and governance - Impact of strategy on risk profile |
| Topic 4: D. Cyber Risk | 20% | - Cyber threats and vulnerabilities - Managing and mitigating cyber risk - Cyber risk reporting and assurance - Cybersecurity frameworks and controls |
Before You Book the CIMA P3 Exam
Must complete Operational Level and Management Level exams; or hold relevant exemptions Vendor eligibility rules do evolve, so double-check on the official page (official P3 exam page) before you pay the fee.
Yes:
Official courses and our practice set complement each other: learn the theory there, then pressure-test it with the 287 practice questions for the CIMA Risk Management.
Files first: as an online product, the CIMA Risk Management material is obtainable immediately after ordering — an automatic email lands in your mailbox within a minute, with unlimited installations and 24/7 help if nothing shows up within 2 hours. Failure is covered too: take the corresponding P3 exam within 60 days of purchase, and if you don't pass, submit a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam for a full refund processed within 7 days. Exclusions apply — exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products. A free exchange for two equal-value products is the alternative.
Plan on Approx £195 / $260 USD (varies by region) per attempt and 100 (scaled score out of 150) as the pass mark. Since every retake bills again, rehearse with the 287 practice questions from TestsDumps first — accurate preparation is cheaper than a second registration.
The CIMA Risk Management blueprint covers 4 domains — including C. Internal Controls (25%), D. Cyber Risk (20%), A. Enterprise Risk (25%). Treat the weightings as your study budget: heavy domains get heavy hours. The complete outline above lists every subtopic.
90 minutes, 60 questions. Build pace by practicing in short bursts on the TestsDumps APP, then graduate to full timed simulations in the software engine before test day.
Yes — although online products can't be touched, we offer free demos before you really choose. Download the CIMA Risk Management trial, judge the question quality yourself, and remember every purchase includes 365 days of free updates (renewable at half price after that).
The CIMA Risk Management is CIMA's exam for the CGMA Strategic Level certification, at the Strategic / Professional level — formal proof of professional ability that employers can verify. Related credentials include E3 Strategic Management, F3 Financial Strategy, Strategic Level Case Study.
Use the vendor's official registration channels:
The CIMA Risk Management is delivered Computer-based, taken at Pearson VUE authorized test centers or online proctored, so select the option that fits you when booking.
CIMA Risk Management Sample Questions:
G plc has decided to move its production plant to overseas Country A.
This would make the product cheaper to produce. The technology used to make the product is very advanced and some of the staff would have to move to Country A.
The Production Director has identified that there are some political risks in moving to Country A.
Match the methods of reducing the political risks associated with the move to Country A with the corresponding risks.
Correct Answer:
Rio owns an architects business which employs 12 skilled architects and four administrative staff.
The Office Manager has just attended a workshop on internal controls and the way in which they can improve organisations. He intends to implement some internal controls as soon as possible.
What are the limitations of an internal control system in Rio's business?
- A. Internal controls will usually mean hiring more staff.
- B. Internal controls may slow down the speed with which the architects can respond to enquiries.
- C. Internal controls are only suitable for large businesses.
- D. If Rio does not support the internal control system then the controls may not be adhered to.
- E. Employees could ignore the internal controls.
Correct Answer: B,D,E 🗳️
K has several subsidiary companies. The directors of K's subsidiaries are paid an annual bonus based upon their particular subsidiary's reported profits.
The directors of one of K's subsidiaries are considering the choice between two models of a machine.
Which of the following is most likely to explain the decision to choose model X over model Y?
- A. Investing in model X will lead to a higher share price.
- B. Model X is the less risky investment.
- C. Investing in model X will mean the subsidiary will show a higher profit.
- D. Model X has a better combination of investment and running costs.
Correct Answer: C 🗳️
The Chief Executive Officer (CEO) of a quoted company has visited the company's Information Technology (IT) Centre in order to meet with the Head of IT. The CEO was concerned to discover that the door to the IT Centre was unlocked, even though the receptionist was not at their desk.
Which THREE of the following are correct?
- A. The CEO should accept that this may have been an isolated incident
- B. The CEO should leave IT security to the Head of IT.
- C. The CEO should have locked the door and taken no further action
- D. The CEO should inform the Head of IT of the security breach.
- E. The CEO should initiate disciplinary action against the receptionist
- F. The CEO should notify the Head of Internal Audit of the breach.
Correct Answer: D,E,F 🗳️
A patient has been prescribed a new medicine by their physician. The medicine is accompanied by a leaflet describing potential adverse effects associated with taking it. Most of these potentially adverse effects are trivial, but the leaflet states that three patients in every 10,000 who take the medicine suffer a severe reaction requiring urgent medical attention.
Which of the following statements is true?
- A. Statistical probabilities mean very little in themselves when dealing with decisions that could have serious consequences, such as whether to take this medicine.
- B. Statistically, the medicine is safe.
- C. The patient should not be concerned because only those few patients who are susceptible to this reaction are at risk.
- D. The patient should ignore the risk because there is only a 0.03% risk of a severe adverse reaction.
Correct Answer: A 🗳️
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