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CIMA P3 (Risk Management) Certification Exam is designed to test the knowledge and skills of individuals who are interested in managing risk in their organizations. P3 exam is intended for professionals who want to enhance their understanding of risk management concepts, tools, and techniques. P3 exam covers a broad range of topics related to risk management, including risk identification, assessment, monitoring, and control. It also covers topics such as risk strategy, risk governance, and risk reporting.

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CIMA P3 Exam Syllabus Topics:

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