CIMA P3 - Risk Management
- Product Code: cimapro19-p03-1
- Exam Questions: 132
- Vendor: cima
$9.99
$12.99- Updated At: Nov 14, 2024
CIMA P3 - Risk Management of vendor
The P3 exam is designed to test the knowledge, skills, and competencies of Professional Management (PM) students in the area of Risk Management.
Focus
The CIMA P3 - Risk Management certification focuses on Vendor risk management
Exam Duration
The CIMA P3 - Risk Management exam duration is 3 hours
Num of Question
The exam contains a total of 100
Exam Fee
The exam fee is Dependent on location.
Exam Validity
The CCRN-Pediatric certification is valid for Lifelong.
Prior Certification
- CIMA Certificate in Business Accounting (CertBA) or Advanced Diploma in Management Accounting (ADMA)
Exam Format
The CIMA P3 - Risk Management exam is a Computer-based exam
Passing Conditions
To pass CIMA P3 - Risk Management exam, applicants must achieve a minimum score of
Who Should Take
Accounting and finance graduates or professionals who wish to specialize in management accounting and financial reporting.
- Financial Manager
- Management Accountant
- Financial Analyst
Prerequisites
3 years of relevant experience in accounting and finance within corporate and or the practice as a practicing accountant (see official certification by CIMA details)
Or can substitute with certifications:
- CIMA Advanced Diploma in Business Accounting (ADBA)
- CIMA Diploma in Management Accounting (DipMA)
Certification Process
- Register for the exam and check the eligibility criteria for the P3 level.
- Prepare and sit the P3 exam upon signing up for exam dates.
Domains with Weights
- Risk Assessment and Identification (20%): Identify, categorise, and assess risks for a business.
- Risk Measurement and Monitoring (20%): Measure and monitor risk exposures for a business, including stakeholder expectations.
- Risk Management and Mitigation (30%): Develop and implement strategies to manage and mitigate risks for a business.
- Operational Risk Management (30%): Develop, implement, and monitor operational risk management frameworks.
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