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CIMA P3

Everything you need for the Risk Management Exam

Welcome to Practice Tests Academy, your one-stop destination for all your CIMA P3 risk management exam preparation needs. Our website offers a wide range of study materials to enable you to pass the CIMA P3 exam with flying colours. Our P3 materials are designed by CIMA-endorsed experts who have in-depth knowledge and expertise in risk management, so that you can do your best and achieve exam success.

Our Official Partners

Our collaboration with Kaplan and BPP affirms that Practice Tests Academy is proudly recognised as a registered CIMA tuition provider.

AICPA_CIMA_Registered Tuition Provider

Prepare With Confidence With Our Proven Learning System

  • P3 Syllabus
  • Videos
  • Question bank
  • Mocks
  • Tutor Support
  • Revision Module & Assigned Tutor​
P3 syllabus

P3 syllabus

The CIMA P3 (Risk Management) is divided into four sections, with each section carrying an equal weightage of 20% in the exam. Section A focuses on the identification, classification, and evaluation of risk, while Section B deals with responses to strategic risk. Section C is about internal controls to manage risk, and Section D concentrates on managing risks associated with cash flows.
The syllabus also covers topics such as management control systems, risk and internal control, and more, with different weightage assigned to each topic. It is important to have a thorough understanding of the CIMA P3 syllabus in order to succeed in the exam.

Videos

P3 Master Course
P3 Ultimate Course

Get ready to revolutionise the way you learn with our interactive P3 video experience! Based on summary notes of Kaplan books, our videos allow you to master topics more effectively than ever before.
With visually engaging summary notes and downloadable PDFs, you can easily compile all the information you need and get the bigger picture without getting bogged down in the details.
Plus, our extra end-of-chapter questions and flashcards make it easy to test and evaluate yourself, ensuring that you truly understand the key takeaways.
Say goodbye to boring, ineffective learning methods and hello to P3 exam success!

Question Bank

Practice Kit
P3 Master Course
P3 Ultimate Course
Are you ready to ace your CIMA P3 exam? Our question bank, with over 600 expertly crafted questions, is here to help you achieve your goals. You can use our question bank to:
  • Practice questions chapter by chapter, tailored to your individual preferences
  • Select questions from any chapter to focus on your areas of weakness
  • Drill and filter questions you have missed or answered incorrectly
  • Revise with ease and confidence, and prepare for success in your mock exams.
Don’t let the P3 exam intimidate you – our practice kit with exam-style questions is the ultimate tool to help you master this paper.

Mocks

Mocks
Practice Kit
P3 Master Course
P3 Ultimate Course

Mock exams can help you test your knowledge, identify areas for improvement, and build confidence for the real exam. We’re taking care of setting up your mocks so you don’t have to! Apart from the question bank, our mocks are a valuable addition to the package so you can reinforce and identify areas of improvement for better understanding.

  • Access a specific number of mocks on the basis of your selected package
  • Get the opportunity to test and measure your knowledge by completing timed mocks and getting detailed feedback at the end of every mock
  • Experience real exam scenarios so you can build confidence and gear up

Tutor Support

All Packages

If you are studying for the CIMA P3 Risk Management exam and need some extra support, Practice Tests Academy offers access to expert tutors who can help with any study-related questions you may have. Our ask-a-tutor feature is just a click away, providing convenience and flexibility to your studies. This feature can be especially helpful when you are stuck on a specific concept and need some explanation. Don’t hesitate to utilise this tool to significantly improve your chances of passing the CIMA P3 exam.

Revision & Assigned Tutor

P3 Ultimate Course

Tailored Revision Module: Access 200+ chapter-specific questions with our intelligent platform. Select, sort, and focus your practice for maximum efficiency.

Visual Passcards: Grasp key P3 concepts with succinct, illustrated summaries – perfect for last-minute revisions.

Assigned Tutor Support: Benefit from a dedicated tutor’s guidance, with monthly progress check-ins to keep your studies on track.

Note: 1:1 lessons are in the pipeline, expected within 6-9 months as an add-on.

P3 syllabus

P3 syllabus

The CIMA P3 (Risk Management) is divided into four sections, with each section carrying an equal weightage of 20% in the exam. Section A focuses on the identification, classification, and evaluation of risk, while Section B deals with responses to strategic risk. Section C is about internal controls to manage risk, and Section D concentrates on managing risks associated with cash flows.
The syllabus also covers topics such as management control systems, risk and internal control, and more, with different weightage assigned to each topic. It is important to have a thorough understanding of the CIMA P3 syllabus in order to succeed in the exam.

Videos

P3 Master Course
P3 Ultimate Course

Get ready to revolutionise the way you learn with our interactive P3 video experience! Based on summary notes of Kaplan books, our videos allow you to master topics more effectively than ever before.
With visually engaging summary notes and downloadable PDFs, you can easily compile all the information you need and get the bigger picture without getting bogged down in the details.
Plus, our extra end-of-chapter questions and flashcards make it easy to test and evaluate yourself, ensuring that you truly understand the key takeaways.
Say goodbye to boring, ineffective learning methods and hello to P3 exam success!

Question Bank

Practice Kit
P3 Master Course
P3 Ultimate Course
Are you ready to ace your CIMA P3 exam? Our question bank, with over 600 expertly crafted questions, is here to help you achieve your goals. You can use our question bank to:
  • Practice questions chapter by chapter, tailored to your individual preferences
  • Select questions from any chapter to focus on your areas of weakness
  • Drill and filter questions you have missed or answered incorrectly
  • Revise with ease and confidence, and prepare for success in your mock exams.
Don’t let the P3 exam intimidate you – our practice kit with exam-style questions is the ultimate tool to help you master this paper.

Mocks

Mocks
Practice Kit
P3 Master Course
P3 Ultimate Course

Mock exams can help you test your knowledge, identify areas for improvement, and build confidence for the real exam. We’re taking care of setting up your mocks so you don’t have to! Apart from the question bank, our mocks are a valuable addition to the package so you can reinforce and identify areas of improvement for better understanding.

  • Access a specific number of mocks on the basis of your selected package
  • Get the opportunity to test and measure your knowledge by completing timed mocks and getting detailed feedback at the end of every mock
  • Experience real exam scenarios so you can build confidence and gear up

Tutor Support

All Packages

If you are studying for the CIMA P3 Risk Management exam and need some extra support, Practice Tests Academy offers access to expert tutors who can help with any study-related questions you may have. Our ask-a-tutor feature is just a click away, providing convenience and flexibility to your studies. This feature can be especially helpful when you are stuck on a specific concept and need some explanation. Don’t hesitate to utilise this tool to significantly improve your chances of passing the CIMA P3 exam.

Revision & Assigned Tutor

P3 Ultimate Course

Tailored Revision Module: Access 200+ chapter-specific questions with our intelligent platform. Select, sort, and focus your practice for maximum efficiency.

Visual Passcards: Grasp key P3 concepts with succinct, illustrated summaries – perfect for last-minute revisions.

Assigned Tutor Support: Benefit from a dedicated tutor’s guidance, with monthly progress check-ins to keep your studies on track.

Note: 1:1 lessons are in the pipeline, expected within 6-9 months as an add-on.

Best Interactive Practice Tests for CIMA Exams

  • Our P3 Packages
  • Kaplan And BPP Ebooks
  • Bundles

“Dominate CIMA P3 with Our Proven Prep Materials”

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CIMA P3

STUDY NOTES

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Strategic level

Mocks

Configure your own strategic level mocks' bundle and test your knowledge

from

£32.40

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Popular

Strategic level

Practice Kits

Design your own strategic level practice kit with unrivaled question bank

from

£123.75

What’s included

Strategic level

Courses

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Select your own strategic level course with all-in-one resources

from

£333.90

What’s included

Get a head start with our free CIMA P3 Package

Not quite sure if CIMA P3 is the right fit for you?

Don’t waste another moment feeling unsure and hesitant. With PTA’s free P3 package, you can get a firsthand look at what the product has to offer without any risk or obligation. Plus, with our competitive packages, you’ll receive a money-back guarantee and pass assurance, so you can feel confident in your investment.

Take advantage of this opportunity to try before you buy and give yourself the best chance of success on the P3 exam. Sign up for your free package now!

Our students always get the edge – Discover what they have to say about us!

Why is it important to opt for an ‘online’ CIMA course?

Students all over the world are letting go of the old traditional methods of preparing for competitive exams and are going for online courses. It is significant to keep up with the pace as preparation methods for professional certifications have diversified globally.

Our online CIMA course will provide students with greater flexibility, enabling them to study when and where they prefer. Moreover, online courses offer a more seamless and cost-effective way to learn, as well as provide access to a wealth of digital resources. Furthermore, the interactive environment of online learning provides students with the opportunity to engage tutors, as well as to practice their skills in a simulation of a real exam situation. Finally, CIMA online courses are designed to reflect the latest industry developments, giving students the chance to stay ahead of the curve.

Compare Our P3 Packages

Take a look at what products are in each of our P3 packages and compare them. Select the right package for your needs. You can always upgrade or purchase available add-ons later on if you need to.
Key Feature
Free
Mocks
Popular
Practice Kit
Courses
Number of mocks
<strong>Number of mocks</strong> <p style="text-align: left;">Our mock exams are created by our team of <strong>highly successful CIMA professionals</strong> and dedicated IT experts. Time and time again, our mock questions have proven to be almost identical to those in the <strong>real exam</strong>. Our exclusive mock packages include:</p> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">Five professional mock exams</strong>, designed in-house by our team of case study experts.</li> <li data-list="bullet" style="text-align: left;"><strong>Two bonus mocks</strong>, provided as a courtesy of BPP and Kaplan.</li> <li data-list="bullet" style="text-align: left;"><strong>Detailed answers</strong> in all mocks, giving students the full picture with clear explanations.</li> </ul> <p style="text-align: left;">We believe that solutions should be written in such a way that you are not banging your head against a brick wall trying to work out where you were going wrong. We lay everything out for you in clear detail.</p>
1 mini
1 or 3
1, 3 or 5
6 or 7
Question Bank (600 Q&A)
<strong>Question Bank (600 Q&A)</strong> <p style="text-align: left;">Practising exam-style questions is so crucial for your preparation. It really is a no-brainer for exam success! We have worked tirelessly behind the scenes to prepare a <strong>question bank</strong> with more than 600 questions, <strong>split by parts and by chapters</strong> too.</p> <p style="text-align: left;">The best part is - you can select exactly what areas you want to target for practice. It’s so simple!</p> <p style="text-align: left;">For example, if you want to practise 10 questions from chapter 1, go ahead, but you can narrow it down even further and select to practise questions that you previously unsuccessfully attempted.</p> <p style="text-align: left;">Yes, our redesigned tool can do all that!</p> <p style="text-align: left;">We can proudly state that we are the only provider with this functionality.</p> <p style="text-align: left;">It’s highly recommended to use it and it should save you loads of time!</p>
Chapter 1 Only
Chapter 1
Detailed analysis of your results (charts)
<strong>Detailed analysis of your results (charts)</strong> <p style="text-align: left;">We really are <strong>data-driven</strong> here at the Academy, and because of that, we've developed a whole new section of data which allows you to <strong>check your progress,</strong> either <strong>overall, or broken down into separate information pools</strong>. This section includes:</p> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">A pie chart showing you your overall progress within the question bank</li> <li data-list="bullet" style="text-align: left;">Few separate pie charts focusing on your progress within individual chapters</li> </ul>
Interactive Video lectures
<strong>Interactive Video lectures</strong> <p style="text-align: left;">The Complete P3 On-Demand Course gives you the best of both worlds, <strong>combining the structure of a tutor-led course with the flexibility</strong> to start studying at any time, from anywhere.</p> <p style="text-align: left;">Our video course gives you the chance to:</p> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">Study at your own pace with access to programme content at any time.</li> <li data-list="bullet" style="text-align: left;">Learn the theory by watching the video guides.</li> <li data-list="bullet" style="text-align: left;">Test yourself after watching each chapter video</li> </ul>
Chapter 1
Chapter 1
Chapter 1
6-10 end of chapter questions
<strong>6-10 end of chapter questions</strong> <p style="text-align: left;">We’ve mentioned this several times already, but it's so crucial to <strong>test your own progress as you go along</strong>.</p> <p style="text-align: left;">You don’t want to spend hours and hours studying and then find that you lack knowledge about something in the earlier chapters, so this is exactly why we've prepared an additional ten chapter questions for you to complete.</p> <p style="text-align: left;">You can assess your knowledge of the theory included in each chapter's video.</p> <p style="text-align: left;">These TYU (<strong>Test Your Understanding</strong>) questions are in addition to our mocks and question bank.</p>
Chapter 1
Chapter 1
Chapter 1
Flashcards per chapter
<strong>Flashcards per chapter</strong> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">Flashcards are a brand new concept we have recently developed to help you study.</li> <li data-list="bullet" style="text-align: left;">They should <strong>help you revise the theory</strong> after each chapter with ease.</li> <li data-list="bullet" style="text-align: left;">We've created around <strong>10 questions per chapter</strong> for you to answer, which, in turn, will help you to ensure that you fully understand the concept.</li> </ul>
Chapter 1
Chapter 1
Chapter 1
Summary notes (pdf)
<strong>Summary notes (pdf)</strong> <p style="text-align: left;">If you have seen the size of the official P3 study book and felt even slightly overwhelmed, our summary notes will be the perfect solution for you.</p> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">We've <strong>summarised the latest Kaplan resources</strong> using our own words.</li> <li data-list="bullet" style="text-align: left;">We've studied the science of learning and we've realised that not only do you need quality materials, but also they need to be <strong>visually appealing</strong> so that you stay motivated throughout your study phase, which we pride ourselves on.</li> <li data-list="bullet" style="text-align: left;">Our materials not only summarise the theory needed to pass your P3 exam, they're also filled with <strong>lots of examples and images</strong>. Sometimes a picture is worth more than a thousand words.</li> <li data-list="bullet" style="text-align: left;">Also, let's not forget about <strong>bullet points,</strong> which are proven to increase your brain's retention of the materials.</li> </ul> <p style="text-align: left;">Don't take our word for it - check it out yourself!</p>
Chapter 1
Chapter 1
Chapter 1
Complete mock walkthrough video
<strong>Complete mock walkthrough video</strong> <p style="text-align: left;">Practice is key!</p> <p style="text-align: left;">This is another useful resource for you. We've taken Mock #4 and <strong>analysed every question from it in a video format</strong>.</p> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">Our tutor shows you exactly how you should be approaching each question.</li> <li data-list="bullet" style="text-align: left;">You’ll also find some additional theory included</li> <li data-list="bullet" style="text-align: left;">We've split the videos into easy to digest videos</li> <li data-list="bullet" style="text-align: left;">Questions have been grouped into chapters so it is easier for you to analyse them.</li> </ul>
Online access to Kaplan study book
<strong>Online access to Kaplan study book</strong> <p style="text-align: left;">For our <strong>Ultimate</strong> Package users, we will provide you with the <strong>original Kaplan study ebook</strong>.</p> <p style="text-align: left;">Please do keep in mind that Kaplan will provide you access via their platform, which can take no more than up to 72 hours (a process that applies if you buy the book directly from their website).</p>
Ultimate only
Revision passcards and 200+ extra questions
<strong>Revision passcards + 200 extra questions</strong> <p style="text-align: left;">Revision module is included for Ultimate Package users.</p> <p style="text-align: left;"> </p> <p style="text-align: left;">This includes the <strong>r</strong><span style="font-family: inherit; font-weight: bolder;">evision revision cards</span><span style="font-family: inherit; font-weight: var(--bs-body-font-weight);"> </span><span style="font-family: inherit; font-weight: var(--bs-body-font-weight);">- visual summaries of the theory included in the CIMA P3 paper.</span></p> <p style="text-align: left;"> </p> <p style="text-align: left;">This module will help to recap on crucial information of important topics in the syllabus.</p> <p style="text-align: left;">Our revision module, which is included for Ultimate Package users, contains an additional <strong>200+ questions</strong> <strong>and answers</strong>, which allows you to revise your knowledge all over again, chapter by chapter.</p>
Ultimate only
Email Course Reminders
<strong>Email Course Reminders</strong> <p style="text-align: left;">As standard, you will be subscribed to our <strong>newsletter</strong>, where we share plenty of <strong>useful P3 information, exam tips, motivational articles</strong> and so much more!</p> <p style="text-align: left;">Our <strong>guided articles </strong>are aimed at making you feel more prepared and confident on exam day, so scroll through and see if you can find snippets of information to support your studies.</p>
Personal Tutor Guidance
<strong>Personal Tutor Guidance</strong> <p style="text-align: left;">Within the ultimate package, a <strong>dedicated tutor </strong>is assigned to your account to guide you through every step of the way. This includes:</p> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">Monthly direct tutor progress checks; our tutor will write you personalised emails with tips on what to do next, what to work on or where to improve.</li> <li data-list="bullet" style="text-align: left;">An open line of communication with your tutor directly via our widget.</li> <li data-list="bullet" style="text-align: left;">A CIMA expert with an excellent reputation; here at the academy, you are in the safest hands 🥰.</li> </ul>
Ultimate only
5* Tutor Support
<strong>5* Tutor Support</strong> <p style="text-align: left;">If there is anything in our questions or mocks that you don't understand, <strong>reach out directly to our tutors for clarification</strong> and they will respond to you, usually within 48 hours.</p> <p style="text-align: left;">If you cannot fully understand a particular answer that we have provided, simply:</p> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">Click on the button at the end of the question page to ‘ask a tutor’</li> <li data-list="bullet" style="text-align: left;">Complete your question / query and submit it</li> <li data-list="bullet" style="text-align: left;">Wait for direct tutor response</li> <li data-list="bullet" style="text-align: left;">Feel free to ask the tutor for further clarification, if needed</li> <li data-list="bullet" style="text-align: left;">Continue your revision with ease</li> </ul> <p style="text-align: left;">There’s nothing worse than misunderstanding a calculation and not knowing the reason behind it, which is exactly why we introduced this function to all of our students in the first place.</p>
7 Day Money-Back Guarantee
<strong>7 Day Money-Back Guarantee</strong> <p style="text-align: left;">We also offer a <strong>7-Day Money Back</strong> <strong>Guarantee</strong>. You are 100% safe to try any of our P3 packages. That's all we're suggesting. Simply try it for 7 days to see if it works for you. If it does, then we are certain you'll be delighted!</p>
Pass Assurance
<strong>Pass Assurance</strong> <p style="text-align: left;">Our <strong>pass assurance</strong> means that in the rare event that you fail an exam while you are subscribed to our package, we will extend it to the next exam window for you.</p> <p style="text-align: left;">We are so confident in our packages that we doubt you will fail, but just in case, we are here to provide that additional assurance.</p>
£0

Take the risk-free path to success!

We understand that preparing for the CIMA P3 exam can be challenging, and that’s why we’re here to help. With Practice Tests Academy, your journey towards exam success is completely secure and risk-free.

We’re confident that our high-quality preparation packages, including course, practice kits or mocks, will arm you with the knowledge and confidence you need to pass P3 exam. And, if for any reason, you feel like our package is not providing you value, you can opt out of it within 7 days of purchase.

Our team is always here to assist you every step of the way. Contact us via email, and we’ll instantly put in a refund request to the accounts. Although it’s not compulsory, we would appreciate it if you let us know the reason why you weren’t satisfied, as it will help us improve our services. Nonetheless, our 7-day guarantee is firmly in place, should you need it.

Trust Practice Tests Academy to help you achieve exam success without any worries!

Our team is always here to assist you every step of the way. Contact us via email, and we’ll instantly put in a refund request to the accounts. Although it’s not compulsory, we would appreciate it if you let us know the reason why you weren’t satisfied, as it will help us improve our services. Nonetheless, our 7-day guarantee is firmly in place, should you need it.

Trust Practice Tests Academy to help you achieve exam success without any worries!

Justyna
Wachulka-Chan

CEO and Founder of Practice Tests Academy

Justyna Wachulka_Chan in white

Justyna
Wachulka-Chan

CEO and Founder of Practice Tests Academy