P3 · Strategic Level · CIMA
P3 Objective Test
P3 Risk Management equips you to identify, assess, and manage enterprise risk at a strategic level. You'll study risk frameworks, financial risk hedging (interest rate, foreign exchange, commodity), and how to build resilience into an organisation's risk appetite and controls.
What you'll learn
- Enterprise risk frameworks (COSO, ISO 31000)
- Interest rate risk management (FRAs, swaps, options)
- Foreign exchange risk management (forwards, futures, options)
- Commodity risk and other financial risks
- Internal controls and control environment
- Risk appetite, governance, and board-level risk reporting
Objective Test Exam
P3 Objective Test
Computer-based exam taken at a Pearson VUE test centre. Sat independently — no aggregation of marks with other subjects. Available in March, June, September & December.
60
Questions
90
Minutes
50%
Pass mark
4
Sessions/yr
Practice Exams
CIMA Objective Test Practice
CIMA Objective Test Practice
Test your knowledge with authentic CIMA-style objective test questions. Get instant feedback and detailed explanations after every attempt.
Question Types Covered
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Practice exams are available to all students with subject access. Get access to unlock unlimited practice exams with detailed explanations and performance analytics.
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What you'll study
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P3 Objective Test
- All video lessons, exercises and resources
- Unlimited practice exams with detailed feedback
- Pass guarantee included
How it works for P3
Step 1
Learn
Grasp the P3 syllabus fast.
46 lessons covering every examinable area — nothing more, nothing less. No 40-hour lecture series when 15 will do.
Step 2
Practise
Sit the P3 exam before you sit it for real.
60-question objective test mocks replicating official CIMA conditions. Same format, same timing, same pressure. Full worked explanations for every answer.
Step 3
Diagnose
Stop revising P3 topics you already know.
After every mock, VIVA maps your P3 strengths and weaknesses and rebuilds your study path around what actually needs work. Instant AI-enhanced marking with expert oversight. The speed of technology, the judgement of real experts.
When your Exam Readiness Score hits Green, the system has confirmed you're ready to pass.
Hit Green ERS, sit P3, fail — we refund you.
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Frequently asked questions
Most students complete P3 in 8–12 weeks studying 6–8 hours per week. You have lifetime access so you can progress at your own pace.
Yes — every learning outcome in the P3 syllabus is covered across the video lessons and practice questions.
Yes — your course includes unlimited objective test practice with 60-question exams, instant feedback, and detailed explanations for every question.
Yes. If you complete the course and don't pass your exam, we'll refund your course fee in full. Terms apply — see our pass guarantee page for details.