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Updated: Aug 08, 2026

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What is the exam cost of the CIMA CIMAPRA19-P03-1 Certification Exam

The cost of CIMA CIMAPRA19-P03-1 examination is about $1500/ applicant.

Enlist of Registration procedure of CIMA CIMAPRA19-P03-1 Certification Exam

When you order your CIMA CIMAPRA19-P03-1 certification exam, you must submit four forms of payment in addition to the cost of the exam. All forms of payment must be made by check, money order or wire transfer.

  • One form of payment should be for a letter from your employer stating that you have at least two years experience as a financial manager or auditor in an organization with an annual turnover exceeding 5 million USD.
  • A photo identification document such as a passport or driving license, and also proof of residency (a utility bill, lease agreement, etc.)
  • A photocopy of the postgraduate degree certificate that you received from your university.
  • A letter from one of your professors confirming that you are in good academic standing in the course, and also that you have demonstrated adequate command over English language and professional skills.

CIMA CIMAPRA19-P03-1 Exam Overview:

Certification Vendor:CIMA
Exam Name:P3 Risk Management (Online)
Exam Number:CIMAPRA19-P03-1
Real Exam Qty:60
Available Languages:English
Exam Price:Approximately £95–£120 (varies by region and tax)
Certificate Validity Period:3 years (as part of CIMA exam progression validity rules)
Exam Duration:90 minutes
Exam Format:Multiple Choice, Multiple Response, Fill-in-the-blank (number entry), Drag and drop
Related Certifications:CIMA Certificate in Business Accounting
CIMA Operational Level
CIMA Management Level
CIMA Strategic Level
Passing Score:100/150 (scaled score, approx. 67%)
Recommended Training:LearnSignal CIMA P3 Risk Management
CIMA Official Learning
Exam Registration:CIMA Exam Booking Portal
Pearson VUE CIMA Exams
Sample Questions:CIMA CIMAPRA19-P03-1 Sample Questions
Exam Way:Computer-based exam (Pearson VUE test centres or online proctored exam)
Pre Condition:Completion of CIMA Operational Level (or equivalent exemptions where applicable)
Official Syllabus URL:https://www.aicpa-cima.com/cimaexams

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Certification Path of CIMA CIMAPRA19-P03-1 Certification Exam

The CIMA CIMAPRA19-P03-1 certification is conferred by the Chartered Institute of Management Accountants, which is the highest standard globally. In order to receive your certificate, you must first pass each section of the exam by receiving a cumulative score of 70% or better. Once you have passed all four sections, you need to submit a copy of your official transcript from an accredited college or university. You will also need to submit your transcripts and a letter from your employer stating that you have at least 2 years of work experience as a financial manager or auditor, depending on which exam section you have taken. You should then wait 1-3 weeks for approval before receiving your certificate and pins via mail.

Reference: https://planner.cimaglobal.com/proqual/2019/strategic/P3

CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Internal Controls25%- Control Evaluation
  • 1. Effectiveness assessment
    • 2. Control failure and remediation
      - Control Systems
      • 1. Design of internal controls
        • 2. Preventive and detective controls
          Topic 2: Cyber Risk25%- Cyber Controls
          • 1. Access control and authentication
            • 2. Incident response planning
              - Cyber Threats
              • 1. System vulnerabilities
                • 2. Data breaches and hacking risks
                  Topic 3: Strategic Risk25%- External Environment Risk
                  • 1. Economic and reputational risk
                    • 2. Political and regulatory risk
                      - Strategic Decision Risk
                      • 1. Market entry and expansion risk
                        • 2. Competitive positioning risk
                          Topic 4: Enterprise Risk25%- Risk Identification
                          • 1. Risk classification across the organization
                            • 2. Internal and external risk sources
                              - Risk Assessment
                              • 1. Risk prioritization techniques
                                • 2. Likelihood and impact analysis
                                  - Risk Response
                                  • 1. Risk transfer and avoidance
                                    • 2. Mitigation strategies

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