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CIMA Strategic Level

Study Texts Mock Exams Revision Questions Courses Case Study E3 P3 F3

CIMA P3 Risk Management - Free Exam Resource Page


One of the key benefits of having access to the Internet is the amount of free material and resources available to everyone during their studies.

In order to help you out, we've compiled a great selection of useful resources from all over the Internet to help you to prepare for the CIMA Strategic P3 exam.

If you are after more great quality free resources, go to and sign up for free access to CIMA Study Texts, Practice Questions and a Mini Mock Exam for the CIMA P3 exam.

CIMA P3 Syllabus Topic -Identification, Classification and Evaluation of Risk

CIMA Syllabus Weighting - 20%

Free CIMA Strategic Study Text

Sign up now and get instant access to your own free study materials including complete CIMA Syllabus Study Texts for E3, P3 and F3

Additional benefits include:

Risk and Diversification:

CIMA P3 Risk and Diversification

A good poster explaining risk and diversification clearly with diagrams, it shows how diversification reduces the risk of a portfolio of stocks.

Risk Management:

CIMA P3 Risk Management

A useful animation explaining the risk management process, levels of risk and how to measure and calculate risk.

CIMA P3 Risk Management

An 18 minute introduction to Risk Management covering a range of useful topics such as:  what is risk management, the key benefits of risk management, the risk management process and the risk matrix.

A good introductory P3 Risk Management video.

Identification, Classification and Evaluation of Risk

Responses to Strategic Risk

Internal Controls to Manage Risk

Managing Risks Associated with Cash Flows

Managing Risks Associated with  Capital Investment Decisions

P3 Technical Articles from CIMA Connect

This is a summary table of key articles from CIMA Connect. You will find these a helpful addition to the Astranti resources above.

CIMA P3 Syllabus Topic - Responses to Strategic Risk

CIMA Syllabus Weighting - 20%

60 Challenging Objective Test Style Questions in each CIMA Mock exam

Prepare for the CIMA Exams and perfect your exam technique using our realistic mock exams, written carefully to simulate the real CIMA exams

Corporate Governance:

CIMA P3 Corporate Governance

A webinar explaining 'everything you need to know about corporate governance'. This short animation explains the objectives of corporate governance.

CIMA P3 Corporate Governance

A definition and an explanation of corporate governance using the UK as an example of how this can be applied.

CIMA P3 Corporate Governance

A good introduction to corporate governance from KPMG here. Clear descriptions and with useful graphics, only  4 minutes in total so an easy and quick watch.

This will be helpful viewing for P3 revision.

CIMA P3 Syllabus Topic - Managing Risks Associated with Capital Investment Decisions

CIMA Syllabus Weighting - 20%

Online Revision Masterclass Recordings



Quickly revise the key areas of the syllabus alongside a qualified CIMA Tutor in our onlive masterclass.

Sensitivity Analysis:

CIMA P3 Sensitivity Analysis

A high quality article about Sensitivity Analysis. It gives example answers and identifies the benefits of 'what if' analysis.

A Cap and a Floor:

CIMA P3 A Cap and A Floor

This article provides a simple introduction into Interest Rate Caps and Interest Rate Floors. It explains the two clearly and the difference between a cap and floor.

Currency Options:

CIMA P3 Currency Options

This article clearly and effectively introduces currency options, it uses the example of trading USD/JPY to back this up before explaining the uses of currency options.

This will be useful when revising P3.

CIMA P3 Syllabus Topic - Internal Controls to Risk

CIMA Syllabus Weighting - 20%

Like our CIMA Strategic Students Facebook Page

There are plenty more hints and tips in addition to other information available on our Operational Facebook page. This page is specifically tailored to those students sitting the E3, F3, P3 and Case Study Exam..

Management Control:

CIMA P3 Management Control

Regulative Controls, Normative Controls, Bureaucratic Controls, Team Norms, Financial Controls, Organizational Cultural Norms and Quality Controls that make up Management Control explained effectively in this article.

Transfer Pricing:

CIMA P3 Transfer Pricing

An introduction to transfer pricing using an animation to explain how companies are connected and why transfer pricing is important.

Internal Control:

CIMA P3 Internal Control

A useful article that explains the internal controls in organisations in depth. The article is categorised by concepts, controls in general, preventative controls and detective controls.

This is useful for CIMA P3 revision.

CIMA P3 Internal Control

A useful five minute video about internal control. It  explains objectives of internal controls and the benefits it delivers to an organisation and its environment.

This is easy videwing and will supportive your Internal Control revision.

Measuring Financial Performance:

CIMA P3 Measuring Financial Performance

“The only man I know who behaves sensibly is my tailor; he takes my measurements anew each time he sees me. The rest go on with their old measurements and expect me to fit them.” - George Bernard Shaw, this video gives an indepth explaination of how to measure financial performance.

A good video to support you in studying P3.

Systems Development Life Cycle:

CIMA P3 Systems Development Life Cycle

A discussion of the actives and benefits of the system development lifecycle. It covers each phase very comprehensively with great depth.

This will be of great assistance in your understanding of P3 Internal Controls to Risk.

CIMA P3 Syllabus Topic - Managing Risks Associated with Cash Flows

CIMA Syllabus Weighting - 20%

Study Texts for Kindle

Astranti CIMA Study Text Kindle Edition - works with any Kindle device and can also be accessed through smart phones, tablets and computer devices via the Kindle app!

Financial Risk:

CIMA P3 Financial Risk

An explanation of Risk vs Reward, base line valuation of risk and rewards, and what causes financial risk in business.

Foreign Exchange Risk:

CIMA P3 Foreign Exchange Risk

A detailed guide to managing foreign exchange risk, Impact of movements in foreign exchange rates on businesses, methods of measuring foreign exchange risk, and how to manage this risk.


CIMA P3 Hedging

A very interesting video that gives a detailed example of hedging options.

This is a good introductory revision tool for the CIMA P3 Objective Test.

CIMA P3 Hedging

This short article explains Hedging, how Hedging works and why it matters with examples throughout.

This article will be useful for your understanding of Managing Risks Associated with Cash Flows.

Interest Rate Swap:

CIMA P3 Interest Rate Swap

This short video explains how Interest Rate Swap works and uses diagrams to discuss the advantages and disadvantages of this approach.

This video will help you feel prepared for your CIMA P3 exam.

*These links are to the CIMA website which will require you to log-in using your CIMA Connect details.

If you’ve found any other resources yourself why not share them on the discussion board below, students perform at their best when they are all helping each other out!

Other General Help and Advice

Struggling with P3 or F3?

Useful advice written by a CIMA administrator to help support you with your studies.

The Perils of 'Practice Questions'

A blog from a CIMA administrator advicing students to get knowledge of their topics before getting into mock exams.

Approaching objective test questions

Beneficial information on what you can expect and how to approach the objective test questions.

Objective test style and format *

A helpful insight into the different ways the questions will be formatted.

5 tips on how to reduce stress and improve focus

Tips on how to minimize stress and improve focus leading up to your exams.

5 steps to success from CIMA exam prize winners

Some excellent tips on how to pass your CIMA exams.

Top Tips for Revising

An easy blog to read giving helpful advice on how to prepare for CIMA exams.

Try the Revision Questions for free

Sign up now and get instant access to 3 chapters worth of  questions for each subject.

P3 Strategic Management Complete Course - The Full Package

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