“Focusing primarily on the long term, P2 builds on the insights about costs and their drivers (from P1) to provide the competencies needed to analyse, plan and manage costs to support the implementation of the organisation’s strategy.
It shows how to manage and control the performance of various units of the organisation in line with both short-term and long-term strategy.
Finally, P2 covers investment decision making and the risks associated with such decisions.
It provides the basis for developing deeper understanding of various types of risk affecting the strategy and operations of organisations (covered in P3).”
See how P2 fits into the whole CIMA syllabus here.
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Every exam is randomly generated by a computer, therefore the questions are presented in no specific order and each student takes a different test.
The questions will be formatted in a number of different ways:
- Multiple choice & multiple response questions – You will be required to select the correct answer/answers from the several answers presented to you.
- Drop down questions– You will be asked to select the correct answer from a drop-down list of possible answers.
- Drag and drop questions – You will be asked to move an object/label to another location.
- Hot spot questions – These will require you to identify an area on an image by clicking on it.
Your results will be available as soon as you have finished your test. You will also be given feedback alongside your mark.
Find your nearest test centre
CIMA objective tests can be sat on demand on a day of your choice at any time throughout the year at a Pearson Vue Test Centre