dec 12 exam tips for p-5

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This topic contains 7 replies, has 8 voices, and was last updated by avatar angelamyangel 1 year, 5 months ago. This post has been viewed 43 times

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  • Avatar of loffar
    loffar
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    plz post exam tips


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    qdx123
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    no content


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    ifeanyiobi
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    Benchmarking for public sector


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    joydugz
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    Kaplan tips:
    • Building block model linked to CSFs
    • Importance of political factors in performance management, linked to public sector league tables
    • Evaluation of a performance management system, including “beyond budgeting”
    • Corporate failure
    • Divisional performance appraisal and transfer pricing*Building block model linked to CSFs


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    bvp123
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    Thank you joydugz very kind of you.
    Does anyone have tips from BPP as well?


    Avatar of summerday
    summerday
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    Thanks for sharing..
    Any more tips from other sources? Thanks in advance.


    Avatar of angryhamtaro
    angryhamtaro
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    It’s quite funny, if you combined all the tips from many sources, you will eventually come to a conscious conclusion to ‘study everything’.

    Here’s a better tip to prepare adequately for the exams:

    1. The question is your client – treat them as if a consultant is talking to a client
    2. You are a performance management consultant – think of yourself as a consultant
    3. Understand the client and what they are facing in terms of performance – diagnose where the problem lies in their business / operations / activities.

    What are things that you should understand about the client before you sell them a solution?
    Their objectives
    Their constraints
    The environment in which they are operating in
    Their current systems and culture
    The staff ability to change
    The customers and what they want
    The suppliers and the issues that they cause

    On the areas to focus this time around
    1. Budgets are back on the hit list
    2. Transfer pricing and divisional performance
    3. Information system and security
    4. External factors and how it impacts performance management
    5. Dysfunctional behaviour
    6. Rewards and motivation
    7. Structural issues in performance management
    8. Relevance of management accounting (relevance lost)

    Source: http://j-fma.blogspot.co.uk/


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    angelamyangel
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    thanks very much angryhamtaro, you are just spot on on what we students need.we will surely treat each question as our client.

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