exam

Read our notes and listen to our lectures. You will see that you will have covered much of the technical content in earlier papers, but there are some new areas – such as economic value added.

The difficulty that most people have with this exam is approaching the questions. You will rarely be asked to describe a theory, approach or model. Instead, application of methods to the information given in the question is vital. For example, you might be asked to comment on the adequacy of a report and you would have to look at it and decide if it was too detailed and cluttered, decide if it contains the information needed by users etc.

Therefore, question practice is absolutely vital and it is essential that, in addition to our material, that you buy a revision kit/question book from BPP or Kaplan so that you are provided with lots of question practice. (You get a 20% discount if you buy BPP books through this site.) It is important that when you have planed the answer to a question (or attempted the question in full) that you then carefully compare what you said to what the model answer says.

For example, when asked to comment on the adequacy of a report many candidates incorrectly comment on the performance of the business that the report relates to. Requirements must be carefully addressed and the information provided in the question must be referred to and used.

Yes – important for all papers.

The main F5 topics to revise for APM are variance analysis (including planning and operational variances, contribution analysis (break even, key resources) and pricing.