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Project management – ACCA Strategic Business Leader (SBL)

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  2. Dear Sir,

    I have watched all your lectures and gone through the lecture notes on SBL. I have learnt a great deal and a lot of the theories are practical which I could to my current work.

    I understand that there are a lot of models in SBL which help a lot in terms of giving a good framework / structure to answering the exam questions. Just wanted to know whether I would need to quote the names of the models when I use them? For instance, for risk management, can I say something like, “….as the downside risk(s) outlined in the business case have minor consequences to the organisation, and that the probability of occurrence is low, the organisation could decide to accept the risk without implementing risk control activities….” , without actually quoting ‘TARA’ or ‘4Ts’ model???

    Thank you in advance for your guidance.

    Regards,
    Tim

    • You do not have to mention theory names and, indeed, in some contexts this might be inappropriate. For example, mentioning academics’ names could be off-putting to the reader to whom your report/letter/memo etc is being addressed. In addition, most scenarios will not allow you to use the whole of a model. So if you were asked to perform an environmental scan and you decide to use PESTEL there might be nothing in the question about T or L so mentioning PESTEL then raises concerns about why the model has not been applied in full. You will be required to apply the models not explain them and it will usually be obvious in your answer what model you will be using. So, in your example of TARA if you were asked to state how certain risks in the question should be dealt with you could say something like “… This event is unlikely to occur, but if it did the adverse consequences would be severe. It is suggested, therefore, that the company investigates to see if insurance might be available to transfer most of the risk to a third party”.

      Glad to know you found the lectures useful.

  6. Has anyone wonder why no comments on all of SBL lectures? its because he is so good and all of his lectures are well explaned with real life examples. i need no extra text book to understand all your topics.
    Thank you so much, you are the best 馃檪

    I wish you can do lectures for advance taxation 馃檨

    Thanks a lot- much appreciated.

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