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Like a few of you, I had budgeting, Variances, Joint Venture and a Private fee charging University.
Spent most of my time looking at Q1 which took a toll when I came to look at Q3 and only had about 40 min- if that- to complete it… did not even have enough time to even attempt the last part of Q3 which if I am not mistaken was an 8 marker (0 marks for that one).
Did not expect variance analysis to come up- which is such fundamental and basic knowledge picked up from PM- spent quite a bit of time remembering myself how to calculate some of the usage/efficiency variances and knowing that I had to do it all under time constraints.
Something I found quite peculiar (and annoying at the same time) was the fact that we did not get any questions on EVA/VBM/ABM, Performance management systems, performance models, management styles, EMA/ESG, NPFO/VFM and other really big parts of the APM syllabus. I guess some of these could’ve been applied to the answers but only to a very small extent.
Time management was a complete disaster but the overwhelming number of spreadsheets, huge amounts of information were not helpful.
Hope all that hard work paid off! Got to keep optimistic!
