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I checked the P4 and the same list was given for Sep 16 exam, which was inaccurate.
Congrats to all who passed. To the ones who failed – do not give up.
I got 48 on my first attempt in Dec 2015, got 53 now. I messed up the 3rd question completely and I was sure I will have to do it again. I think I did well the first two questions which saved me.
My advice: remember 70% of the paper is writing and 30% is calculations, learn some theory and do lots of past questions. For my first attempt I did probably 20% of past question (2007 to 2014). For my second sitting I think I did 70% of past questions.My 2nd time and I feel I did worse this time because of the 50% b***sh** in the scenarios, particularly in Q3, which takes up the scarce time you have. The implication is then an inefficient allocation of resources and decrease in the exam performance. The thing is that you have to read the whole scenario including the rubbish in order to find out where the examiner hide the important bits.
Hi Gromit,
I was wondering if my reason regarding performance measurement vs management is correct to apply the terms in the scenario. Using building blocks model, dimensions are measurements and applying to the scenario you need to discuss the problems (or benefits) of being able to measure performance of employees for example (e.g. technical problems or structural problems)
Performance management is the whole system of the building block model from measuring the performance to setting targets of good performance to rewarding the good performance to achieve defined goals and objectives. Therefore, if you do not have identified objectives (CSF) then you cannot identify the KPIs and set targets which leads to rewards. Applying to the scenario, you need to discuss which part of the system is broken.
Am I missing anything that would relates to performance measurement vs management?Thank you
If you have text book then use it only as a reference for more explanation if needed. I tried to read the text book but there is too much details about everything and it takes away the time you can spend to practice the exam questions.
My first attmept, failed with 48, I hate when it is so close to 50. Will try in March again.
I think there was not enough information regarding the lease already booked in CE; therefore , I just added the amount being expensed in the current year and ignored the timing of lease.
I did Q2 ad Q3, transfer pricing was a bit unsual to confuse, which you would expect from the examiner as in previous years. I could not do Q4, when I skim read the scenario and then the questions at the start I new I would not hae anything sensible to write for it at the last 45 min.
I think there was too much writing for the time allocated to write sensible points.I have similar adjustment to EVA, though I was not sure how to deal with the inconsistency of the lease so ignored it s there wre not enough info regarding the lease I think.
I added one more year of the marketinfI think, 23.10m to capital employed only a the info said it was expense in a previous year as well. My EVA was higher then as well as the NOPAT was higher as well as CE and WACC was lower.