*** ACCA P3 December 2016 Exam was.. Instant Poll and comments ***

What is the role of a finance team member in change management?

It was very hard paper. Q1 was totally different from previous papers and only 18 marks for analysis. Q1b was very difficult bcz of calculations and was lengthy and not fair to make a question worth 32 marks. Q3 was ok but nothing much to write abt through scenario. Q4 was ok. But overall very difficult to attemp in exam time.

Q1:
a. Portfolio Analysis – Boston Consulting Group Matrix – 18 marks
b. Memo on Project management / Financial Appraisal – 32 marks

Q2:
a. Regression analysis – 15 marks
b. Big Data – 10 marks

Q3:
a. Marketing Mix using emarketing – 15 marks
b. e-procurement – 10 marks

Q4:
a. Cultural web – 15 marks
b. Continuing Development / The learning organisation – 5 marks each

I like the new format. Now they don’t mash 3 topics into one question.
It was really straightforward. You just had to study.

Have u done all questions???

What was the NPV in Question 1 and i didn’t use any model for portfolio analysis, is it fine enough? :/

I think in Q1a bcg and ashbridge both can be used but I used bcg matrix

@feti7a said:
What is the role of a finance team member in change management?

I wrote about how a change management would probably change the project scope and constraints, i. e. Cost requirements etc and so a financial team member had to be consulted before implementing changes regarding finance allocation for the project. Not sure if correct tho.

very fair paper.So long you studied the whole syllabus.I had a feeling that they would bring project managent.PDI document missed a lot of crucial things.Project drivers were there but not risk assessment,project gateways,dissemination plan,assigning teams-benefit owners and change owners.

observable,measurable,quantifiable and finacial benefits need to be distinguised

part (a) was straight foward.the sizes of revenue determined their contribution.BCG matrix can identify that PP had relatively low market share in its market.The industry was on decline but it would appear that PP revenues declined by 50% more than the industry.Probaly due to overreliance on internal sales (80%).May it is the structure of transfer pricing system.But the fact that the society is gradually becoming paperless and MLK has ventured on an E Business project, PP might be less relevant in the future.

It was a hard paper and I totally agree with you Gulshab. I hated the NPV question. It was just an evil paper I haven’t done NPV in years. Although I did like the layout of the paper with the clear lines in question 1.

@gulshahbaz said:
Have u done all questions???

in fairness, I did not get to practice as many as I would have liked – work committments!! If I have to repeat they will just have to give me time off again!! So no, I didn’t practice as much as I should have. But…… having said that, I thought it was more difficult than previous P3 papers I have read. At times, I got lost in the questions. I attempted Q1 (obviously) and Q2 and Q3.

I agree it was do hard, i chose q2 and 4

yep, definitely failed! Q1 is really where I got lost.