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Can anyone tell me that how this model funtion? I do not really understand how to use the rating to relate with the passing mark. Thanks!
Are you actually looking at a particular Q or looking at the model, trying to understand?
The model tries to predict the likelihood of a company failing by giving each problem a score. Problem groups are Defects, Mistakes and Sypmtoms. For example, if we look at “Defects”, say if their Chief Exec is an autocrat they get 8 marks, if they have poor response to change etc they get 15 marks so far total being 23 (and below the acceptable total of 25 so they are ok) however say if they have no budgetary controls they’d get another 3 marks and the overall score for “Defects” would be 26 and this makes the problem area at risk of failure. The higher the score the worst the situation gets.
Its a bit like getting marks for bad behaviour and the higher the marks, the more risk of failure of the organisation.
Does that help at all?
begum has rightly explained it however you dont really need to know that for your exams. Examiner has stated that its calculation is not really important.
I’m refering to BPP text book now. It states that the system sets a minimum acceptable score of overall with minimum of 10 and 15 in problem areas A (defects) and B (mistakes). Afirm that scored more than 25 overall but failed to reach the minimum for Group A or Group B would still be considered to be at risk.
I’m refering to BPP text book now. It states that the system sets a minimum acceptable score of overall with minimum of 10 and 15 in problem areas A (defects) and B (mistakes). Afirm that scored more than 25 overall but failed to reach the minimum for Group A or Group B would still be considered to be at risk.
i do not understand about this.
And thanks for answering me 🙂
My understanding from “failed to reach the minimum for Group A or Group B” is that they failed to reach a low score – not high score. The aim is the score as low as possible.
Princeacid, is this your understanding also?@begum said:
My understanding from “failed to reach the minimum for Group A or Group B” is that they failed to reach a low score – not high score. The aim is the score as low as possible.
Princeacid, is this your understanding also?You understand it correctly and the wording from BPP is very poor.
If you look at page 66 of my Course Notes (which are online here) then it summarises it more clearly.
okies. thanks!
johnmoffat:
may i know whr to get the note u mentioned about? i tried to surf around but still cant get it 🙁
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You may refer to Michael Pogue’s technical article at ACCA.
@lone-lying said:
okies. thanks!johnmoffat:
may i know whr to get the note u mentioned about? i tried to surf around but still cant get it 🙁If you go to the ACCA menu at the top of this page, and then choose P5, you will find a page with the Course Notes on it.
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