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Q1)a) ROI & RI
b) BCG matrix
c) Management information systemQ2)a) Performance Pyramid
b) Reward systemQ3) a) CSFs
b) KPIs
c) EVAAPM PM 13:30 sitting – Couple of questions where it wasn’t obvious what was being asked at first but overall a nice paper!
Q1)
– Complete the financial statements i.e. DPS, current ratio, ROCE, RI (left empty)
– Evaluation inventory management system and performance reporting system
– Balance scorecard appraisal
– Behaviour impact BSC has on staffQ2)
– Apportionment of overhead of sales staff. Calculate and comment on impact
– Evaluate ABM and whether it should be implementedQ3)
– Risk attitude and challenges to changes in engineers’ compensation packages (Basic pay being reduced, fixed pay per visit and commission
– Director shares and general reward scheme linking to SH wealthAPM I found struggled with. Linking the requirements and scenarios just got to me a good bit.
Left question 3 until the end. Was well behind time and struggling with energy. Made a mess of addressing ABM and linking it with the case.Directors share based payment came up as reward scheme. Never ever covered it so overall disappointed with how section B went for myself. Wonder is anyone else in that boat?
Balanced scorecard came up on question 1. I found it a bit tricky, the opportunity to recommend a maximum of two other tools was allowed, so couldn’t break down the marking scheme.
Overall I don’t think I got much more than the low 40s. Fairly deflated. Hope others found it okay though
Really struggled with the time on this exam, I lost time on 50 mark question linking to the scenario. Then moved to q3 on ABM and started calculations, lost track on all the difficulties company was facing. And then little did I know 15min warning message came in and that was it. Didn’t even attempt q2 sadly. The requirement through me out of sink. Very disappointed. I guess I need to keep reading for my retake in Sept. :(((
Found it really difficult. I ran out of time for question 3 so I wrote what ever I could in the last 15 mins. I think I wrote 4 lines for 3a and 3b.. I couldn’t link it to the scenario regarding the pyramid. I was waffling on about quality production
Boston matrix I was thrown of I couldn’t remember any of the boxes cash cow problem child and link back to the scenario
I find APM really in the exam but the study pack doesn’t seem so bad or even the video.. maybe it the time pressure
tgoddard92 wrote:APM PM 13:30 sitting – Couple of questions where it wasn’t obvious what was being asked at first but overall a nice paper!
I had this version. Did much better on Q2 and Q3 but think I got the majority in Q1 anyway. Feeling as confident as I have in past papers but you never know.
I had same as above. Here is the breakdown of marks from what I can remember – dunno if anyone else like me try to add up to see if they got enough should probably just forget about it and wait for results!! I always look for these but this time I remembered myself
Overall was ok… had to move on when ran out of time but don’t think there’s much more I had in my brain to write anyway so at least will be marked out of 100 to give best chance of passing. Did it in December and got 44% so hope this was the one ….
Q1. Fill in missing figures on performance report and comment on inventory system (8 marks)
Evaluate current performance report (15 marks)
Balanced scorecard (17 marks)
BSC and employee behaviour (6 marks)
Professional marks (4 marks)Q2. Cost per unit & implications of calculations (9 marks)
Activity based management approach (16 marks)Q3. Pay related performance adverse consequences (13 marks)
Director share option scheme (12 marks)Ran out of time and the exam had too much info to digest!
Q1- ROI & RI/Divisional performance
-BSG
-Management information system – really strange for 12 marks!!Q2- performance pyramid
-JITQ3- Pay related to performance adverse consequences
– Directors share option schemeI did the APM exam in the morning and I felt that the exam is not as hard than normal. I attempted all of the questions but unsure if I’ve done enough. Fingers crossed I get to pass and good luck to all. The APM afternoon exam seems harder and complicated based from the comments above
Well, the first 50 marks question was about divisional performance evaluation based on roi&ri which reminded me SBL a bit, while I assumed that it will be something about performance report or system evaluation, took me lost of time to digest and start to write.
Management information – 12 mark , left unattempted.
Last question with Eva was nice but didn’t have enough time to finish it all.
Second question with Lynch piramide, was quite expected, noticed that this model becoming widely used in the apm exams- Topics: 29
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What did you guys write regarding the directors share option scheme in question 3?
Aligns directors interests to shareholders interests as both want to maximise share price, less likely to make risky investments etc. Hoping that’s right …
tara19 wrote:Aligns directors interests to shareholders interests as both want to maximise share price, less likely to make risky investments etc. Hoping that’s right …
Sorry didn’t reply to comment properly
I sat the exam in the afternoon as well. I found it really difficult to link information from the scenario to the requirements.
I really struggled with question 3, on evaluating the Activity Based Management. We had to relate it to the systems of the business, but I was struggling to think of ways to relate it?
What did you guys write for this question?sat at 8:15am GMT
cbe exam crashed when trying to chat but recovered
after ~5-10min.
got 50mark q: RI, ROI, BCG, management info systems
q2: pyramid and rewards
q3: EVA and CSFs, KPIsa lot of marks with very little info given.
wrote something about everything, but hope it will be considered “applied to scenario”, that seems to be the key..Hi, I wrote basically What ABM is and where it’s most uselfel for, (business with higher overheads and wide product lines, helps makes decisions on each product etc.
said with only two products, the boots, it was overkill, and iis crucial needs good systems to identify the cost drivers . It’s needs a lot of time to put in etc and no staff have the time yada yada
And basically linking it to the scenario but saying all the various Failures show the company isn’t ready for ABM and the fact it had no spare cash to update its systems ABM simply wouldn’t work. if expanded further the warehouse cost I think it was
a lot of data the company already has is incorrect as a lot of manual intervention etc, basically so how can in handle a new implementation of ABM, they have bigger issues to solve long story short
This is in reply to your question hopeful, but might not be the same question, this one was about a winter boots company, one that only
Had two boots as it’s products and a whole range of issues with their businessI sat the afternoon exam, struggled with the ABM question and simply ran out of time. The spreadsheet just isn’t as easy to use as excel and I lost time on correcting formulas where the arrows keys kept taking me to the wrong cell!
I ended up writing a lot about implementing ABM and then went back to the scenario and realised the note where it said the company doesn’t have the funding for ABM!Qn 1 was fair question but just spent too much time on this one.
t33oto wrote:Hi, I wrote basically What ABM is and where it’s most uselfel for, (business with higher overheads and wide product lines, helps makes decisions on each product etc.
Reading what you wrote and thinking I wrote the opposite… I said it would help them and they should adopt it went through each activity of the sales office and how it could be organised better.. note sure that will be right but hopefully a few marks
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Khan.1995 wrote:How did you calculate RI & ROI?
Did 3 different ways, profit, traceable profit, and controllable profit.
Feel the same. The marking scheme seemed really strange for some questions.
17 marks on the balance scorecard proposal seemed odd when we could only speak about 2 of the proposed KPIs and justifications. Maybe I missed something?
Thought the same thing for 16 marks on ABM approach
Up to 10 marks on pros and cons on ABM for the scenario maybe? Seems like a stretch?
Then another 6 marks on suggestions of other solutions?
I wrote about BPR and Six sigma as an alternative since they didn’t have funds to invest in IT systems.God knows if that is what they were looking for.
Yeah that ABM question was just odd. They could not upgrade their systems and didn’t have sufficient or experienced staff to implement it so how do you get 16 marks out of that? I just wrote how it would be beneficial by linking in with each inefficiency in the scenario and then said without being able to invest in systems you basically can’t do it.
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