Forums › ACCA Forums › ACCA SBL Strategic Business Leader Forums › *** P3 June 2013 Exam was.. Post your comments ***
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- June 10, 2013 at 8:48 pm #131450
I also related q1a to PID and business case, the initial phases of the project management.
June 10, 2013 at 8:54 pm #131454I found Q1 a struggle as part a covered such a vast area… The whole of project management.
Q2 part A was fine using porter five forces, however not sure how to approach path B … Scenarios!? I did SFA but know this is wrong.
Q3 part A was good using Harmons strategic matrix. Felt 10 marks for CRM was a bit too much.
Overall didn’t find this a good paper, I felt well prepared but this paper wasn’t a consistent style with past papers.June 10, 2013 at 8:55 pm #131455G
June 10, 2013 at 8:57 pm #131456Was the CEO the project manager or the project sponsor??
June 10, 2013 at 9:21 pm #131464<cite>@abgreat1 said:</cite>
I dont Understand that many students misunderstood about the question… In LSBF notes it is clearly define the CRM AND E-CRM ..THE MODEL ADCOKS GUIDE TO CRM HAS TO BE PLACED AND 6 I ‘S IS WRONG selection ,as they were nothing like marketing scenario in the question… see LSBF NOTES PAGE NO 140…CRM AND E-CRM …Not everyone studied at LSBF and other providers material did not focus on CRM much.
June 10, 2013 at 9:22 pm #131465AnonymousInactive- Topics: 0
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<cite> @golamrahim said:</cite>
Was the CEO the project manager or the project sponsor??I dont think it said. Maybe that was part of the problem, he was both?
June 10, 2013 at 9:24 pm #131466<cite> @golamrahim said:</cite>
Was the CEO the project manager or the project sponsor??I understand that he was the project manager.
June 10, 2013 at 9:26 pm #131467One thing that took me totally off guard was project management in compulsory question . Never in my wildest dreams i thought that project management will be featured in 50 mark question
June 10, 2013 at 9:37 pm #131471<cite> @sameed said:</cite>
One thing that took me totally off guard was project management in compulsory question . Never in my wildest dreams i thought that project management will be featured in 50 mark questionI also thought that it was somehow unbalanced, 40 marks for project management and culture 🙁
June 10, 2013 at 9:39 pm #131473<cite>@jackbailey02 said:</cite>
I dont think it said. Maybe that was part of the problem, he was both?You are right, he was both and that was part of the problem.
June 10, 2013 at 10:12 pm #131478AnonymousInactive- Topics: 0
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fantastic paper p3 this time it was much harder in dec12
June 10, 2013 at 10:13 pm #131479I really hope the marking scheme for Q1 (a) (i) isn’t weighted so that you had to distribute the project management criticisms evenly between the 3 phases of the project that they identified… I did make sure that I put a couple of things for each but way more for initiation phase as it was so clearly doomed from the start LOL!
Why am I even thinking about this? Must get to bed now. P2 in the morning!June 11, 2013 at 6:45 am #131505My Q1 answer seemed weighted around the fact it was a NFP org. Particularly with the problems in the initiation phase with some of the things the CEO was suggesting and when relating the 3 lenses (design, experience and ideas) to MidShires. Did anyone else do the same??
June 11, 2013 at 9:40 am #131544AnonymousInactive- Topics: 0
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AS PER MY THINKING, I WAS NOT EXPECTING 50 MARKS FROM PROJECT MANAGEMENT AND THATS THE REASON I MAY FACE TROUBLE THE OTHER PORTION WAS FAIR IN THAT CASE IF YOU HAVE GOOD APPROACH.
LETS SEE AND HOPE FOR THE BESTDEAR ALL, PLEASE ALSO PRAY FOR MY MOTHER, SHE IS CANCER PATIENT AND IN SERIOUS CONDITION
REGARDS,
AHMEDJune 11, 2013 at 12:19 pm #131569AnonymousInactive- Topics: 0
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Hello colleges,
i hope we all smile at our result on the 8 August 2013 , because we all thought we did something right but the marker will tell us the right thing and i hope all of us to be happy that day.
However, Q1 was a scenario one strategic planning mistakes , organisation culture and strategic lenses
Q2. Porter’s five forces and it and Qb. i cant remember that one
Q3 Harmon ‘s Business process matrix and CRM of how to acquire and retain customer.
therefore with the gentle effort of all of us , may God help us all and may we coincide with a market that will honestly give us of effort not otherwise.June 11, 2013 at 12:50 pm #131572hi,
I sat P3 4 times, I think this seesino is fair, i did the optional questions first ,then spent the remaining time in the case study,
Q3 is the easiest for me with 15 marks on BP change using Harmon Matrix (the processes with each one worth 5 marks)+ 10 marks on CRM with its three stages(Acquisition, Retention & extension) approximately 3-4 marks for each stage of CRM
Q2 15 marks on Porter’s 5Forces(3 for each force analysis)+ 10 marks on Scenario planning(this is the only part I missed for time pressure)
Q1 18 marks for criticizing the CEO’s Approach for Project management in each project phase(initiation, conduct & termination) I suspect that 9 mistakes have to be documented & supported from the Case study(lack of formality, resources not committed to the project, poor strategic fitness, etc.)
another 18 marks for culture & org. structural supporting the project failure(mintzberg is the best answer guide for this)
4 marks for professional skills
10 marks for strategy lenses
I did Q3 well, Q2 p-a well, Q1 P-a(i) well, poorly did Q1 p-a(ii) & p-b, with a loss of ten marks of Q2p-b
overall its a fair paperJune 11, 2013 at 2:35 pm #131594AnonymousInactive- Topics: 0
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Regarding Question 2 (NESTA, discount stores, market attractiveness)
Did anyone else notice that the difference in revenue of NESTA compared with the combined sales of the discount stores was unusually large?
Total revenue of NESTA was “$120,000 million” and the supermarket revenue was “$42,500 Million” as stated in the written portion. However, the combined 2012 Revenue of all 3 discount shops was only $930 million in the data. Such a big disparity.
I mentioned that although the market may be attractive if it keeps growing, it might be rather small for NESTA to justify any substantial investment. I’m guessing the 120,000 million was not a typo was it? Did anyone else find this strange since NESTA was more than 100 times bigger by revenue than all 3 competitors combined?
I don’t see why they couldn’t have written $1.2 Billion, or was this suppose to be a trick of some sort?
June 11, 2013 at 2:39 pm #131596AnonymousInactive- Topics: 0
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$120 Billion, sorry.
June 11, 2013 at 3:41 pm #131628AnonymousInactive- Topics: 0
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Regarding the NESTA question. I read it as 120million. I dont think it said 120 billion on my exam. But several people have said it was 120 billion. Did anyone elses say 120million or did i read it wrong?
June 11, 2013 at 4:46 pm #131650AnonymousInactive- Topics: 0
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it said 120,000 million = 120 billion
June 11, 2013 at 5:04 pm #131663AnonymousInactive- Topics: 0
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well i dnt think it was such relevant figure….
June 11, 2013 at 9:55 pm #131739tchigbo, I can relate with your view of things here. its amazing only few, I think 2 people made mentioned I
of charles handy cultural confuguration. Everyone appear to focus on web.Anyway below is my approach:
Q1.i. Mistakes with the project (in line with d initiation, conduct & eventual termination). Those were very evident from the scenerio.
ii. I followed Charles handy role, task, person & power culture + cultural configuration: proff. beraucracy, strategc appex etc I think this worked well here. Every good & well explained points will be fine as well.
b. Lenses: quite challenging for me. I discribed how each one works then conclude strategy as design would have safe medshire health from the trouble.
Q2. I think I missed out on few points, I indentified the various forces from entrying the market then conclude it’s a viable market. Offcourse I spoke for & against each forces. SFA will work too. Nesta has cash reserve, expertise & its a strategy they’ve chosen. The 3 supmrkets have not adopt the one dollar strategy.
b. Scenerio planning; did mentioned could be used alongside 5forces to further analyse the market. Scenerio considers possible outcomes from venturing into the market.
Q3. Harmon based on complexity & importance of process. Web service shld be subject to ERPS, done in houese. Legal svces was becoming too expensive. Brought in house then automate. Payroll: outsource.
Overall, the paper appear fair but timed pressured. I’m concerned with quality of answer I presented.
Best wishes to you All.
June 12, 2013 at 7:01 am #131772Disaster, I thought I passed in dec 12, but failed.
June 2013′ panicked q1 and my answer did not flow at all.
Q2 & 3 ok. .
Am I confident . No
Was I prepared . Yes I did all the revision q, read the text, viewed lectures
Not sure what I will do if I fail🙁
June 12, 2013 at 2:41 pm #131829AnonymousInactive- Topics: 0
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I thought question 1 was far too long and there was so much reading I struggled, I used the culture web with mendlow’s stakeholders as I did a question a few days prior and he mix the two, seems I was the only one who did by the comments, I also struggled with the culture web as the only obivious one was Power. As usual ran out of time got a sentence or two down for (c) but had to move on as ran over by 15 minutes.
I did Q3, part A was ok, outsource payroll, keep inhouse IT as there was a threat they could loose suppliers and Legal gave the pros and cons of employing, then went with employ, again ran out of time and just got a few points down about strong brand and experience as an intorduction point.
Finally I tackled Q4, I could do both but there was less reading in Q4 and I’m a slow reader, I found part (a) was ok, Sully was a transactional leader and then became a transformational leader but it didn’t work, mention Lewin’s unfreeze change and then freeze, also mention JS&W Edcuation, Participation and fogot the third.
Not sure if i got enought points fingers crossed for August and good luck to everyone
June 12, 2013 at 2:45 pm #131830AnonymousInactive- Topics: 0
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question 1 part b is not understandble that what has to write
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