*** P5 June 2013 Exam was.. Post your comments ***

It went horrible for me. My mind was exhausted after the first 50 marker which had 3 big topics inside. I just wasted my time in section B by decided which one to chose and made the stupid decision of choosing ABC/ABM and Transfer pricing. Became a victim to ACCA. Had never failed anything before.

The topics are obvious but the case is hard to read and understand .
Q1 balance score card/ divisional performance/ building blocks model and report format
Q2 ABC/ABM etc cannot remember
Q3 porter’s 5 forces model to evaluate performance

Hope to pass, finger crossed!!

<cite>@icnoevil said:</cite>
It went horrible for me. My mind was exhausted after the first 50 marker which had 3 big topics inside. I just wasted my time in section B by decided which one to chose and made the stupid decision of choosing ABC/ABM and Transfer pricing. Became a victim to ACCA. Had never failed anything before.

the same to me

disaster for me too
When i opened the paper , I thought pass easy !
Was completely brain dead after Q1 , and had a go at 5 forces with environmental performance measures ( i think that was right !) , couldnt get my head around the ABC question, was probably easy , my head is wrecked !
difference betweeen service and manufacturing was q1 a – S.H.I.P- 1. SimIilarity , Heterogeneity ,Intangibility and Perishability , (I think! )

Q1) S.H.I.P, Rewards, Critique of EPS, ROCE Capital employed and EPS, building blocks (standards and rewards), Balanced scorecard
Q2) ABC
Q3) Porters 5 forces and how external factors affect performance management and reporting
Q4 Transfer Pricing

Exam was tough and time pressured! For Q3 Maybe it was how the question was asked but I got a bit stuck on linking how external factors affect performance management so wasted a lot of time here. Q1 was actually fair and I hope to get good marks here.
Q4 I felt had too little information so it was hard to work out the TP and the scenario itself I feel was quite poorly worded and structured.

I think that was the worst paper I have ever sat – nothing like the pilot paper in structure and agree the Porter’s Five forces question was really badly worded. Hopefully done enough in the part A question to make up for the disaster I had in part B.

<cite>@icnoevil said:</cite>
It went horrible for me. My mind was exhausted after the first 50 marker which had 3 big topics inside. I just wasted my time in section B by decided which one to chose and made the stupid decision of choosing ABC/ABM and Transfer pricing. Became a victim to ACCA. Had never failed anything before.

I think it was absolutely awful paper… Was optimistic after question 1, chose questions on 5 forces and transfer pricing… I don’t think I scored anything there… Resit..

i did question 1 complete … i think i knew everything in that except for why the standards need to be challanging??? i wrote to improve performance
motivation
gain competitive advantage
achieve goals and stuff i dunno wheather it was correct or not ….
i started of doing abc stuck in the middle left that …
started with porter 5 forces ,,,,
performance measures after analysis i wrote
time for the product to reach market for comp[etitors
customer rating and surveys for customers
gain of gov grants and regulatory body score for gov
substitues ,,,, ivestment in new products :p i dunno wheather it wa ok !! js did 1 part from last question ,,,, dunno wheather ill pass or not

Help! I am going crazy. I attempted only 3 questions but marked all 4 in the booklet front page by mistake. The invigilator didn’t allow me to correct anything. Do you think it will be ok? Is this data for information purposes only or does it affect anything?

The exam itself was ok, the main difficulty I had was to link performance measurement metrics with Porter’s forces. A weird question, but hope that the most of 16 points was for naming the forces and relating them to the case.

I pretty much echo what everyone else is saying. Really tough paper and nowhere near enough time. After Section A I attempted the Porters 5 forces which I don’t think was easy as I thought at first glance. Linking it to ‘performance management’?

Wasn’t sure what to go for after that. Having had a scan off both questions I found them both vague but felt I had a slightly better understanding of ABC. Wasn’t sure how to calculate what they were asking in part a and only had about 20 mins for the whole question so ended up talking about ABC generally as I had no figures to relate it to!!

Disaster if I’m honest. Looks like I’ll be sitting again!

Did the porters 5 forces question first, was easy to relate to porter itself, but hard to late it to performance management, i realised later that i misallocated my time and spent 40mins doing the 16mark question *facepalm*

Then went for question1. The scenario was fairly easy to understand, but the requirements were really confusing, atleast for me, however managed to throw all my knowledge on the paper, some measures i wrote were really lame. Realised iam over time on this one aswel, moved to do the last question

Made a bad choice of choosing transfer pricing, could have written more on abc i guess, but whichever i would have choosen, i had like 5 mins to write, and thus managed to write only 5 lines 🙁

Iam disappointed, had the knowledge, but couldnt do much with my time 🙁

Question 3……. What!!! How do we link 5 forces to performance management in the context they wanted? I did usual P3 way is threat of suppliers, high as rare materials required and as a performance measure said to use sensitivity analysis for price changes? Anyone else do something similar or have I messed it up (more)