Forums › ACCA Forums › ACCA APM Advanced Performance Management Forums › please advise on exam technique
- This topic has 6 replies, 4 voices, and was last updated 8 years ago by Abdul Rafay.
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- October 24, 2016 at 8:46 am #345781
@ zulfi245 , please advise on strategy you took to pass first time. May be it could help us in dec 2016.
November 17, 2016 at 4:30 pm #3496201-I copied exam tips from prize winners in one word file and applied that in preparation .
2-Intelligent arguments and implications:
Don’t try to learn insignificant advantages or disadvantages ,you must be able to discuss the MOST important element(s) ; in a exam question scenario
eg: ROCE vs RI. What would be the most important difference in the Mechanism of these and Implication on company (not general company- Company in scenario)
Eg: you can’t tell a client who came to you for advice that RI is not understandable by managers normally (unless question states manager under- qualification as an important problem )3-F5 dont hesitate to revise risk and uncertainity,operational and planning variance,ABC,Transfer Pricing
4-Be a consultant advisor helping that company not a candidate giving p5 exam.5- Be relevant to question at what you write.Does that really apply to this company?
6- You have to attempt all parts,when its the last question and you are short of time you have to fill all 3 parts of that question with Most important points but note that you have to go through question scenario before making points ( in p5 , relavant to scenario is MUST)November 17, 2016 at 4:33 pm #3496237-if you are short of time, you should go for theoretical part ist rather than calculation (unless you are sure you can do it very quickly).
8-Do these models Value chain,BCG matrix,Porter forces and other models but think from p5 perspective( you will understand by the time what is p5 perspective).
9- Understand the difference between performance measurement and Performance ManagementNovember 17, 2016 at 4:34 pm #34962510- Others:
-Read as much articles as you can. Download atleast 2 latest examiner reports.
-From websites you can have understanding (NOT ROTE LEARNING) of how to measure different terms for eg:
Brand loyalty,Brand Awareness Etc ,allocate a page of it on register (notes).November 18, 2016 at 8:51 am #349610Sorry sir, to answer it in Ask tutor forum (i hope you see my intention here):
@Clairr:
1-I copied exam tips from prize winners in one word file and applied that in preparation .2-Intelligent arguments and implications:
Don’t try to learn insignificant advantages or disadvantages ,you must be able to discuss the MOST important element(s) ; in a exam question scenario
eg: ROCE vs RI. What would be the most important difference in the Mechanism of these and Implication on company (not general company- Company in scenario)Eg: you can’t tell a client who came to you for advice that RI is not understandable by managers normally (unless question states manager under- qualification as an important problem )
3-F5 dont hesitate to revise risk and uncertainity,operational and planning variance,ABC,Transfer Pricing
4-Be a consultant advisor helping that company not a candidate giving p5 exam.
5- Be relevant to question at what you write.Does that really apply to this company?
6- You have to attempt all parts,when its the last question and you are short of time you have to fill all 3 parts of that question with Most important points but note that you have to go through question scenario before making points ( in p5 , relavant to scenario is MUST)
7-if you are short of time, you should go for theoretical part ist rather than calculation (unless you are sure you can do it very quickly).
8-Do these models Value chain,BCG matrix,Porter forces and other models but think from p5 perspective( you will understand by the time what is p5 perspective).
9- Understand the difference between performance measurement and Performance Management
10- Others:
-Read as much articles as you can. Download atleast 2 latest examiner reports.
-From websites you can have understanding (NOT ROTE LEARNING) of how to measure different terms for eg:
Brand loyalty,Brand Awareness Etc ,allocate a page of it on register.if you will successfully grasp essence of p5 and apply that in your real life before exam sooner the better (eg: critical analysis,implications in future of anything ) you will perform better in exam too.
Go Solve Problems in exam !!!
Hope it helps
November 18, 2016 at 8:51 am #349628if you will successfully grasp essence of p5 and apply that in your real life before exam sooner the better eg: critical analysis,implications in future of anything , you will perform better in exam too.
Go Solve Problems in exam !!!
November 21, 2016 at 7:05 pm #350405Z, how would u define the difference between Performance management and Performance Measurement?
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