Trang Chính
P5 Advanced Performance Management (APM)
70% discussion - 30% calculations
Answer the wordy bits first, provided they don't depend on calculations you've not yet done. This paper awards approx 70% of the marks for discussion, and 30% for calculations.
Time on calculations
Watch your time management when doing the calculations. Although they are not technically complicated, they can be time consuming. Lots of practice before the exam means you should be reasonably efficient at these parts in the exam, although you may well take more time than the 1.8 minutes per mark you should theoretically allow. However, if you realise it is taking too long, make up some numbers, move on and use those figures as the basis of your discussion as you'll get the follow through marks on that basis.
FAQs
Q: Are there any guaranteed topics?
A: No. Although there is usually an optional (Section B) question on "current developments in performance management".
Q: Why do questions sometimes appear ambiguous in terms of what is required as an answer, i.e. that they aren't obvious link to one of the chapters in our notes?
A: Although we have to sub-divide our notes into chapters to create discrete topics, in reality businesses are dealing with a variety of the aspects of performance management at a time. At this level of the ACCA qualification you are expected to be able to connect the wider implications of performance management so, to mimic reality, a single question will require you to draw on a number of topics across various chapters.
70% discussion - 30% calculations
Answer the wordy bits first, provided they don't depend on calculations you've not yet done. This paper awards approx 70% of the marks for discussion, and 30% for calculations.
Time on calculations
Watch your time management when doing the calculations. Although they are not technically complicated, they can be time consuming. Lots of practice before the exam means you should be reasonably efficient at these parts in the exam, although you may well take more time than the 1.8 minutes per mark you should theoretically allow. However, if you realise it is taking too long, make up some numbers, move on and use those figures as the basis of your discussion as you'll get the follow through marks on that basis.
FAQs
Q: Are there any guaranteed topics?
A: No. Although there is usually an optional (Section B) question on "current developments in performance management".
Q: Why do questions sometimes appear ambiguous in terms of what is required as an answer, i.e. that they aren't obvious link to one of the chapters in our notes?
A: Although we have to sub-divide our notes into chapters to create discrete topics, in reality businesses are dealing with a variety of the aspects of performance management at a time. At this level of the ACCA qualification you are expected to be able to connect the wider implications of performance management so, to mimic reality, a single question will require you to draw on a number of topics across various chapters.
