f5 train the trainer

7/30/2019 F5 Train the Trainer

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F5Performance

Management


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REVIEW OF

PAST EXAMS


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WHAT WASDONE WELL?


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Basic variance calculations (in June 2009 but not December2009)

Basic budget calculations (June 2009)

Calculations involving use of time series and regression

analysis (Dec. 2009)

Relevant costing calculations (June 09 and Dec. 09)

Calculations using absorption costing and ABC

What was done well

Discussion of controllability of targets


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Variance analysis

D10 Q1: Calculations were performed well. Candidates must read the

questions carefully.

J10 Q2: Calculations well performed. Candidates must follow the

action verbs such as assess.

D09 Q1: Calculations performed average

J09 Q3: Calculations well performed

Performance management

D10 Q2: Poor answer. Candidates are not linking the information.

J10 Q2: Good answers in calculation parts. Poor answers in

discussion

D09 Q4: Poor answer. Examiner report: When reading a requirement,

always underline the instruction i.e. what is being asked.

J09 Q2: Poor answer. Weak attempts at the assessment and analysis

aspects


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Example: December 2010 Question 2

A response was, turnover decreased by 8.3%, which is poor. The

question showed the industry declined by 20% in demand, so 8.3%

looks relatively good. It is not sufficient to calculate ratios when asked

to discuss the implications.

Throughput Accounting

J09 Q1: Average answer


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Linear programming

D10 Q3: Poor performance. Examiner report: It was obvious that

many candidates hadnt even looked at this area at all. They took a

gamble and it didnt pay off.

J10 Q3: Poor performance. Examiner report: the area needs to be

revisited

D09 Q3: Fair performance. Candidates must read carefully

Absorption and ABC

D10: Candidates need to pay attention to cost drivers and apply

knowledge to the scenario

J10: ABC calculation well answered. Candidates must relate

discussions with the scenario


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Pricing strategies

J10 Q1: Candidates must relate discussions with the scenario.

Controllability of TargetsJ10 Q5: Good performance

Incremental and zero based budgeting

D10 Q5: Well answered but must relate answers to the scenarioD09 Q2: Fair attempt. Candidates must read carefully

J09 Q4: Well answered

J09 Q5: Calculation done well. Explanations needs improvement

Time series and Regression Analysis and Relevant Costing

D09 Q5: Fair answers. Candidates double count figures. Some didnt

read carefully. Need to be more relevant to the scenario


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WHAT WASNTDONE WELL?


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Classic performance management questions (June 2009,Dec. 2009, December 2010)

Planning and operational variances (December 2009,December 2010)

Discussion of pricing strategies for a business (June 2010)

Linear programming calculations and discussion (June 2010and December 2010)

Discussion of difficulties of budgeting in the public sector(December 2010)

What wasnt done well


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WHICH AREASNEED TO BEIMPROVED?


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Need to be able to discuss subjects, not just perform routinecalculation

Need to allocate your time carefully according to the marksgiven

In the exam, concentrate on what you know, not what youdont know

Read relevant articles

Dont try and question spot

What to focus on


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WHERE CAN

TUITIONPROVIDERSHELP?


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Stress the importance of time allocation

Give them practice of writing out full answers to discursivequestions

Emphasize the importance of students using the resourcesavailable to them

Make sure students really understand linear programming andshow them how to calculate shadow prices

Practice performance management questions with them

Where can tuition providers help


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