1) Time management Section A-50 minutes,do easy question first. Section C-34 minutes per question Section B-17 minutes per scenario.Then comeback for remainining section a question. Be brutal with your time. 2) Easy mark first:section a(theory question and not so labour work type question). 3) Easy mark first:section c-use template,use own figure rule,1idea-1 mark, 4) Easy mark first:section b- theory question first(less labour incentive one). 5) Remote exam- Two week before exam,do every question on scratch pad. 6) Tricky topics (i)Variance analysis. seperate numerical from theoritical. (ii) planning/operational-section c Seperate net varianace from planning and opertional. (iii) market size/market share seprate interpretation from numerical. (iv) Transfer pricing-for section c-follow standard approach(if you solved past paper exam-follow that). (v) learning curve questions-use spread sheet(borrow from section c).
This is an important point: If missed deliveries go from 10% to 20%, that is a 100% increase in relative terms, and what helps us understand the significance of the change. Markers are looking for this, not simply saying missed deliveries went up 10%
@@SteveWillisACCA so if we had some different figures say: 10 % to 12.5%, you are saying it would not be wise to say "an increase of 2.5%", but instead it is better to say," an increase of 100%?"
@@benedictmangwato292 In your case, let's say is % of products returned. If it was 10% in Q1, but 12.5% in Q2, the insightful comment to make is, "In quarter 2, % of products returned went up BY 25%. This is a significant issue because..." the word BY implies a relative change. If you just said, "Returns went up 2.5%" that is an imprecise way to describe the change and doesn't provide any insight that there is a potential issue.
There was a past exam question where system downtime for an online retailer went from 1% to 2%. In this case, system downtime doubled which represents a serious issue for an online retailer. If you just said" system downtime went up 1%" You wouldn't get a mark.
I have failed PM once and I was struggling in Section B and didn't score good. What tips would you like to give me to kop up with this? and Does reading text book is important or we can learn from just study hub for PM?
Hi there! here is the link for transfer pricing: th-cam.com/video/M2pBTzi8s5M/w-d-xo.html The webinar link was to ACCA's site, so I guess they took it down--sorry about that. Good luck on your upcoming exams!
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1) Time management
Section A-50 minutes,do easy question first.
Section C-34 minutes per question
Section B-17 minutes per scenario.Then comeback for remainining section a question.
Be brutal with your time.
2) Easy mark first:section a(theory question and not so labour work type question).
3) Easy mark first:section c-use template,use own figure rule,1idea-1 mark,
4) Easy mark first:section b- theory question first(less labour incentive one).
5) Remote exam- Two week before exam,do every question on scratch pad.
6) Tricky topics
(i)Variance analysis.
seperate numerical from theoritical.
(ii) planning/operational-section c
Seperate net varianace from planning and opertional.
(iii) market size/market share
seprate interpretation from numerical.
(iv) Transfer pricing-for section c-follow standard approach(if you solved past paper exam-follow that).
(v) learning curve questions-use spread sheet(borrow from section c).
good recap
I discovered your videos soon but have benefited much from you. Thumbs up.
Glad they are helpful
I'll be writing PM in a few days and your videos are very helpful!!
Great to hear!
could you please explain what you meant at 16:23
This is an important point: If missed deliveries go from 10% to 20%, that is a 100% increase in relative terms, and what helps us understand the significance of the change. Markers are looking for this, not simply saying missed deliveries went up 10%
@@SteveWillisACCA so if we had some different figures say: 10 % to 12.5%, you are saying it would not be wise to say "an increase of 2.5%", but instead it is better to say," an increase of 100%?"
@@benedictmangwato292 In your case, let's say is % of products returned. If it was 10% in Q1, but 12.5% in Q2, the insightful comment to make is, "In quarter 2, % of products returned went up BY 25%. This is a significant issue because..." the word BY implies a relative change. If you just said, "Returns went up 2.5%" that is an imprecise way to describe the change and doesn't provide any insight that there is a potential issue.
There was a past exam question where system downtime for an online retailer went from 1% to 2%. In this case, system downtime doubled which represents a serious issue for an online retailer. If you just said" system downtime went up 1%" You wouldn't get a mark.
@@SteveWillisACCA i see, thank you so much
Youre a life saver sir thank you, Im 90% sure that we will get a variance question on sec c
You're welcome!
& I'm 100% sure u didn't get one !! Neither did I !! 🥲
@@KevinGomeskvz1990 hahaha.....😂😂one should never expect anything intil result comes out
@@mmmjim6607 Yes !! The questions are so unpredictable, cannot say anything before the result!
I hope I get either Variance analysis or linier programming for section C
you should definitely upload a banjo tutorial sometime sir! :) but helpful video as always, thankyou
hehehe one of these days :) Glad you found it helpful. Good luck next week!
Very helpful. Thank you.👍🏻
Glad it was helpful :)
I have failed PM once and I was struggling in Section B and didn't score good. What tips would you like to give me to kop up with this?
and Does reading text book is important or we can learn from just study hub for PM?
What score did you get? If in the 40s, then just do past exam questions and look things up when you get the answers wrong.
@@SteveWillisACCA Yes it was in 40s
Hi steve, transfer pricing video and 2 hrs webinar both of these videos are not available.Can you please tell me where i can that these out.
Hi there! here is the link for transfer pricing: th-cam.com/video/M2pBTzi8s5M/w-d-xo.html
The webinar link was to ACCA's site, so I guess they took it down--sorry about that.
Good luck on your upcoming exams!
@@SteveWillisACCA steve i am clicking on this link and it says this video is private,so it cannot run
@@mmmjim6607 That is a link to ACCA's youtube channel actually, so I can't change it
Thank you sir
You are welcome
Thank you sir. Very helpful 👍
Happy to help. Good luck next week!
Very informative as always u r providing with suchc a free sources thnx for that sir....
Glad it was helpful
Great video sir
Thanks -- good luck next week!
Great video
Good luck next week!
Hi steve i was failed F5 two times what can ido now?
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Steve first i have to learn this guitar from u other is already ongoing process😄
:D :D :D
Thank you sir
You are welcome
Your vidios always boost my confidence 🥰 thanks for sharing.
My pleasure:)
thanz sir
You are welcome :)