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ACCA P3 Examiner's Report

10 November 2017

P3

General Comments
The syllabus for P3 is very broad, admits the examiner, and is unlikely to be covered in its entirety during a short, taught course.
The examiner asked lecturers to ensure they signpost the remaining content to candidates for their own learning.
He says it is apparent in exam papers that some areas have been missed by candidates, or at least not in sufficient depth.

Q1
Part a) required candidates to analyse the strategic change by applying given elements of the Balogun and Hope Hailey model, with the use of performance data. For part b) candidates needed to use the POPIT model. The final part of this question focused on the customers and why they may not accept changes.

Q2
Started with a discussion of Mendelow’s matrix and the application of the matrix to given stakeholder groups. Part b) required a discussion of the responsibilities of named project personnel.

Q3
Part a) required the preparation of a decision tree and an evaluation of the options and the method and data used. Candidates were then asked to discuss the forms of finance which could be used for the selected option.

Q4
This covered a topic that usually appears in Q1 – a SWOT analysis and an Ansoff’s matrix.

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