Thursday, January 24, 2013

How to utilize the T4 20 minutes



The 20 minutes reading time in Cima exams are very important and often the deciding factor between success and failure. However when it comes to T4 exam it becomes highly important due to its time constrained nature.

As in T4 exam the game is all about prioritization, lay out and calculation. So its recommended that in these 20 min students must not to forget to work upon the techniques.

So here are my tips to do as soon as you get hold of T4 question paper

  • Immediately look out for priorities. The criteria for priorities is impact and urgency. For example if an issue has impact (low market share of a product if the decision is not undertaken in short time) then it will top the list. And it will be higher than the high urgency issue (where in two days you have to address the report to the board – of a small scale opportunity with low revenue/profit etc).
  • After setting out the priorities, points regarding the discussion in the report should be written but care should be taken to not to waffle.
  • Calculation is the second most important thing to be done in the 20 minutes after setting the priorities as not only will it get you the application marks of 15 but also will set out the direction of the report. Thus a candidate can verify/ reassess their priorities further. However its advisable to not to be incessant over it.
  • And if the time remains then 5 minutes should be spent on introduction lay out, conclusion and drawing charts for appendix, SWOT /PESTEL.

This can not be done unless practiced a number of times with the available mocks or previous past papers with preferably an ashranti time calculator.

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