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ACCA - ADVANCED PERFORMANCE MANAGEMENT (APM) QUESTIONS WITH 100% CORRECT ANSWERS

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ACCA - ADVANCED PERFORMANCE MANAGEMENT (APM) QUESTIONS WITH 100% CORRECT ANSWERS

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Application Portfolio Management
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Application Portfolio Management











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Institution
Application Portfolio Management
Course
Application Portfolio Management

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Uploaded on
January 24, 2025
Number of pages
56
Written in
2024/2025
Type
Exam (elaborations)
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Derived from job context and include pay and other material benefits as well as such
matters as working conditions and management style.


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Extrinsic rewards

,Analyse existing process.
Develop and test different theories, identify the key variables and root causes.


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Analyse (DMAIC - Six Sigma)




Hold a high share of low growth, mature market.
They generate more cash than they incur, and so can finance the growth of rising stars
and question marks.


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Cash Cows (BCG Matrix)




The measures which are used to assess whether or not an organisation is achieving its
critical success factors (CSFs). Effective KPIs focus on the processes and activities which
are most important for achieving strategic objectives and performance targets.


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Key performance indicators (KPIs)




How well a company performs, given its asset base.

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Profitability




Define the scope of the project.
Identify customer requirements, clarify the problem, and set goals.


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Define (DMAIC - Six Sigma)




Measures will often focus on quality, delivery time, performance and service.


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Customer Perspective (Balanced Scorecard)




This model suggests that results and detriments should be viewed by the six dimensions
which include:
1. Financial performance.
2. Competitive performance.
3. Quality which can be in relation to reliability, courtesy, competence and availability.
4. Resource utilisation where resources are being used to create outputs.
5. Flexibility where the ability to deliver at the right time in response to customer needs
to be measured.
6. Innovation where developing new products or services to find new, more affective
ways of satisfying customer needs will be measured.

, The dimensions of performance should be set according to the following standards:
Ownership, achievement and equity.


Achievement of standards should be supported by the board:
Clarity, motivation and control ability.


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Fitzgerald and Moon




The difference between the fixed production overhead incurred and the fixed total
production overhead absorbed.


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Fixed production overhead total variance




Measures will include improving key internal processes and creating value for customers.
Measures will often focus on the amount of innovation and success of innovation, and
also achieving long-term targets for improving business processes.


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Innovation and Learning Perspective (Balanced Scorecard)
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