HOUSE OF PROFESSIONAL EXCELLENCE

E-2 MAY 2011 IMPORTANT

■ Porter’s Five Forces model and its use for assessing

the external environment
■ Porter’s Diamond and its use for assessing the
competitive advantage of nations
■ Perspectives on the strategic management of the firm
including transaction cost, resource-based view and
ecological perspective
■ Approaches to strategy (e.g. rational, adaptive,
emergent, evolutionary or system based views
■ understanding different level of strategies and its
relation-ship
■ culture classification and importance.
■ ways in which conflict can be managed to ensure that
working relationships are productive and effective
■ nature and effect of legal issues affecting work and
employment
■ Managing the finance function to maximise its value
to the organisation through lean operation
■ management relationships with professional advisers
to meet organization objectives
■ basic knowledge of corporate governance corporate
governance
■ CIMA Code of Ethics
 ■ systems of control within the organisation
■ 4-D & 7-S models (project management)
■ nine key process areas (PMI)
■ Work Breakdown Structure, network diagrams
(Critical Path Analysis), Gantt charts, resource
histograms.
■ PRINCE2 and their implications for project staff
■ planning and buffering to make provision for
uncertainty in projects, as part of the risk and
opportunities management process.
■ matrix organisations, and their impact on project
achievement
■ Project completion, documentation, completion
reports and system close-down
■ The use of post-completion audit and review activities
and the justification of their costs
■ Stakeholders both process and final outcome, their
power, interest, and their needs and expectations in
project
■ understand concept of power, authority, bureaucracy,
leadership, responsibility and delegation and their
application within an organisation and outside it

Good luck for your examination

Regards MUHAMMAD HARIS

hope@inbox.com.pk