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Judgement Marks

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Judgement Marks

Post  Moderator1 on Tue Feb 08, 2011 11:29 pm

Dear All,
How to get marks for judgment? 20 marks.Read the report format section, Discussion of Issues in our forum. You get marks for the issues discussed!!! Normally you are required to discuss 4 issues. Marks for all 4 issues are not same. For the time being we can assume as 6,6,4,4. It's a fair assumption.
Always see whether you have discussed financial aspect, stakeholder aspects, business strategy aspect, feasibility aspect, possible risks under each issue.
Then you can gain a high mark. Very Happy
I will post examiner's comments!!!

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Re: Judgement Marks

Post  Gobi on Mon Mar 07, 2011 11:16 pm

Dear Moderator!!

PEG on this Judgement quadrants not yet post,, just remembered to u,, keep up ur good work,, Thanks alot cheers

Gobi

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PEG- Judegement Nov 2010

Post  Moderator1 on Tue Mar 08, 2011 5:25 am


Rationale
This criterion assesses the candidates’ exercise of commercial and professional judgement in discussing the key issues which were prioritised.

Suggested approach
It is important that the candidate discusses the impact the prioritised issues have on the organisation and what alternative actions, with reasons, could be taken to address them. This should include relevant supporting analysis drawn from the “Application” criterion. So for example, if a calculation is made within an appendix, then it should be used in support of the point being made under the relevant heading within this section of the report. It is important
that the financial implications of alternative actions, for each of the issues, are discussed. It is appropriate for a candidate to make reference to his or her SWOT analysis when discussing each of the issues, highlighting their importance.

Marking guide
Marks are awarded for discussing the different aspects of an issue and also for providing appropriate alternative approaches to resolving it. Clearly, the alternative approaches will receive higher marks if they are accompanied with a cogent rationale as to why they are being put forward.

Commentary
The Judgement criterion is extremely important as it provides the facility for candidates to express their full analysis of the issues contained in the case. It is essential that sufficient time and effort is put into carrying out this fundamental analysis. It is not sufficient for a candidate to simply repeat the facts of the case and regard that as his or her analysis. The facts of the case should be used as evidence to support the commentary on the issues. It is essential that candidates state the impact of a particular issue, citing evidence.
Once the impact has been stated then the candidate should consider the alternative actions which could be taken by the organisation in the case study and bring in relevant analysis in support of each item.

The main errors are listed as follows

Simple repetition of the case material without any additional analysis.

Prioritising issues and then not discussing them, possibly due to shortage of time but also due to fundamental lack of analysis

Worse than this though are the candidates who fail to carry out the financial analysis but still proceed to discuss the issue with apparent authority making sweeping statements with no substance to back them up.

Making reference to non-existent appendices.

Over reliance on pre-learned material, especially those which may have appeared in mock examinations.

It is essential that the candidate concentrates his or her mind on the issues contained in the actual case and the unseen material and does not become confused with issues that have either occurred in a previous diet or a mock examination. If the issues are fully considered, with good numerical analysis where appropriate, it is not difficult to produce some alternative approaches which might be adopted by the organisation in the case and for the benefits and disadvantages of each to be expressed. This then naturally leads to the candidate being able to produce a rationale for his or her later recommendations. There is no single right answer to the issues and credit is given for recommendations which are logically supported with a clear rationale, even if these do not correspond with the suggested answer. However, to do this effectively, the candidate must have first analysed the issues in depth. It is this lack of in-depth analysis which causes most candidates to fail the examination.









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Re: Judgement Marks

Post  Gobi on Tue Mar 08, 2011 10:39 pm

Thanks a lot for the swift respond,, its a really helpful stuff,, Thank u again,, keep up the good job Smile

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PEG- Judegement Nov 2010

Post  Moderator1 on Wed Mar 09, 2011 5:44 am

Cool! flower

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