HOUSE OF PROFESSIONAL EXCELLENCE

E-2 MAY 2011 IMPORTANT

Porters Five Forces model and its use for assessing the external environment Porters 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