CIMA Performance Pillar Cost Planning and Analysis for Competitive Advantage

CIMA Performance Pillar Cost Planning and Analysis for Competitive Advantage :  The syllabus structure and learning outcomes

The P2 syllabus is split into 4 topic areas:

• Pricing and Product Decisions (30%)
•  Cost Planning and Analysis for Competitive Advantage (30%)
•  Budgeting and Management Control (20%)
•  Control and Performance Measurement of Responsibility Centres (20%)

CIMA Performance Pillar Cost Planning and Analysis for Competitive Advantage :

CIMA Performance Pillar Cost Planning and Analysis for Competitive Advantage :

 A percentage weighting is shown against each topic area. This is provided as a guide to the proportion of study time each area requires. The study weightings also indicate the approximate proportional distribution of marks that will be allocated to topics in any single exam.

It is essential that all areas in the syllabus are studied, since any single exam question may examine more than one topic.

Each subject within the syllabus is divided into a number of broad syllabus topics. The topics contain one or more lead learning outcomes, related component learning outcomes and indicative knowledge content.

CIMA Performance Pillar Cost Planning and Analysis for Competitive Advantage : 

A learning outcome has two main purposes:

(a) to define the skill or ability that a well prepared candidate should be able to exhibit in the examination

(b) to demonstrate the approach likely to be taken in examination questions.

CIMA Performance Pillar Cost Planning and Analysis for Competitive Advantage : Pre-requisites for studying P2 Performance Management

Before you can take any Operational or Management level exam you must have either passed, or been exempt from, all of the five CIMA Certificate in Business Accounting assessments.

The material included in any of the syllabi for the CIMA Certificate in Business Accounting qualification may also be relevant for related subjects as you progress through the qualification.

If you have accepted exemptions from any of the Certificate or Operational subjects, or you have been offered exemptions, you should take a look at the syllabus for the exempt subject and make sure that you are confident that you have a thorough knowledge and understanding of all syllabus areas before accepting the exemption. If you feel that you have any knowledge gaps then you should make sure that you spend some time refreshing your knowledge in these areas.

Please note that the knowledge and understanding acquired at the lower levels of CIMA’s qualification is assumed knowledge at the higher levels and the exams at the higher levels require a good understanding of the preceding knowledge, so that you are able to apply it in the context of the higher level learning.

CIMA Performance Pillar Cost Planning and Analysis for Competitive Advantage : Study routes for P2 Performance Management

There is no set order in which you must attempt the Operational and Management level papers.

You can sit Operational and Management level papers at the same time. We advise students to pass the Operational level paper before attempting the Management level paper in the same pillar, therefore P1 before P2, E1 before E2 and F1 before F2. It is however possible to be concurrently studying and sitting an operational level paper in one pillar and a management level paper in another pillar (for example P1 and F2) or both the Operational level and Management level papers from the same pillar (for example P1 and P2)

CIMA Performance Pillar Cost Planning and Analysis for Competitive Advantage : Assessment strategy and assessment information

Each of the Professional qualification exams is 3 hours along, with a further 20 minutes of pre-exam reading time. The P2 exam paper will have the following sections;

• Section A (50 marks) – Five compulsory medium answer questions, each worth ten marks. Short scenarios may be given, to which some or all questions relate.
• Section B (50 marks) – one or two compulsory questions. Short scenarios may be given, to which questions relate.

The pass mark for each exam is 50%.

CIMA Performance Pillar Cost Planning and Analysis for Competitive Advantage :