Performance Management

This module will evaluate and apply the principles of decision-making under risk and uncertainty. Application of the principles of transfer pricing, decentralisation and variances  are core to this module.

1. Apply and critically evaluate techniques used in decision-making

2. Undertake sensitivity analysis and assess the impact of risk in decision-making using probability analysis, expected value tables and decision trees

3. Evaluate and apply different methods of establishing transfer prices and discuss the related behavioural issues

4. Apply and evaluate advanced variance analysis techniques and evaluate standard costing oin the modern environment

5. Apply, evaluate and compare the methods of assessing divisional performance

6. Evaluate strategic performance techniques in the modern environment

7. Evaluate performance management information systems