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    PracticeACCAACCA PM — Performance Management Practice Exam 3Question 29
    Medium2 marksMultiple Choice
    Performance measurement and controlPerformance MeasurementBuilding Block Model

    ACCA · Question 29 · Performance measurement and control

    Section B - Case 3: GlobalCare

    GlobalCare is an international NGO focused on providing clean drinking water in developing nations.

    The board is considering using Fitzgerald and Moon's Building Block model to design a new performance measurement system.

    Which of the following is NOT one of the three main categories in the Building Block model?

    Answer options:

    A.

    Dimensions

    B.

    Standards

    C.

    Rewards

    D.

    Perspectives

    How to approach this question

    Recall the structure of Fitzgerald and Moon's model: Dimensions, Standards, and Rewards.

    Full Answer

    D.Perspectives✓ Correct
    Fitzgerald and Moon's Building Block model is specifically designed for service industries and consists of three main blocks: Dimensions (what to measure), Standards (how to set targets), and Rewards (how to motivate staff). 'Perspectives' (Financial, Customer, Internal, Learning) are the core of the Balanced Scorecard.

    Common mistakes

    Mixing up the components of the Building Block model with the Balanced Scorecard.
    Question 28All questionsQuestion 30

    Practice the full ACCA PM — Performance Management Practice Exam 3

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