CP3 – Communications Practice

5 sections available · 15 chapters available

Free CP3 – Communications Practice revision notes for IFoA (Institute and Faculty of Actuaries) students. Each chapter covers a key topic with worked examples and practice prompts you can take straight into the thinka app.

Identify relevant information and appropriate content

  • Identify key information that must be conveyed in order for a communication to meet the objectives

  • Assess what information is not necessary and may, if included, detract from communicating effectively

  • Use numbers in a way that is appropriate for the intended recipient(s), given the objectives of the communication

  • Be able to justify the choice of information and content

Use an effective structure

  • Prepare an appropriate structure for a specific communication objective

  • Justify the choice of structure

Adopt appropriate language

  • Assess what terminology will be easily understood by the intended recipient(s)

  • Explain or define necessary technical terms at an appropriate level of detail for the intended recipient(s)

  • Justify the choice of language and terminology

Include appropriate explanation

  • Sufficient explanatory steps

  • Effective explanation

  • Appropriate level of detail

  • Technically correct information that is not misleading

Incorporate effective communication tools

  • Set out information using simple and effective communication tools (visual presentation of numerical information, diagrams or pictures, bullet points)

  • Justify the choice of communication tool(s) for presenting numerical information

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