Introduction to SH Group International Planning Session

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Questions and Answers

What is the primary purpose of planning?

  • To make decisions based on logical thinking
  • To ensure efficient resource allocation
  • To create strategies for achieving goals (correct)
  • To think before taking action

What are the characteristics of planning according to the text?

  • Predicting the future and making rational decisions (correct)
  • Spontaneous decision making
  • Reacting to unforeseen circumstances
  • Visualizing the past and present

What is the age at which Henri Fayol introduced his ideas about management?

  • 80
  • 70 (correct)
  • 50
  • 60

What is the SMART Objective framework used for in SH Group International's planning process?

<p>To guide the development of tactics for achieving goals (A)</p> Signup and view all the answers

What does planning help in doing, as mentioned in the text?

<p>Deciding in advance the way to deal with situations (A)</p> Signup and view all the answers

How does planning contribute to achieving a desired goal and/or objective?

<p>By thinking about the activities required in advance (B)</p> Signup and view all the answers

What is the fundamental management function involving deciding beforehand?

<p>Planning (A)</p> Signup and view all the answers

According to AACE International, what is Planning based on?

<p>Applied logic (C)</p> Signup and view all the answers

What is the hierarchical decomposition of the total scope of work called?

<p>Work Breakdown Structure (WBS) (A)</p> Signup and view all the answers

Which process involves deciding on how the schedule will be developed and managed?

<p>Project Scheduling (C)</p> Signup and view all the answers

What is an effort needed to complete a work package called?

<p>Activity (C)</p> Signup and view all the answers

Which element is NOT considered as a resource in project management?

<p>Money (D)</p> Signup and view all the answers

What does the WBS structure reflect?

<p>The way in which work will be performed and how cost and schedule data will be summarized and reported (C)</p> Signup and view all the answers

Which management function involves influencing people to achieve the organization's goals?

<p>Leading (B)</p> Signup and view all the answers

What does the process of 'Determine Activities' involve?

<p>Defining the activities needed to complete work packages (D)</p> Signup and view all the answers

What is the primary purpose of 'Current Situation Analysis' in strategic thinking?

<p>To assess the current state of affairs (B)</p> Signup and view all the answers

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