XYZ is a privet company planning to open a new department and hire new employees. A. What type of plan must be adopted by XYZ company? Why? B. Explain any two planning tools and techniques with suitable examples?
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- The ideal outcome of the planning process group is to complete a project successfully by delivering the agreed-upon project scope within time, cost, and quality constraints Select one: True False Initiating involves developing a project charter, which is part of the project ______ management knowledge area. Select one: a. scope b. risk c. communications d. integration Estimate activity resources output Select one: a. Activity list, activity attributes, milestone list, project management plan updates b. Project schedule network diagrams, project documents updates c. Activity resource requirements, resource breakdown structure, project documents updates d. Schedule management plan As time progresses, the scope of a project should become ... Select one: a. more clear and specific b. more vague c. more ambiguous d. more difficultWhich type of plan is used for one time or for an event only? a. Strategic Plan b. Single Use Plan c. Budget d. Contingent PlanGeneral guidelines for making decisions or taking action in response to a particular event are known as? a. procedures b. regulation c. policies d. none of the above In organizations, effective planning typically involves: Select one: a. determining or revising the organization's mission and goals b. formulating strategy c. implementing strategy d. all of the above
- A plan is prepared that is long-term in nature and it was decided what activities will be done for achieving the plan. It was also decided how many employees will be needed, capital for achieving goals, and what type and how big of an office or land is needed for achieving this plan. Which hierarchy of plan is discussed? a. Strategy b. Procedures c. Policies d. ObjectivesThe head of the department of a manufacturing organization is expected to lead the monthly production meeting. Explain how will be planning the meeting.explain?It is the process of determining the special activies to be accomplished towards the end objectives a) evaluationg b) executing c) organizing d) controlling
- which is a better planning tool: Benchmarking or forecasting?The senior management team at ABC Corp. are assessing where a recent project went wrong. There were issues at all areas of management but the item that most strongly suggests that there may have been planning failures is ________. Question 14 options: A) the controlling issues the project experienced were commonly experienced by other project leaders in this industry B) suppliers of components for the project had to produce at maximum capacity which turned out to be impossible C) even if planning had been effective, the project would have failed due to management style D) there was a failure to monitor production output E) two employees who were assigned to the project couldn't stand each otherOne major source for product changes might be due to cost improvement that could results in a cost-effective change in the product. Choosing a project from the portfolio can be conducted by using SWOT ANALYSIS. No Decision Making Processes is required. True or False?