Nature of Planning Flashcards

1
Q

What does planning mean?

A

Range of Ideas

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2
Q

Planning is The?

A

Initial Action

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3
Q

Range of ideas has 2 types:

A

Goals and Action Plan

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4
Q

Goals is?

A

Target and Result

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5
Q

Action plan is?

A

Strategies and Steps

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6
Q

Strategies and Steps follow?

A

SMART Criteria

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7
Q

SMART Criteria stands for:

A

S-SPECIFIC
M-MEASURABLE
A-ATTAINABLE
R-RELEVANT
T-TIME-BOUND

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8
Q

Specific is?

A

Well-Defined

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9
Q

Measurable:

A

Provides a reliable way

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10
Q

Attainable:

A

Can be done

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11
Q

Relevant:

A

Makes sense in helping

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12
Q

Time-Bound:

A

Follows a clear deadline

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13
Q

KPI stands for?

A

Key Performance Indicator

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14
Q

CAP stands for?

A

Connective Action Plan

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15
Q

4M’s Stands for?

A

Man Power
Machine
Materials
Method

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16
Q

This plan establishes long-term vision, mission. covers the external analysis. And the top manager and key stake holder.

A

Strategic Plan

17
Q

A short-term plan, objectives and strategies

A

Tactical Plan

18
Q

Day-to-Day activities, also uses KPI. Single-use plans are task-specific plans. Standing plans- for the regular activity

A

Operational Plan

19
Q

It is used when there are upcoming risks and uncertainties

A

Contingency Plan

20
Q

Strategic Plan’s primary inputs are?

A

Vision, Mission and Core Values