The Impact Principle Flashcards
The Impact Principle is a framework used to analyze and evaluate the _________ of a particular event or situation.
a) Cause and effect
b) Cost and benefit
c) Consequence and outcome
d) Action and reaction
c) Consequence and outcome
What is the main focus of the Impact Method?
a) Shifting the mindset from thinking in terms of deliverables to thinking in terms of impact
b) Reducing the project duration
c) Increasing the project budget
d) Expanding the project scope
a) Shifting the mindset from thinking in terms of deliverables to thinking in terms of impact
What is the primary goal of the Impact Case?
a) To outline the project timeline
b) To identify the project deliverables
c) To define the key business and behavioral impacts to target
d) To track project expenses
c) To define the key business and behavioral impacts to target
Which of the following best describes the core objective of the Impact Principle?
a) To maximize positive impacts
b) To minimize negative impacts
c) To balance positive and negative impacts
d) To predict impacts accurately
c) To balance positive and negative impacts
The Impact Principle consists of three key components: ________, ________, and ________.
a) Progression, evaluation, solution
b) Identification, measurement, adjustment
c) Analysis, synthesis, evaluation
d) Stimulus, response, outcome
b) Identification, measurement, adjustment
According to the Impact Principle, what is the first step in analyzing an event or situation?
a) Identifying the stakeholders involved
b) Measuring the monetary value of the impact
c) Assessing the long-term consequences
d) Estimating the probability of occurrence
a) Identifying the stakeholders involved
What are the key components of the Impact Principle?
a) Scope, cost, and time
b) Impact, flow, and leadership
c) Impact solution design, pulse check, and results
d) Efficiency, optimization, and flexibility
c) Impact solution design, pulse check, and results
How does the Impact Principle aim to reduce the time to impact in projects?
a) By extending project timelines
b) By focusing on stakeholder satisfaction
c) By promoting impact solution design
d) By increasing project costs
c) By promoting impact solution design
What is the purpose of the “Pulse Check” as part of the Impact Principle?
a) To measure the project’s financial performance
b) To assess the project’s impact on stakeholders
c) To evaluate the project’s adherence to the schedule
d) To monitor the project’s progress and impact
d) To monitor the project’s progress and impact
Which of the following best describes the concept of “ripple effects” in the context of the Impact Principle?
a) Immediate and direct impacts
b) Indirect and secondary impacts
c) Long-term and sustainable impacts
d) Resilient and adaptive impacts
b) Indirect and secondary impacts
The Impact Principle encourages the consideration of both ________ and ________ impacts.
a) Intended, accidental
b) Positive, negative
c) Internal, external
d) Short-term, long-term
b) Positive, negative
True or False: The Impact Principle only applies to business organizations.
a) True
b) False
b) False
Which of the following is NOT a primary purpose of conducting an impact analysis?
a) To gain a better understanding of potential consequences
b) To inform decision-making processes
c) To assign blame and responsibility
d) To enhance accountability and transparency
c) To assign blame and responsibility
The Impact Matrix is a tool used to identify and prioritize impacts based on their ________ and ________.
a) Severity, probability
b) Scale, significance
c) Frequency, magnitude
d) Relevance, urgency
a) Severity, probability
According to the Impact Principle, an effective mitigation strategy should focus on ________.
a) Eliminating all impacts
b) Minimizing negative impacts
c) Maximizing positive impacts
d) Balancing positive and negative impacts
b) Minimizing negative impacts
