Planning Tools & Technique

Question 1

•Compares organizational
performance or
processes against
industry standards or
best practices.

Answer 1

Benchmarking

Question 2

Explores and prepares for multiple
future scenarios by assessing
various potential future events and
their impact.

Answer 2

Scenario Planning

Question 3

Analyzes external factors
affecting an organization:
Political, Economic, Social,
Technological, Environmental,
and Legal.

Answer 3

PESTEL Analysis

Question 4

Defines goals that are
Specific, Measurable,
Achievable, Relevant, and
Time-bound.

Answer 4

SMART goals

Question 5

Identifies Strengths,
Weaknesses, Opportunities, and
Threats related to a business or
project.

Answer 5

SWOT Analysis