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IASPStrategy Planning Professional Exam Sample Questions:

1. Senior management needs to identify which of the following to ensure progress in execution of the plan?

A) Schedule for planning team development
B) Financial schedule
C) Communication schedule
D) Regular reporting and monitoring

2. When starting a strategic planning effort, which of the following should be developed FIRST?

A) Objectives
B) Vision and mission
C) Performance measures and targets
D) Future initiatives

3. When should the chief executive, senior management team, and the planning department begin addressing potential obstacles to implementation of the strategic plan?

A) At the formal kickoff of the strategic plan implementation
B) During the operational/business unit planning steps
C) At the formal kickoff of the strategic planning process
D) During the current state assessment step in strategic planning

4. True or False: Middle managers are exclusively responsible for the development of scenarios to influence the organization's strategic direction.

A) False
B) True

5. Risk management is BEST described as a process for

A) identifying risks and mitigation strategies.
B) sourcing a complete set of risk options.
C) evaluating the probability of risks.
D) classifying types of risks.

Solutions: