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Last Updated: Sep 03, 2026
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| Section | Weight | Objectives |
|---|---|---|
| Strategy Formulation | 24-28% | - Assess internal and external environment - Define organizational mission, vision, values and strategic direction - Evaluate and select strategic alternatives - Develop strategic objectives and initiatives |
| Engagement | 15-19% | - Build strategic management capabilities and culture - Facilitate innovation and strategic option development - Align leadership and stakeholders around shared vision and goals - Manage knowledge and learning across the organization |
| Preparation for Strategy Transformation | 27-31% | - Establish performance measurement systems - Plan change management and communication - Align resources, capabilities and processes - Design organizational structure and governance to support strategy |
| Strategy Execution, Governance and Evaluation | 26-30% | - Implement strategic plans and monitor progress - Update and adapt strategy based on results and changing conditions - Manage strategic risks and opportunities - Evaluate strategy effectiveness and outcomes |
Question 1
Which of the following differentiates vision from strategy?
A. Vision is "our purpose"; strategy is "our core values and principles"
B. Vision is "our picture of the organization's future"; strategy is "how we plan to go about accomplishing our vision"
C. Vision is "why we are in business"; strategy is "who we are"
D. Vision is "who we are"; strategy is "what products and services we are selling"
Question 2
Which of the following steps is included when conducting an end of project review?
A. Developing a mission statement
B. Developing a customer satisfaction survey
C. Holding a town hall meeting with employees
D. Capturing lessons learned
Question 3
Which of the following skills do project managers MOST need to implement the strategic plan?
A. Manage timelines no matter what transpires
B. Analyze where the project has earned value
C. Be organized to keep track of important information
D. Manage and coordinate people and tasks
Question 4
Senior management needs to identify which of the following to ensure progress in execution of the plan?
A. Financial schedule
B. Communication schedule
C. Schedule for planning team development
D. Regular reporting and monitoring
Question 5
When considering who should lead a planning team, it is appropriate to make sure that the person
A. is true to the organization's values and can inspire others to live them.
B. is comfortable with the organization's values.
C. has values that can take the organization to the next level.
D. subscribes to the same values as the other team members.
Solutions:
| Question 1 Answer: B | Question 2 Answer: D | Question 3 Answer: D | Question 4 Answer: D | Question 5 Answer: A |
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