Arrange the following steps of "planning cycle" from START to END :
A. Collect data for evaluation
B. Define programme objectives and how to measure achievement
C. Situational Analysis
D. Plan implementation of Integrated programme
Choose the correct answer from the options given below :
Understanding Planning Cycle Steps
The planning cycle involves a logical sequence of steps to effectively design and implement a program. Let's arrange the given steps:
- C. Situational Analysis: This is the crucial first step. It involves understanding the current context, identifying needs, resources, and potential challenges.
- B. Define Programme Objectives: After understanding the situation, clear objectives must be set. This includes defining what the program aims to achieve and establishing measurable criteria for success.
- D. Plan Implementation: Once objectives are defined, a detailed plan for implementation is developed. This outlines the strategies, activities, timelines, and resources required to achieve the objectives.
- A. Collect Data for Evaluation: This step occurs during and after implementation. It involves gathering relevant data to monitor progress, assess the effectiveness of the program, and evaluate whether the objectives have been met.
Final Sequence of Planning Cycle
Based on the logical flow, the correct order of the planning cycle steps is:
- Situational Analysis (C)
- Define Programme Objectives (B)
- Plan Implementation (D)
- Collect Data for Evaluation (A)
This corresponds to the sequence C, B, D, A.
Important Questions from Project Management
Factors which govern the operating cost of an equipment are :
1. Purchase price of the equipment
2. Depreciation due to regular use
3. Cost of operation, maintenance and repairs
Which of the above statements are correct ?
In Emerson's efficiency plan of wage incentive system, the bonus is paid to-
Match List I with List II
LIST I
(Project Network concepts)
LIST II
(Underlying meaning)
A. Crashing an activity I. Length of the longest path through the project network B. Project Network II. It shows the time and cost when the activity is fully crashed C. Critical path III. It consists of a number of nodes and a number of arcs that connects two different nodes D. Crash point IV. Taking special (costly) measures to reduce the duration of an activity below its normal value Choose the correct answer from the options given below:
The following statements relate to project network. Choose the correct code for the statements being correct or incorrect.
Statement I: An activity cannot be represented by more than one arrow, but an arrow can represent one or more activities.
Statement II : The activities in a critical path can be preponed or postponed.
A public limited company has 9,00,000 shares outstanding at current market price of Rs. 130 per share. The company needs Rs. 2.25 crores to finance its proposed new project. The board of the company has decided to issue rights shares to raise the required money at Rs. 75 per share (as subscription price) to ensure that the rights issue is fully subscribed. How many rights are required to purchase a new share ?
