ACCA Performance Management (F5) Certification Practice Exam

What type of planning focuses on ensuring specific day-to-day tasks are executed efficiently?

1. Strategic Planning

2. Operational Planning

3. Tactical Planning

4. Contingency Planning

The correct answer is: Operational Planning

Operational planning is centered around the implementation and management of day-to-day activities within an organization. This type of planning emphasizes the efficiency and effectiveness of routine operations, ensuring that specific tasks are carried out smoothly and in alignment with the overall objectives of the organization. Operational planning typically translates the broader goals identified through strategic and tactical planning into actionable and specific tasks. It involves detailing processes, assigning responsibilities, and establishing timelines, which are crucial for achieving the day-to-day operational goals. This level of planning is essential for maintaining organizational effectiveness and ensuring that resources are utilized optimally for everyday functions. On the other hand, strategic planning involves long-term goals and the overarching vision of the organization, while tactical planning bridges the gap between strategy and operations by outlining specific actions needed to achieve the strategic goals. Contingency planning is focused on preparing for unexpected events and outlining processes to respond to potential crises. Each of these other types of planning has its distinct focus, but operational planning uniquely targets the efficiency of daily tasks.