PFMP · Question #605
Your company has a stated policy that all stakeholders are to be treated in an ethical manner. It is one of the largest project management training firms in the world and is a Registered Educational P
The correct answer is B. Considered as a legitimate right. The correct answer is B - Considered as a legitimate right. In portfolio management and professional ethics frameworks, ethical treatment of stakeholders is recognized as a legitimate right that stakeholders inherently possess - not merely a documented policy, a communication str
Question
Your company has a stated policy that all stakeholders are to be treated in an ethical manner. It is one of the largest project management training firms in the world and is a Registered Educational Provider with the Project Management Institute as well as with other associations. It is active in portfolio management to ensure it is offering the most beneficial products and services, both leading edge and traditional, to its customers. Its policy toward its stakeholders is:
Options
- ADocumented in the stakeholder expectations plan
- BConsidered as a legitimate right
- CPart of the portfolio communications strategy
- DA portfolio governance process
How the community answered
(25 responses)- A8% (2)
- B72% (18)
- C4% (1)
- D16% (4)
Explanation
The correct answer is B - Considered as a legitimate right. In portfolio management and professional ethics frameworks, ethical treatment of stakeholders is recognized as a legitimate right that stakeholders inherently possess - not merely a documented policy, a communication strategy, or a governance process. The PMI Standard for Portfolio Management frames stakeholder ethics as a fundamental obligation rooted in the principle that stakeholders have legitimate rights to fair, honest, and respectful treatment. While the policy may also be documented or communicated, at its core it reflects a recognition of stakeholder rights.
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