PFMP · Question #631
Your dry foods company is faced with new regulations that dramatically change what is to be included in each product to put on redesigned food labels. The objective of the regulations is to help…
The correct answer is C. Portfolio performance plan. A portfolio performance plan documents how the portfolio will achieve its objectives, including regulatory compliance targets. When faced with mandatory regulations (like new food labeling rules) that must be met within a defined timeframe (six months), the portfolio manager's…
Question
Your dry foods company is faced with new regulations that dramatically change what is to be included in each product to put on redesigned food labels. The objective of the regulations is to help reduce obesity in the citizens in your country so they are aware of trans-fat food. You must be in complete compliance with these regulations in six months. As the portfolio manager you must document how you will address these regulations in a:
Options
- ADetailed report to the Portfolio Review Board
- BMeeting with all employees as some existing components will be deferred to meet the
- CPortfolio performance plan
- DPortfolio communications plan
How the community answered
(20 responses)- A5% (1)
- B15% (3)
- C75% (15)
- D5% (1)
Explanation
A portfolio performance plan documents how the portfolio will achieve its objectives, including regulatory compliance targets. When faced with mandatory regulations (like new food labeling rules) that must be met within a defined timeframe (six months), the portfolio manager's primary responsibility is to document the portfolio's response as a performance objective-capturing what changes are required, timelines, and success criteria. A communications plan (D) addresses how information is shared, not how compliance will be achieved. A detailed report (A) is a one-time deliverable, not a governing plan. Deferring components (B) is a tactic, not a documentation artifact.
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