PFMP · Question #731
Before any information in your web-based technology company is communicated externally, it must be submitted to the company's Public Relations Department to ensure sensitive information is not…
The correct answer is D. State this requirement in the communication plan. The communication plan is the authoritative document that governs how all communications are managed for the portfolio. Stating the PR Director sign-off requirement in the communication plan formally documents the policy, ensures it is consistently enforced, and makes it…
Question
Before any information in your web-based technology company is communicated externally, it must be submitted to the company's Public Relations Department to ensure sensitive information is not disclosed inadvertently to competitors. The Public Relations Director must sign off on all external information. You need to, as the portfolio manager:
Options
- AMake sure your team is aware of this requirement
- BMeet with this Director to explain the purpose of the communication
- CLimit the frequency of external communications to stockholders
- DState this requirement in the communication plan
How the community answered
(26 responses)- A4% (1)
- B15% (4)
- C8% (2)
- D73% (19)
Explanation
The communication plan is the authoritative document that governs how all communications are managed for the portfolio. Stating the PR Director sign-off requirement in the communication plan formally documents the policy, ensures it is consistently enforced, and makes it visible to all stakeholders. Option A (making the team aware) is insufficient on its own-awareness fades and is not enforceable without documentation. Option B (meeting with the Director) may be a courtesy but is not the portfolio manager's primary responsibility here. Option C (limiting frequency) is counterproductive and restricts legitimate stakeholder communication. Only by embedding the requirement in the communication plan does it become a governed, repeatable process.
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