The plan outlining how to implement the Five-Year plan is called what?

• A. Strategic plan
• B. Financial plan
• C. Compliance plan
• D. Operational plan

Answer: (D)

Translating a multi-year strategy into concrete actions with assigned owners, timelines, and required resources is what an operational plan does. It lays out the day-to-day steps needed to carry out the Five-Year plan, answering what tasks must be done, who is responsible, when each task should be completed, and what resources are needed. This makes the strategy actionable and trackable over the years, with milestones to monitor progress. A strategic plan sets direction and ambitions but doesn’t spell out execution details. A financial plan focuses on budgeting and funding, not the sequence of activities. A compliance plan concentrates on rules and adherence, not on implementing the strategy. So the operational plan best fits as the document that shows how to implement the Five-Year plan.