CPD CPD Project Governance & Compliance

Question 1

What is the primary purpose of a project governance framework in a CPD-managed program?

Accepted Answer

To define decision-making authority, accountability, and oversight structures

Answer

To eliminate all project risks

Answer

To replace the project sponsor's role

Answer

To automate project scheduling

Question 2

Which governance document formally authorizes a project and gives the project director authority to use organizational resources?

Accepted Answer

Project Charter

Answer

Project Management Plan

Answer

Scope Statement

Answer

Risk Register

Question 3

A CPD candidate must ensure regulatory compliance across multiple jurisdictions. What is the BEST approach?

Accepted Answer

Develop a compliance matrix mapping requirements to project deliverables

Answer

Ignore regulations that conflict with project timelines

Answer

Delegate all compliance responsibility to legal counsel

Answer

Apply only the most lenient jurisdiction's rules

Question 4

In project governance, what does the term 'separation of duties' primarily prevent?

Accepted Answer

Fraud and errors by ensuring no single person controls all aspects of a critical process

Answer

Scope creep

Answer

Resource over-allocation

Answer

Schedule slippage

Question 5

Which body is typically responsible for approving major project changes in a formal governance structure?

Accepted Answer

Change Control Board (CCB)

Answer

Project team

Answer

Project scheduler

Answer

Quality assurance team

Question 6

A project director discovers that a vendor is not complying with contractual data security requirements. What is the FIRST action?

Accepted Answer

Document the non-compliance and formally notify the vendor per contract terms

Answer

Immediately terminate the contract

Answer

Report directly to executive leadership without documentation

Answer

Ignore it if the project is on schedule