Project Compliance and Governance Flashcards
7 cards from real PMBOK practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Project Compliance and Governance flashcards as text
A project manager is closing a project and must ensure compliance with contract terms. Which process addresses this?
Answer: Close Procurements
Close Procurements verifies that all contract terms have been fulfilled and formally closes out procurement agreements.
Which of the following BEST illustrates proactive compliance management on a project?
Answer: Building compliance checkpoints into the project schedule before work begins
Proactive compliance management means embedding compliance checkpoints and reviews into the schedule before issues arise, not reacting after violations occur.
A regulatory body issues a new safety standard mid-project. Using PMBOK principles, what is the project manager's FIRST action?
Answer: Assess the impact of the new standard on scope, cost, and schedule, then submit a change request
The project manager should perform an impact assessment and submit a formal change request to address the new regulatory requirement through integrated change control.
Which component of the project management plan MOST directly guides how compliance issues will be identified and managed?
Answer: Quality management plan
The quality management plan defines standards, audits, and review processes that are central to identifying and managing compliance issues.
A project has a governance gate review at phase completion. The project fails the review. What typically happens NEXT?
Answer: The project is either placed on hold, redirected, or terminated based on the review outcome
Failing a governance gate review leads to a formal decision — hold, redirect, or terminate — based on the severity of the issues identified.
When managing a multi-vendor project, governance BEST ensures vendor compliance through which mechanism?
Answer: Contractual performance standards with defined deliverables and audit rights
Contractual performance standards with audit rights are the strongest governance mechanism for ensuring vendor compliance across multiple suppliers.
In PMBOK, who has final authority to approve a project's governance framework?
Answer: The project sponsor or sponsoring organization
The project sponsor or sponsoring organization holds ultimate authority for approving the governance framework that oversees the project.