Compliance and Business Value Flashcards

A project operating under an agile framework must still meet GDPR data privacy requirements. How should the team handle compliance in sprints?

Answer: Embed compliance acceptance criteria into relevant user stories throughout the project

Embedding compliance criteria directly into user stories ensures regulatory requirements are met incrementally rather than deferred.

What is the PRIMARY purpose of a compliance register in project management?

Answer: Document all applicable regulations, standards, and contractual obligations and their status

A compliance register catalogs all applicable requirements and their current status to ensure nothing is overlooked.

A project manager is asked to demonstrate business value to an executive steering committee mid-project. Which evidence is MOST compelling?

Answer: Early benefit metrics showing progress toward strategic KPIs

Executives care about strategic outcomes; early benefit metrics tied to KPIs directly demonstrate business value progress.

Which of the following BEST describes the relationship between project governance and compliance?

Answer: Governance establishes authority structures, while compliance ensures adherence to applicable rules within those structures

Governance defines the decision-making framework, and compliance ensures project activities conform to regulations, policies, and standards within that framework.

A project manager learns that a recently passed regulation will require significant rework of a nearly complete deliverable. The BEST course of action is to:

Answer: Raise a change request to incorporate the new regulatory requirement and update the business case

New regulations that affect project scope require a formal change request and business case update to remain compliant.

An organization's project selection committee prioritizes projects based on Net Present Value (NPV). A project with a positive NPV but negative societal impact is proposed. How should the project manager advise?

Answer: Flag the societal impact as a risk and include it in the business case for decision-maker review

The project manager's role is to surface all material factors—including societal impact—so decision-makers have complete information.

During project execution, a team member reports a potential ethics violation by a key vendor. The project manager should FIRST:

Answer: Document the report and investigate through the organization's established ethics process

Ethics violations must be handled through the organization's formal ethics process, starting with documentation and investigation.