Project Governance and Compliance Flashcards
7 cards from real Project Management 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 Governance and Compliance flashcards as text
A project manager discovers that a vendor is not adhering to the contract's quality standards. What is the FIRST step the PM should take?
Answer: Document the non-compliance and notify the vendor formally
Formal documentation and notification creates a compliance record and gives the vendor an opportunity to remedy the issue before escalation.
Which governance artifact formally defines the decision-making authority levels for a project?
Answer: Delegation of Authority Matrix
A Delegation of Authority Matrix specifies who has authority to make decisions at various spending or risk thresholds.
A regulatory body introduces new environmental compliance requirements mid-project. How should the project manager handle this?
Answer: Initiate an integrated change control process to assess impact
Integrated change control evaluates the impact on scope, schedule, cost, and risk before deciding how to comply.
What is the PRIMARY purpose of a Project Management Office (PMO) in relation to governance?
Answer: To standardize project processes and ensure adherence to organizational policies
A PMO establishes and enforces consistent project management standards, templates, and governance frameworks across the organization.
During a phase-gate review, the steering committee finds the project is 30% over budget but on schedule. What is the MOST appropriate governance action?
Answer: Approve continuation only if a corrective action plan is submitted
Phase-gate governance requires a corrective plan before authorizing continuation when a key constraint is significantly breached.
Which of the following BEST describes a compliance audit in project management?
Answer: A structured review to determine whether project activities conform to policies, standards, and regulations
A compliance audit systematically verifies that project processes and outputs meet defined standards, regulations, and contractual requirements.
A project manager is asked to approve an expenditure that exceeds their delegated authority. What should they do?
Answer: Escalate the decision to the appropriate authority level
Exceeding delegated authority requires escalating to the next governance level; circumventing this process violates project governance.