Project Management Project Governance and Compliance 2

Question 1

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?

Accepted Answer

Document the non-compliance and notify the vendor formally

Answer

Formal documentation and notification creates a compliance record and gives the vendor an opportunity to remedy the issue before escalation.

Question 2

Which governance artifact formally defines the decision-making authority levels for a project?

Accepted Answer

Delegation of Authority Matrix

Answer

A Delegation of Authority Matrix specifies who has authority to make decisions at various spending or risk thresholds.

Question 3

A regulatory body introduces new environmental compliance requirements mid-project. How should the project manager handle this?

Accepted Answer

Initiate an integrated change control process to assess impact

Answer

Integrated change control evaluates the impact on scope, schedule, cost, and risk before deciding how to comply.

Question 4

What is the PRIMARY purpose of a Project Management Office (PMO) in relation to governance?

Accepted Answer

To standardize project processes and ensure adherence to organizational policies

Answer

A PMO establishes and enforces consistent project management standards, templates, and governance frameworks across the organization.

Question 5

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?

Accepted Answer

Approve continuation only if a corrective action plan is submitted

Answer

Phase-gate governance requires a corrective plan before authorizing continuation when a key constraint is significantly breached.

Project Management Practice Test

Project Management Practice Test

Project Management Project Governance and Compliance 2