Project Management Project Governance and Compliance 3

Question 1

Which document establishes the governance framework for a specific project, including roles, responsibilities, and decision-making processes?

Accepted Answer

Project governance plan

Answer

The project governance plan is dedicated to defining how the project will be governed, including escalation paths and decision rights.

Question 2

A project team member reports a potential ethics violation by a subcontractor. What governance mechanism should the PM invoke FIRST?

Accepted Answer

Follow the organization's ethics reporting and investigation procedure

Answer

Organizations have established ethics reporting mechanisms that ensure violations are handled consistently, fairly, and in compliance with legal requirements.

Question 3

What is the role of a project steering committee?

Accepted Answer

To provide strategic oversight, resolve escalated issues, and approve major changes

Answer

A steering committee provides high-level governance by making strategic decisions, approving significant changes, and removing organizational barriers.

Question 4

Data privacy regulations (e.g., GDPR) require that personal data be handled in specific ways. If a project collects user data, when should compliance requirements be incorporated?

Accepted Answer

During project initiation and planning, before data collection begins

Answer

Compliance requirements must be identified and built into the project plan from the start to avoid costly rework or legal exposure.

Question 5

Which PMI ethical standard requires project managers to report accurate information even when it is unfavorable?

Accepted Answer

Honesty

Answer

PMI's Code of Ethics emphasizes honesty, which requires truthful and accurate reporting regardless of whether the information is favorable or unfavorable.

Project Management Practice Test

Project Management Practice Test

Project Management Project Governance and Compliance 3