Project Management Project Governance and Compliance 5

Question 1

A project manager is managing a government contract that requires specific documentation be retained for seven years after project closure. This is an example of:

Accepted Answer

Records retention compliance requirement

Answer

Government contracts frequently impose records retention requirements that are legal compliance obligations the project and organization must meet long after closure.

Question 2

In a matrix organization, a project manager disagrees with a functional manager's resource allocation decision that violates project governance policy. What should the PM do?

Accepted Answer

Escalate through the established governance channel (e.g., PMO or sponsor)

Answer

In a matrix organization, governance conflicts between project and functional authority should be escalated through the defined governance structure, such as the PMO or project sponsor.

Question 3

Which of the following BEST describes the concept of 'tone at the top' in project governance?

Accepted Answer

Senior leadership modeling and reinforcing ethical and compliance behavior that cascades through the organization

Answer

Tone at the top refers to the culture and behaviors demonstrated by senior leaders, which strongly influences how governance and ethics are practiced throughout the organization.

Question 4

A project manager learns a team member has been falsifying progress reports. What is the MOST appropriate immediate response?

Accepted Answer

Document the situation and escalate to the appropriate authority per organizational policy

Answer

Falsifying reports is a serious ethics and governance violation that must be documented and reported through proper channels, regardless of project status.

Question 5

A Change Control Board (CCB) is BEST described as:

Accepted Answer

A formally chartered group authorized to review, evaluate, approve, defer, or reject changes to the project

Answer

The CCB is a governance body with explicit authority to make binding decisions on change requests affecting project baselines.

Project Management Practice Test

Project Management Practice Test

Project Management Project Governance and Compliance 5