Compliance in PM Day 7 203iz

Compliance in PM Day 7 203iz

Professional Development

17 Qs

quiz-placeholder

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Compliance in PM Day 7 203iz

Compliance in PM Day 7 203iz

Assessment

Quiz

Social Studies

Professional Development

Practice Problem

Hard

Created by

Mohamed Eissa

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the PMBOK® Guide primarily used for in project management?

As a strict methodology

As a guide for step-by-step implementation

As a financial management tool

As a marketing strategy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant gap in typical project management practices according to the text?

Lack of financial resources

Inadequate team communication

Insufficient coverage of compliance aspects

Poor time management

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the example of Bank A illustrate in the context of project management?

The importance of financial planning

The need for user acceptance testing

The challenges of regulatory compliance

The benefits of team collaboration

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is compliance defined as according to Merriam-Webster?

The act or process of complying to a desire, demand, proposal, or regimen.

The act of creating new project standards.

The process of stakeholder negotiation.

The method of project execution.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one advantage of considering compliance as a requirement in a project?

It allows for early documentation of regulations.

It reduces the project budget significantly.

It eliminates the need for a work breakdown structure.

It guarantees project success.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a disadvantage of considering compliance as a requirement?

It simplifies the project management process.

It may lead to fragmented requirements.

It ensures all regulations are met.

It shortens the project duration.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a disadvantage of considering compliance as a process asset?

It requires fewer resources.

It is not tied to the project scope.

It simplifies the project scope.

It guarantees compliance with all regulations.

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