PMP Practice Questions #124
Upon absorbing lessons from a case study on data security compliance issues in another project and realizing the potential for a greater impact on your own project than initially estimated, what is the most appropriate action to take?
A. Reassess risks associated with non-compliance, updating both the impact analysis and response strategies accordingly.
B. Convene a meeting with key project personnel to critically examine your current compliance strategy.
C. Distribute an email to your team sharing insights from the lessons learned, to raise awareness.
D. Task a subject matter expert with reviewing the case study to assess its relevance to your project.
Analysis
The scenario involves a project manager who learns from a case study about significant data security compliance issues that could impact their project more than initially anticipated. The challenge lies in determining the most effective response to integrate this newfound understanding into the project’s risk management and compliance strategies.
Analysis of Options
Option A: Reassess risks associated with non-compliance, updating both the impact analysis and response strategies accordingly. This option directly addresses the newfound insights into the potential impacts of non-compliance by advocating for a proactive reassessment of risks. It ensures that the project’s risk management framework is robust and responsive to evolving threats and compliance requirements.
Option B: Convene a meeting with key project personnel to critically examine your current compliance strategy. While this action facilitates a focused discussion on compliance strategies, it could be inherently included within the broader risk reassessment process outlined in Option A. This option might be necessary but does not encompass the entirety of the proactive measures suggested in Option A.
Option C: Distribute an email to your team sharing insights from the lessons learned, to raise awareness. Informing the team about the lessons learned is a good practice for raising awareness. However, it falls short of taking actionable steps to mitigate the risks associated with non-compliance. Awareness alone does not equate to preparedness or compliance.
Option D: Task a subject matter expert with reviewing the case study to assess its relevance to your project. Delegating the review to a subject matter expert could yield valuable insights but, like Option C, it delegates responsibility without ensuring that these insights translate into actionable risk management or compliance strategies.
Conclusion: Option A stands out as the most comprehensive and proactive approach. Reassessing risks and updating strategies, ensures that the project’s approach to compliance is informed by the latest insights and is robust against potential threats. This option demonstrates a project manager’s commitment to due diligence and continuous improvement in project risk management and compliance efforts.
PMP Exam Content Outline Mapping
| Domain | Task |
|---|---|
| Business | Task 1: Plan and manage project compliance |
| Process | Task 3: Assess and manage risks |
Topics Covered
- Project Compliance
- Risk Management
- Lesson Learned
