As a project manager, you are tasked with identifying potential threats to compliance within a project. Which of the following options represents the BEST course of action to achieve this?
Review past compliance audit results
Conduct a compliance risk assessment
Replicate compliance measures from previous similar projects
Conducting a compliance risk assessment is the most thorough and proactive approach to identifying potential threats to compliance. It involves systematic evaluation of the possible risks that could affect project compliance requirements. This differs from merely reviewing historical data or relying on past compliance audits, as risk assessments are forward-looking and specifically tailored to assess the unique conditions and risks of the current project. This proactive approach allows the project manager to identify potential threats before they materialize.
Ask Bash
Bash is our AI bot, trained to help you pass your exam. AI Generated Content may display inaccurate information, always double-check anything important.
What is a compliance risk assessment?
Open an interactive chat with Bash
What are some common compliance risks in projects?
Open an interactive chat with Bash
How does a compliance risk assessment differ from a compliance audit?
Open an interactive chat with Bash
Project Management Professional
Business Environment
Your Score:
Report Issue
Bash, the Crucial Exams Chat Bot
AI Bot
Loading...
Loading...
Loading...
Project Management Package Join Premium for Full Access