You are managing an infrastructure development project. The project has multiple compliance requirements that span environmental, zoning, and data privacy regulations. To ensure that the project remains in full compliance, which of the following strategies would be MOST effective?
Rely on external audits to address and rectify any compliance issues that arise.
Utilize an integrated compliance management system that is updated regularly to reflect changing regulations and requirements.
Conduct quarterly compliance reviews with a focus on the most recent regulatory updates.
Organize an annual comprehensive compliance training for the project team.
Utilizing an integrated compliance management system that is regularly updated to reflect changing requirements is the most effective strategy. This system would allow for continuous monitoring and regular updates that accommodate the dynamic nature of multiple compliance requirements. It is superior to periodic reviews, which may become outdated quickly, or a single compliance training session, which would not provide continuous oversight. Depending solely on external audits can lead to gaps in internal monitoring and may not cover all compliance aspects comprehensively or timely.
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