Project Management Professional Practice Question

A project manager leading a new financial software deployment has gathered a lengthy list of compliance requirements. The list includes GDPR for data privacy, Sarbanes-Oxley for financial controls, and the company's internal data handling policies. To manage these diverse obligations effectively, what is the most appropriate next step for the project manager to take?

  • Develop a detailed audit plan to measure the project's adherence to all requirements.

  • Prioritize the requirements based on the potential financial penalties for noncompliance.

  • Group the requirements into categories such as legal, regulatory, and organizational.

  • Immediately assign a risk owner to each identified compliance requirement.

Project Management Professional
Business Environment
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