Crucial Exams

Project Management Professional Practice Question

You have just been assigned as project manager for a new initiative in a highly regulated industry. Before drafting the project management plan, you want to establish a systematic approach for addressing statutory, regulatory, and internal policy obligations. According to PMI best practices, what should be your first action?

  • Develop a risk management plan to mitigate potential compliance threats

  • Identify all applicable compliance requirements for the project

  • Classify the project's deliverables according to their importance for compliance

  • Measure current compliance levels against industry standards

Project Management Professional
Business Environment
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