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Question 66 - PMI-RMP discussion

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What is an example of legal and regulatory requirements and/or constraints when assessing a project environment for threats and opportunities?

A.

Organizational communication requirements

Answers
A.

Organizational communication requirements

B.

Organizational standard policies, processes, and procedures

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B.

Organizational standard policies, processes, and procedures

C.

Formal knowledge sharing and information sharing procedures

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C.

Formal knowledge sharing and information sharing procedures

D.

Confidentiality of project information

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D.

Confidentiality of project information

Suggested answer: D

Explanation:

Legal and regulatory requirements and constraints when assessing a project environment for threats and opportunities may include ensuring the confidentiality of project information, as this is often governed by laws and regulations.

Legal and regulatory requirements and/or constraints are external factors that can affect the project environment and influence the risk management process. They may include laws, regulations, standards, codes, permits, licenses, contracts, or agreements that the project must comply with or adhere to. Confidentiality of project information is an example of such a requirement or constraint, as it may limit the disclosure, sharing, or access of project data, documents, or reports to authorized parties only. Violating confidentiality may result in legal actions, penalties, or reputational damage for the project and the organization. Therefore, the project manager and the risk management team must identify and comply with the confidentiality requirements and/or constraints when assessing the project environment for threats and opportunities.Reference: PMI, 2019. Practice Standard for Project Risk Management. Newtown Square, PA: Project Management Institute, Inc., p.181

asked 14/11/2024
Francesco Pignalosa
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