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    PracticePMI PMP®PMI PMP Practice Exam 5Question 69
    Hard1 markMultiple Choice
    Task 1: Plan and manage project complianceregulatory compliancemultiple regulationscompliance gap analysisfinancial services

    PMP · Question 69 · Task 1: Plan and manage project compliance

    A financial services project must comply with multiple regulatory requirements including SOX, PCI-DSS, and industry-specific data protection standards. During a compliance review, the project manager discovers that some project activities may not fully meet the overlapping requirements of these different regulations. What should the project manager do FIRST?

    Answer options:

    A.

    Focus on the most stringent regulatory requirement and ensure full compliance with that standard

    B.

    Implement additional security measures to exceed all regulatory requirements

    C.

    Conduct a comprehensive compliance gap analysis across all applicable regulatory requirements

    D.

    Consult with legal counsel about the regulatory compliance conflicts

    How to approach this question

    When projects face multiple regulatory requirements, conduct comprehensive gap analysis across all regulations before implementing solutions or seeking guidance.

    Full Answer

    C.Conduct a comprehensive compliance gap analysis across all applicable regulatory requirements✓ Correct
    Multiple regulatory compliance requires understanding specific gaps across all applicable regulations to develop solutions that address all requirements without conflicts or redundancies.

    Common mistakes

    Students often choose single regulation focus (A) or immediate solutions (B), missing the need for comprehensive analysis across all applicable regulatory requirements.
    Question 68All questionsQuestion 70

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