ExpertHard1 markMultiple Choice
PMP · Question 02 · Task 1: Plan and manage project compliance
A global fintech organization is launching a new payment platform. The project manager is identifying compliance categories relevant to the project. The platform will process credit card transactions and store user personal data across servers in Europe and California.<br/><br/>Which TWO compliance categories are MOST critical for the project manager to integrate into the project management plan? (Select TWO)
A global fintech organization is launching a new payment platform. The project manager is identifying compliance categories relevant to the project. The platform will process credit card transactions and store user personal data across servers in Europe and California.<br/><br/>Which TWO compliance categories are MOST critical for the project manager to integrate into the project management plan? (Select TWO)
Answer options:
A.
Environmental regulations (e.g., ISO 14001)
B.
Occupational Health and Safety (OSHA)
C.
Data Privacy (e.g., GDPR, CCPA)
D.
Import/Export Trade Tariffs
E.
Information Security Standards (e.g., PCI-DSS)
F.
Labor Union Contracts
How to approach this question
Analyze the scenario specifics: 'Credit Card Transactions' -> PCI-DSS (Security). 'Personal Data in Europe/California' -> GDPR/CCPA (Privacy).
Full Answer
C, E
For a fintech payment platform, the primary compliance risks are Information Security (specifically PCI-DSS for payments) and Data Privacy (GDPR for Europe, CCPA for California). Failure in these areas represents the highest risk to the business environment.
Common mistakes
Selecting generic corporate compliance (OSHA, Environmental) instead of project-specific product compliance.
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