Ethical and Legal - Project Management

What is the primary purpose of data protection regulations in IT project management?

• To increase the cost of data storage

• To ensure the privacy and security of personal data

• To promote the sharing of data without restrictions

• To eliminate the need for data encryption

Which of the following is an example of intellectual property in IT?

• A company's financial report

• A software code developed by a programmer

• A list of customer names

• A public domain image

What is the first step in ethical decision-making in project management?

• Implementing the decision

• Identifying the ethical issue

• Evaluating the outcomes

• Consulting with stakeholders

Which risk management strategy involves transferring the risk to another party?

• Risk avoidance

• Risk mitigation

• Risk transfer

• Risk acceptance

What is the role of compliance with standards in IT project management?

• To reduce project costs

• To ensure project alignment with legal and industry requirements

• To increase project duration

• To eliminate the need for stakeholder engagement

Which of the following is a key consideration in stakeholder engagement ethics?

• Ignoring stakeholder feedback

• Ensuring transparency and honesty in communication

• Prioritising project deadlines over stakeholder concerns

• Limiting stakeholder involvement to the initial project phase

Under the General Data Protection Regulation (GDPR), what is the maximum fine for non-compliance?

• £10,000

• £100,000

• €20 million or 4% of annual global turnover, whichever is higher

• €1 million

Which of the following is NOT a type of intellectual property protection?

• Patent

• Trademark

• Copyright

• Data encryption

What is a common ethical issue faced in IT project management?

• Overestimating project budgets

• Misuse of confidential information

• Delaying project timelines

• Understaffing project teams

Which risk management strategy involves reducing the impact of a risk?

• Risk avoidance

• Risk mitigation

• Risk transfer

• Risk acceptance