Not bad but I feel like a hover on the item would be nicer than having to click on the button. I guess the button is only for reordering right?
I.e. If you click the question item (but not the blue button), the question is visible on the right. If you click the blue button in the list, the question goes into reorder mode. Those two things are separate from each other, so you can reorder a question that's not currently active.