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PECB ISO-21502-Lead-Project-Manager Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Project Initiation | - Project justification and feasibility
|
| Topic 2: Project Implementation and Execution | - Stakeholder engagement
|
| Topic 3: Project Management Principles (ISO 21502 Framework) | - Project life cycle overview
|
| Topic 4: Project Planning | - Schedule, cost, and resource planning
|
| Topic 5: Project Closure | - Formal project closing
|
| Topic 6: Monitoring and Control | - Performance tracking
|
PECB ISO 21502 Lead Project Manager Sample Questions:
1. According to ISO 21502, what is the purpose of managing delivery?
A) To define the required outputs and outcomes, and to plan and implement their delivery, enabling the project's outcomes to be achieved and benefits realized
B) To ensure that the project still meets the organization's needs and stakeholder expectations, and that risks are at an acceptable level
C) To enable the project benefit realization and manage the demobilization of any remaining resources and facilities
2. Scenario:
Leute is a low-cost airline, headquartered in Wien, Austria. The company aims to offer passengers optimal options regarding its services and gain the lead role among other competitors in the airline industry. Recently, Leute experienced a major drop in revenue due to negative reviews from customers in various online platforms. To increase its profit and enhance customer satisfaction, the company decided to expand its in- flight services by offering entertainment, such as movies, audio books, and games, food for purchase in economy and full meals in premium cabins, and comforts, such as blankets and pillows. For the implementation of this project and future projects of the airline, the CEO of Leute, Michaele Wagner, decided to follow the guidelines of ISO 21502 on project management.
Initially, Allison, the project manager, created a short document in which she justified and summarized all project aspects, including: the nature and purpose of the project, the objectives of the project, key milestones of the project and the time needed to complete the project, and the audience that the project targets.
Afterward, Allison held a meeting with Michaele during which she presented this document and briefly explained each of its points. After a considerable amount of analysis and discussions, the project initiation was approved by Michaele. In addition, a team of eighteen members was authorized to start with the project activities.
While undertaking the project activities, Allison ensured that each work package takes longer than 8 hours, but less than 80 hours, so that they would be completed in 1 to 10 working days. In addition, during this phase, several changes were made in the predefined aspects of the project, which were approved by Nick Todd, the project sponsor. For instance, initially, the project delivery was set to be completed after six months. However, considering how the project was implemented and the time required for the completion of each phase, the deadline for the project completion was postponed for another two months. These changes were also reflected in the business case, which was updated accordingly.
A month after the project execution began, Allison conducted an earned value analysis to measure the progress of the project up to that stage. She measured how efficiently the work was being performed with regard to its budgeted cost, after which she concluded that it was going according to the plan. Moreover, she organized a meeting with relevant project stakeholders in order to communicate the progress report to them.
Question:
According to scenario 3, the business case was updated to reflect the changes made regarding the project delivery. Is this acceptable?
A) Yes, the business case should be updated to reflect changes in the project's context
B) No, the business case can be updated only during pre-project activities
C) Yes, the business case can be updated to reflect changes on the project delivery, but not to reflect changes on other aspects of the project
3. Which of the following statements regarding lessons learned is correct?
A) They provide answers only about what really happened and not what was planned to happen
B) They should be captured, compiled, formalized, and stored
C) They should be disseminated and used only after all project activities are completed
4. Scenario:
Oakniture is a furniture manufacturer located in Bristol, England. It is known for its kitchen tables made out of different types of wood, such as chestnut, walnut, and oak. In early 2022, Lana, one of the senior researchers of the company, conducted a feasibility study to determine if there is a market for oak wood coffee tables, which indicated that the demand for oak wood coffee tables is relatively high. As such, Lana prepared a project brief and presented it to the top management of the company. The project brief included information on the project context and project objectives. After several discussions, the top management agreed that the project should be undertaken, but lastly, they asked Lana about the project duration. Lana claimed that the project duration cannot be determined and such information was not provided in the project brief; however, she added that the project duration will mainly depend on the competencies of the project team and on Oakniture's suppliers of wood.
Following that, the top management initiated the project and assigned Tom, the operations director, as the project manager, and Lana as the project sponsor. To manage the project, they decided to use the guidelines of ISO 21502.
Initially, Tom defined the governance and management framework alone, and then he mobilized the team and assigned the roles and responsibilities to each team member. In addition, Tom and the project team identified the stakeholders and developed the project plan. To ensure effective management of each project phase, Tom used a work breakdown structure (WBS) to organize project activities. Tom presented the project activities in the WBS by linking task dependencies and showing project milestones. In addition, Tom calculated the duration of each work package by determining the early start and early finish dates. Regarding the relationship between work packages, Tom required the project team to perform tasks in the predetermined order, regardless of any resource shortages they might experience.
A week after the project implementation began, Tom collected and analyzed data regarding the progress of the project. To keep everyone up to date, he held a meeting with Lana and project stakeholders.
Question:
According to scenario 4, Tom calculated the duration of each work package by determining the early start and early finish dates. Which of the following did Tom use in this case?
A) Forward pass
B) Backward pass
C) Calculation float
5. According to ISO 21502, why should the organizational strategy be used?
A) To identify, document, and evaluate opportunities, threats, weaknesses, and strengths, which can help inform future action
B) To enable organizations to create tangible value instead of intangible value
C) To maximize the likelihood of success within the project environment and eliminate threats
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: A |
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