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PECB ISO-21502-Lead-Project-Manager Exam Syllabus Topics:

SectionWeightObjectives
Individual Management Practices for a Project36.25%- Closing and Evaluating the Project
- Monitoring and Controlling Performance
- Directing and Executing Work
- Planning and Estimating Activities
- Initiating and Starting a Project
Integrated Project Management Practices35%- Project Risk and Opportunity Management
- Project Scope and Planning
- Project Communication and Reporting
- Project Organization and Roles
- Project Integration Management
Fundamental Principles and Concepts of Project Management28.75%- Overview of ISO 21502 Standard
- Project Management Principles
- Project, Program and Portfolio Distinctions
- Project Life Cycle and Phases
- Project Governance and Stakeholders

PECB ISO 21502 Lead Project Manager Sample Questions:

1. 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 disseminated and used only after all project activities are completed
C) They should be captured, compiled, formalized, and stored


2. Among others, what should be considered when defining a procurement strategy?

A) The delivery practices
B) The supplier's performance
C) The procurement process used in previous contracts


3. According to ISO 21502, what is the main purpose of pre-project activities?

A) To verify if the project is worth starting
B) To evaluate the competence of project team members
C) To ensure that the project work will be undertaken in a timely manner


4. What is the purpose of controlling a project?

A) To monitor and measure performance against the project plan
B) To ensure that the scope of the project does not change under any circumstances
C) To authorize the initiation of each stage of the project


5. Scenario:
Headquartered in Geneva, Switzerland, DND is one of the largest worldwide automakers. It first gained global recognition after introducing a sports car, which quickly became highly demanded by sports car lovers around the world. Alec Law, the CEO of DND, and his management team recently decided to embark on a new project, i.e., the production of alternative fuel cars, which would use an alternative fuel source instead of traditional petroleum fuels, as the other cars of the company do, in order to promote sustainable and low- carbon transportation. For the implementation of this project, the company decided to follow the guidelines of ISO 21502 on project management.
During the development of the project governance framework, the company took into account several factors, including, among others, the legal context of stakeholders. In the project governance, the company also included oversights on the management frameworks and the project life cycle. In order to determine the project life cycle, the external environment was considered, including information on studies that related to similar projects. In addition, the company decided to separate this project governance from its overall governance.
Moreover, the company developed a project organization, where the roles, responsibilities, and authorities in the project were defined. In addition, the responsibilities of the project office and project assurance, among others, were defined. The project organization also included a customer representative. Once the project organization was developed and approved by the project board, it was communicated only to the project team.
As the project was entering its design stage, the project board made a change in the structure of the project organization since one of the work package leaders had resigned from the project in order to be involved in another project of the company.
Question:
During the development of the project governance framework, DND considered the legal context of stakeholders. Is this acceptable?

A) No, because the legal context of stakeholders is considered only if the project is part of a larger portfolio
B) No, DND should consider only its legal context when developing the project governance framework
C) Yes, the legal context of stakeholders can be considered when developing the project governance framework


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A
Question # 3
Answer: A
Question # 4
Answer: A
Question # 5
Answer: C

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