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PECB ISO-21502-Lead-Project-Manager Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Fundamental Principles and Concepts of Project Management | 28.75% | - Project Management Principles - Project Life Cycle and Phases - Project Governance and Stakeholders - Project, Program and Portfolio Distinctions - Overview of ISO 21502 Standard |
| Individual Management Practices for a Project | 36.25% | - Directing and Executing Work - Monitoring and Controlling Performance - Planning and Estimating Activities - Initiating and Starting a Project - Closing and Evaluating the Project |
| Integrated Project Management Practices | 35% | - Project Communication and Reporting - Project Scope and Planning - Project Organization and Roles - Project Integration Management - Project Risk and Opportunity Management |
PECB ISO 21502 Lead Project Manager Sample Questions:
Question 1
Which of the following situations indicates a hope creep?
A. A member of the project team slips behind schedule, but reports that they are on track, expecting to catch up by the next report deadline
B. Project team members randomly add elements and features to the deliverables that they believe the client would prefer to have
C. A project team member works, but does not make progress proportional to their efforts
Question 2
What is a work package?
A. A method that uses a set of measures associated with scope, schedule, and cost to determine the cost and schedule performance of a project
B. The sequence of stages determining the minimum time needed for completing the project
C. The smallest unit of a work breakdown structure for which the cost and duration are estimated and managed
Question 3
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:
Scenario 3 indicates that Michaele authorized the project initiation. Is this acceptable?
A. Yes, the project initiation should be approved by the sponsoring organization
B. No, the project initiation should be approved by the project manager
C. No, the project initiation should be approved by the project manager in consultation with work package leaders
Question 4
Among others, which of the following factors can hinder communication between project stakeholders?
A. Hierarchical ranks
B. Organization's complexity
C. Geographical distance between the sender and receiver
Question 5
Which of the following statements regarding lessons learned is correct?
A. They should be captured, compiled, formalized, and stored
B. They should be disseminated and used only after all project activities are completed
C. They provide answers only about what really happened and not what was planned to happen
Solutions:
| Question 1 Answer: A | Question 2 Answer: C | Question 3 Answer: A | Question 4 Answer: C | Question 5 Answer: A |

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