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

SectionObjectives
Project Closure- Lessons learned and evaluation
  • 1. Post-project review
    - Formal project closing
    • 1. Deliverable acceptance
      • 2. Administrative closure
        Project Implementation and Execution- Stakeholder engagement
        • 1. Communication management
          • 2. Expectation management
            - Project work execution
            • 1. Deliverable production
              • 2. Team management and leadership
                Project Management Principles (ISO 21502 Framework)- Project life cycle overview
                • 1. Tailoring project approaches
                  • 2. Phases of project lifecycle
                    - Project governance and organizational context
                    • 1. Roles and responsibilities in projects
                      • 2. Governance structures and decision-making
                        Monitoring and Control- Performance tracking
                        • 1. Progress reporting
                          • 2. Schedule and cost control
                            - Risk and change control
                            • 1. Change request management
                              • 2. Issue and risk monitoring
                                Project Planning- Scope and deliverables definition
                                • 1. Work breakdown structure (WBS)
                                  - Schedule, cost, and resource planning
                                  • 1. Time scheduling techniques
                                    • 2. Budgeting and cost estimation
                                      • 3. Resource allocation
                                        - Risk and quality planning
                                        • 1. Quality management planning
                                          • 2. Risk identification and assessment
                                            Project Initiation- Project justification and feasibility
                                            • 1. Business case development
                                              • 2. Stakeholder identification
                                                - Project charter and authorization
                                                • 1. Defining objectives and scope

                                                  PECB ISO 21502 Lead Project Manager Sample Questions:

                                                  1. According to ISO 21502, what should be considered in order to avoid the repetition of mistakes from previous projects?

                                                  A) Hiring subject-matter experts
                                                  B) Utilizing the lessons learned from previous, relevant projects
                                                  C) Hiring subject-matter experts


                                                  2. An organization has recently initiated a project within a program. When defining the project organization structure, the head of the organization decided that the project sponsor would report to and seek direction from the program manager, who would act as the sponsoring organization with a higher-level authority. Is this acceptable?

                                                  A) Yes, for projects within a program, the representative of the sponsoring organization can be the program manager
                                                  B) No, the project sponsor should always report to the top management, who represents the sponsoring organization that acts as a higher-level authority
                                                  C) No, since the program manager should report to the project sponsor


                                                  3. 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) Backward pass
                                                  B) Forward pass
                                                  C) Calculation float


                                                  4. 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:
                                                  Based on the scenario, DND decided to separate the project governance from its overall governance. Is this acceptable?

                                                  A) No, the project governance should be an integrated part of DND's overall governance
                                                  B) Yes, the project governance should be separated from DND's overall governance
                                                  C) Yes, the project governance should be integrated only with the governance framework of portfolios and programs


                                                  5. When should the project scope be considered?

                                                  A) In future decisions
                                                  B) Both A and B
                                                  C) When communicating the importance of the project and its objectives and benefits


                                                  Solutions:

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

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