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PECB ISO 21502 Lead Project Manager Exam

Last Update 9 hours ago Total Questions : 80

The PECB ISO 21502 Lead Project Manager Exam content is now fully updated, with all current exam questions added 9 hours ago. Deciding to include ISO-21502-Lead-Project-Manager practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our ISO-21502-Lead-Project-Manager exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these ISO-21502-Lead-Project-Manager sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any PECB ISO 21502 Lead Project Manager Exam practice test comfortably within the allotted time.

Question # 11

According to PMBOK, what is the definition of Earned Value Analysis (EVA)?

A.

A method that utilizes a set of measures associated with scope, schedule, and cost to determine the cost and schedule performance of a project

B.

The amount of budget deficit or surplus at a given point in time, expressed as the difference between the earned value and the actual cost

C.

An earned value management measure that indicates how efficiently the work is being performed with regard to the budgeted cost of the work

Question # 12

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:

Lana did not provide any information regarding the project duration in the project brief. Is this acceptable?

A.

Yes, the project brief should only include information about the project context and objectives

B.

No, the project brief should include information about the project duration

C.

Yes, because Lana provided some information regarding the project duration during the discussions

Question # 13

Which of the following belongs to adaptive changes?

A.

Introducing a practice new to the practitioners

B.

Reintroducing a familiar practice

C.

Introducing a practice that is new to the organization, but not the industry

Question # 14

What is the purpose of the planning quality phase?

A.

To define the applicable standards and quality requirements regarding a project and its outcomes

B.

To ensure compliance with the determined quality requirements and applicable standards

C.

To determine if the requirements are being met and take actions to improve unsatisfactory performance

Question # 15

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:

Allison prepared a short document in which she justified and summarized all project aspects. Which of the following did Allison create in this case?

A.

Project brief

B.

Project baseline

C.

Project plan

Question # 16

Scenario:

Mallebare is an American company which designs and manufactures gaming accessories. Apart from keyboards, mice, and controllers, the company also manufactures high-quality headsets for which it is widely known. Recently, upon the request of numerous gamers, the company decided to manufacture mousepads too. For this project, Luke, the CEO of the company, assigned Ross, a senior designer of the company, as the project manager, whereas Smith, a senior engineer, was assigned as project sponsor. In addition, Luke stated the project should be complete within three months, as the company is aiming to promote the mousepads in a major gaming tournament. Lastly, Luke required them to utilize the guidelines of ISO 21502 to manage the project.

Initially, Ross mobilized the team and held a meeting with them to discuss and develop the project plan. He asked the team members to ensure that major functional aspects of the project are covered in the project plan and to identify any issue that might arise throughout the project life cycle. Ross explained that this request comes as a result of the tight deadline of the project and the team must develop a concise plan. Ross added that the plan will not be changed in any circumstance and will be followed in detail.

Following that, Ross and the team discussed the engagement of all relevant stakeholders throughout the project. Ross used a power/interest matrix to categorize all stakeholders in four different groups, where the tournament organizers were categorized as stakeholders with low interest but high power in the project. On the other hand, end users, the gamers, were categorized as stakeholders with high interest and high power in the project, so the project team created a survey to determine their needs and requirements.

Moreover, Ross was aware of the importance of effective communication for the success of the project. Therefore, he developed a communication plan which would ensure that each individual involved in the project gets the right information in a timely manner. The plan indicated that ad hoc discussions would be conducted in more complex and personal cases, whereas notes and text messages would be used for transmitting simple and factual information. Ross claimed that this model had been successful in previous projects conducted by the company because it allows faster processing of information and includes natural use of language. In addition, Ross determined that a relationship among project team members needs to be established to ensure productive work.

Question:

According to scenario 6, the communication plan indicated that ad hoc discussions would be conducted in more complex and personal cases, whereas notes and text messages would be used for transmitting simple and factual information. What type(s) of communication are planned in this case?

A.

Informal

B.

Formal

C.

Both formal and informal

Question # 17

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:

According to scenario 1, the project organization was communicated only to the project team. Is this compliant with ISO 21502?

A.

Yes, according to ISO 21502, the project organization should be communicated only to the project team

B.

No, according to ISO 21502, the project organization should be communicated only to the project office and project assurance

C.

No, according to ISO 21502, the project organization should be communicated to everyone involved in the project

Question # 18

To whom does the project manager report?

A.

Only to organization’s top management

B.

Key stakeholders

C.

Project sponsor and project board

Question # 19

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, since the program manager should report to the project sponsor

C.

No, the project sponsor should always report to the top management, who represents the sponsoring organization that acts as a higher-level authority

Question # 20

Who should be consulted as part of project management progress evaluations?

A.

Project sponsors and project managers and their teams

B.

Project board and project assurance

C.

Work package leaders only

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