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ISO-21502-Lead-Project-Manager PECB ISO 21502 Lead Project Manager Exam Question and Answers

Question # 4

Among others, which of the following factors can hinder communication between project stakeholders?

A.

Hierarchical ranks

B.

Geographical distance between the sender and receiver

C.

Organization’s complexity

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Question # 5

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

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Question # 6

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:

Based on scenario 4, the governance and management approach was defined by Tom alone. Is this acceptable?

A.

Yes, the governance and management approach should be defined only by Tom, the project manager

B.

No, Tom should have defined the governance and management approach in cooperation with the project team

C.

No, Tom should have defined the governance and management approach in cooperation with Lana, the project sponsor

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Question # 7

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:

Tom asked the project team to perform tasks in the predetermined order, regardless of resource shortages. What rule did Tom follow in this case?

A.

Reflecting only sequence constraints between work packages

B.

Reflecting sequence and resource constraints between work packages

C.

Defining task relationships between work packages

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Question # 8

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:

Based on scenario 6, which communication need did Ross address when he determined that a relationship among project team members needs to be established to ensure productive work?

A.

Status

B.

Responsibility

C.

Coordination

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Question # 9

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

A.

Utilizing the lessons learned from previous, relevant projects

B.

Hiring subject-matter experts

C.

Hiring subject-matter experts

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Question # 10

Scenario:

Tricko is a clothing manufacturer headquartered in Milano, Italy. The company was founded in 2010 by Mario, a famous Italian fashion designer. Over the last few years, the company has seen immense growth and now has a chain of stores across multiple European cities. Following industry trends, the top management of Tricko concluded that the company should establish an online store. As such, they required Lily, an experienced IT engineer, to develop a brief for this potential project. After several meetings and discussions, the top management approved the project brief and assigned Lily as the project manager. For this project, she was instructed to use the guidelines of ISO 21502 on project management.

Lily initiated the project by mobilizing the project team, which included four web developers, two network engineers, and one systems analyst. In order to ensure that every team member is fully aware of their roles and responsibilities, Lily developed team performance domains which would link each project activity with the individuals responsible for undertaking it. She explained to the team members that it is important to clearly understand their roles and responsibilities, considering that the team composition cannot be reassessed or revised once the project plan is authorized to be executed. In addition, Lily defined in a document the project’s contribution to the overall objectives of Tricko, which reflected the relevant project requirements and their associated acceptance criteria.

Following that, Lily worked with the project team to discuss project costs. She suggested the team initially establish cost estimates only for the first phase of the project and then for the entire project. In addition, she required cost estimates to be expressed in currency valuations and in labor hours. One of the network engineers suggested that each team member should provide an estimate, and then the team should reach an agreement for a joint estimate. On the other hand, one of the developers suggested establishing an estimate for the costs after the closure of the project, such as advertising and promotion costs. Lily agreed with their suggestions and asked them to provide a total estimate as soon as possible.

Based on the total estimate provided by the project team, Lily developed the project budget and created a list of project activities, divided them into smaller items, and assigned a budget for each item.

Question:

Scenario 5 states that Lily required them to express the costs in labor hours and currency valuations. Is this acceptable?

A.

No, cost estimates should only be expressed in labor hours

B.

No, cost estimates should only be expressed in currency valuations

C.

Yes, cost estimates can be expressed in labor hours, number of equipment hours, or currency valuations

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Question # 11

Scenario:

Exhibix is a video game developer headquartered in Zagreb, Croatia, which is known for producing therapeutic video games for children dealing with ADHD. In order to improve users’ experience, Exhibix suggested undertaking a project that would enable users to interact with the virtual content in the form of holograms through augmented reality glasses in the video games. For this project, the management decided to follow the guidelines of ISO 21502 on project management.

Prior to formalizing project management, the management of Exhibix assessed, among others, the potential impacts that the project management approach may have on both internal and external stakeholders. In addition, they determined if there were sufficient resources, both human and financial, for the formalized project management. Furthermore, during this period, the management decided to assess only the nature of previous projects, due to their successful delivery.

After formalizing project management, the project board organized a meeting during which they delegated their responsibilities to the project sponsor. Following this meeting, the project sponsor and project manager proceeded to define the project phases and their time frames. Considering the complexity of the project, the project manager suggested leaving open the possibility of overlapping certain phases of the project.

The preparations began in June, and the project manager and the team, consisting of 20 highly skilled professionals, had approximately six months to implement the project. During the implementation of the project, the project team noticed that the low maturity level of the company’s project management and the limited availability of resources were likely to have a negative impact on the performance of the project. With the deadline approaching, the team was also under a lot of pressure to close the project on time.

They were confronted with numerous challenges with the AR software, which led to the extension of the deadline for the project completion. During this period, the project office assisted the project manager and the team by providing administrative support and managing information regarding the project. Following these events, the project manager and the team were able to complete the project within the new set deadline. After the project sponsor confirmed the project closure, the AR glasses were released for use.

Question:

Considering the complexity of the project, the project manager suggested leaving open the possibility of overlapping certain phases of the project. Is this acceptable?

A.

No, project phases should not overlap with one another

B.

Yes, because it is possible that project phases can overlap

C.

No, only the project sponsor has the authority to make a decision regarding project phases

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Question # 12

Who is responsible for maintaining project governance?

A.

Project sponsor or project board

B.

Project manager

C.

Work package leader

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Question # 13

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 enable the project benefit realization and manage the demobilization of any remaining resources and facilities

C.

To ensure that the project still meets the organization’s needs and stakeholder expectations, and that risks are at an acceptable level

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Question # 14

According to ISO 21502, when is positive value created?

A.

When the investment of resources is similar to the benefits enabled by the project

B.

When the benefits enabled by the project exceed the investment of resources

C.

When the project produces deliverables, regardless of the resources allocated for its implementation

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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:

Based on scenario 3, Allison conducted the earned value analysis to measure the efficiency of work being performed with regard to its budgeted cost. Which of the following metrics did Allison use in this case?

A.

Cost variance (CV)

B.

Cost performance index (CPI)

C.

Actual cost (AC)

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Question # 16

Who is responsible for the acceptance of quality standards and product quality requirements?

A.

Project manager

B.

Performing organization or customer

C.

Work package leader

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Question # 17

Reviewing the lessons learned is one of the steps of project closure. Which of the following activities, among others, is performed during this step?

A.

The recommendations for improvements to be considered in the management of similar and other future projects are defined

B.

The reports and other necessary documentation are stored for audit or other purposes

C.

The performance against the plan and the extent to which objectives were met is assessed

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Question # 18

For what purpose, among others, can the documentation of project objectives, benefits, rationale, and investment be used?

A.

To define the project schedule

B.

To prioritize project needs and opportunities

C.

To select competent team members

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Question # 19

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 board made a change in the project organization structure after the project entered the design stage. Is this acceptable?

A.

Yes, the project organization can change throughout the project life cycle

B.

Yes, the project organization can change only during the design stage of the project

C.

No, once the project organization is developed and approved, it cannot be changed

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Question # 20

Arka, a manufacturing company, has initiated a project together with two other companies. Jim, who is the CEO of Arka, has suggested that the project board consist of representatives from each company instead of only Arka’s personnel in order to increase transparency. However, the representatives of the other companies disagreed, claiming that this would not be compliant with ISO 21502 guidelines. Instead, they are suggesting that they outsource the function of the project board to avoid conflicts of interest. Is this in compliance with ISO 21502?

A.

Yes, ISO 21502 suggests that companies outsource their project board function in order to avoid conflicts of interest when working in a joint project

B.

No, according to ISO 21502, the three companies should unanimously choose only one company whose representatives will act as the project board and not include representatives from all companies

C.

No, ISO 21502 states that the project board can include representatives from each company if they are working in a joint project

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Question # 21

What are proposal requests?

A.

Requests from the contractor to the supplier to provide solutions for an intricate scope

B.

Requests when the solution is determined and when the price is the sole criterion for choosing the supplier

C.

Requests used to obtain supplier proposals when the buyer needs a proposed solution, approach, or offer for the required work

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Question # 22

Among others, how can the project oversight be done?

A.

Through ad hoc escalations and interventions

B.

By ensuring that the project plan is being followed in detail

C.

By appointing more than one project manager

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Question # 23

Why is it important to define the project governance and management framework?

A.

To ensure the commitment of project stakeholders

B.

To obtain the approval from the project sponsor to execute the project plan

C.

To provide direction and working methods to the parties involved in the project

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Question # 24

According to ISO 21502, what should the process of controlling risks involve?

A.

Determining common causes which can help develop priorities for treating risks

B.

Developing options and actions to enhance opportunities and reduce threats to the project

C.

Ensuring that responses to negative risks minimize disruption to the project while responses to positive risks maximize beneficial impact

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