PECB ISO-21502-Lead-Project-Manager

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

PECB ISO 21502 Lead Project Manager Sample Questions:

Question #1
What is one of the differences between quality assurance and project assurance?

A. Quality assurance is the responsibility of the quality manager, whereas project assurance is the responsibility of the project sponsor
B. Quality assurance is independent from the project, whereas project assurance is dependent on the project manager
C. Quality assurance is process-based, whereas project assurance is product-based

Question #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

Question #3
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:
Prior to formalizing project management, Exhibix decided to assess only the nature of previous projects. Is this acceptable?

A. Yes, only the nature of previously successful projects should be assessed before formalizing project management
B. No, the nature of current and future projects should also be assessed before formalizing project management
C. No, only the nature of current projects should be assessed before formalizing project management

Question #4
According to ISO 21502, when is positive value created?

A. When the benefits enabled by the project exceed the investment of resources
B. When the investment of resources is similar to the benefits enabled by the project
C. When the project produces deliverables, regardless of the resources allocated for its implementation

Question #5
According to ISO 21502, why should the organizational strategy be used?

A. To enable organizations to create tangible value instead of intangible value
B. To identify, document, and evaluate opportunities, threats, weaknesses, and strengths, which can help inform future action
C. To maximize the likelihood of success within the project environment and eliminate threats

Solutions: