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PECB ISO-21502-Lead-Project-Manager Exam Overview:

Certification Vendor:PECB
Exam Name:PECB ISO 21502 Lead Project Manager Exam
Exam Number:ISO-21502-Lead-Project-Manager
Exam Format:Multiple Choice
Available Languages:English
Related Certifications:PECB ISO 21502 Foundation
PECB Project Management Certifications
Sample Questions:PECB ISO-21502-Lead-Project-Manager Sample Questions
Exam Way:Online or in-person proctored exam
Pre Condition:Recommended prior knowledge in project management concepts or completion of a foundational ISO 21502 or project management training course

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

SectionObjectives
Topic 1: 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
          Topic 2: Monitoring and Control- Performance tracking
          • 1. Schedule and cost control
            • 2. Progress reporting
              - Risk and change control
              • 1. Issue and risk monitoring
                • 2. Change request management
                  Topic 3: Project Implementation and Execution- Stakeholder engagement
                  • 1. Communication management
                    • 2. Expectation management
                      - Project work execution
                      • 1. Deliverable production
                        • 2. Team management and leadership
                          Topic 4: Project Initiation- Project justification and feasibility
                          • 1. Business case development
                            • 2. Stakeholder identification
                              - Project charter and authorization
                              • 1. Defining objectives and scope
                                Topic 5: Project Closure- Lessons learned and evaluation
                                • 1. Post-project review
                                  - Formal project closing
                                  • 1. Deliverable acceptance
                                    • 2. Administrative closure
                                      Topic 6: Project Planning- Scope and deliverables definition
                                      • 1. Work breakdown structure (WBS)
                                        - Risk and quality planning
                                        • 1. Quality management planning
                                          • 2. Risk identification and assessment
                                            - Schedule, cost, and resource planning
                                            • 1. Resource allocation
                                              • 2. Time scheduling techniques
                                                • 3. Budgeting and cost estimation

                                                  PECB ISO 21502 Lead Project Manager Sample Questions:

                                                  1. 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 plan
                                                  B) Project baseline
                                                  C) Project brief


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

                                                  A) Geographical distance between the sender and receiver
                                                  B) Hierarchical ranks
                                                  C) Organization's complexity


                                                  3. Which of the following situations indicates a hope creep?

                                                  A) A project team member works, but does not make progress proportional to their efforts
                                                  B) Project team members randomly add elements and features to the deliverables that they believe the client would prefer to have
                                                  C) 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


                                                  4. Which of the following statements is the definition of project interface?

                                                  A) The transition period between project phases
                                                  B) The control mechanisms applied to measure the overall project performance
                                                  C) The area or zone where different stakeholders meet and interact


                                                  5. When can the project benefits be realized?

                                                  A) Only after the post-project activities have been completed
                                                  B) During the project, at the end of the project, or after the project has closed
                                                  C) At the end of the project only


                                                  Solutions:

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

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