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PECB ISO-21502-Lead-Project-Manager Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Project Closure | - Administrative closure and handover - Lessons learned and project evaluation - Final deliverables acceptance |
| Project Initiation | - Business case development and justification - Project charter and stakeholder identification |
| Project Execution | - Deliverable production and integration management - Team leadership and resource coordination |
| Monitoring and Controlling | - Risk and quality control - Change control and issue management - Performance tracking and reporting |
| Project Planning | - Communication and procurement planning - Scope, schedule, cost, and resource planning - Risk management planning and quality planning |
| Project Management Principles (ISO 21502 Framework) | - Project management concepts and governance alignment - Roles, responsibilities, and organizational context |
PECB ISO 21502 Lead Project Manager Sample Questions:
1. 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:
Lily claimed that the team composition cannot be reassessed or revised once the project plan is authorized to be executed. Is this acceptable?
A) No, the team composition can be reassessed or revised only at the start of each project phase or work package
B) Yes, the team composition cannot be reassessed or revised once the project plan is authorized to be executed
C) No, the team composition can be reassessed and revised, where necessary
2. 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) Hiring subject-matter experts
C) Utilizing the lessons learned from previous, relevant projects
3. Which of the following statements regarding lessons learned is correct?
A) They should be captured, compiled, formalized, and stored
B) They should be disseminated and used only after all project activities are completed
C) They provide answers only about what really happened and not what was planned to happen
4. What is the purpose of reporting?
A) To provide the current status, forecast, and analysis of the project
B) To inform relevant stakeholders on the project success only after the project has been completed
C) To meet the information needs of each stakeholder
5. 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
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: A |

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