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PECB ISO 21502 Lead Project Manager Sample Questions:

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

A) Performing organization or customer
B) Work package leader
C) Project manager

2. 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 project produces deliverables, regardless of the resources allocated for its implementation
C) When the benefits enabled by the project exceed the investment of resources

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:
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) No, only the project sponsor has the authority to make a decision regarding project phases
C) Yes, because it is possible that project phases can overlap

4. Which of the following belongs to adaptive changes?

A) Introducing a practice that is new to the organization, but not the industry
B) Reintroducing a familiar practice
C) Introducing a practice new to the practitioners

5. What is the purpose of benefit management?

A) To enable the project to continue to be relevant, justifiable, and beneficial in the organizational context
B) To assist the sponsoring organization and the customer in realizing the desired benefits of a project from the project's outcomes
C) To ensure that the project still meets the organization's needs and stakeholder expectations, and that risks are at an acceptable level

Solutions: