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PECB ISO 21502 Lead Project Manager Sample Questions:

1. Among others, what should be considered when defining a procurement strategy?

A) The delivery practices
B) The procurement process used in previous contracts
C) The supplier's performance

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

3. Who is responsible for maintaining project governance?

A) Work package leader
B) Project manager
C) Project sponsor or project board

4. What is the purpose of reporting?

A) To meet the information needs of each stakeholder
B) To inform relevant stakeholders on the project success only after the project has been completed
C) To provide the current status, forecast, and analysis of the project

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

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

Solutions: