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PECB ISO 21502 Lead Project Manager Sample Questions:

1. Which of the following statements describes a project termination by extinction?

A) The project is closed due to its failure or successful completion
B) The project is closed with the intention to resume at another time in the future
C) The project is closed due to the integration of project outputs to the operations of the parent organization

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

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

3. 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

4. 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) No, only the nature of current projects should be assessed before formalizing project management
C) Yes, only the nature of previously successful projects should be assessed before formalizing project management

5. Which methodologies below are more flexible in nature and provide an iterative approach for project management?

A) Change management
B) Agile
C) Traditional

Solutions: