Summer Certification Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code = getmirror

Pass the PECB ISO 21502 ISO-21502-Lead-Project-Manager Questions and answers with ExamsMirror

Practice at least 50% of the questions to maximize your chances of passing.
Exam ISO-21502-Lead-Project-Manager Premium Access

View all detail and faqs for the ISO-21502-Lead-Project-Manager exam


0 Students Passed

0% Average Score

0% Same Questions
Viewing page 1 out of 3 pages
Viewing questions 1-10 out of questions
Questions # 1:

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

Options:

A.

The control mechanisms applied to measure the overall project performance

B.

The transition period between project phases

C.

The area or zone where different stakeholders meet and interact

Questions # 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:

Considering the complexity of the project, the project manager suggested leaving open the possibility of overlapping certain phases of the project. Is this acceptable?

Options:

A.

No, project phases should not overlap with one another

B.

Yes, because it is possible that project phases can overlap

C.

No, only the project sponsor has the authority to make a decision regarding project phases

Questions # 3:

What is a work package?

Options:

A.

The smallest unit of a work breakdown structure for which the cost and duration are estimated and managed

B.

A method that uses a set of measures associated with scope, schedule, and cost to determine the cost and schedule performance of a project

C.

The sequence of stages determining the minimum time needed for completing the project

Questions # 4:

According to ISO 21502, how should the project benefits be maintained?

Options:

A.

By taking corrective, and when required, preventive actions in case of deviations from the planned benefits

B.

By collecting performance measurements for each benefit

C.

By reporting and communicating the status of expected benefits

Questions # 5:

According to ISO 21502, what is the main purpose of pre-project activities?

Options:

A.

To evaluate the competence of project team members

B.

To ensure that the project work will be undertaken in a timely manner

C.

To verify if the project is worth starting

Questions # 6:

What is the purpose of benefit management?

Options:

A.

To assist the sponsoring organization and the customer in realizing the desired benefits of a project from the project’s outcomes

B.

To enable the project to continue to be relevant, justifiable, and beneficial in the organizational context

C.

To ensure that the project still meets the organization’s needs and stakeholder expectations, and that risks are at an acceptable level

Questions # 7:

Scenario:

Headquartered in Geneva, Switzerland, DND is one of the largest worldwide automakers. It first gained global recognition after introducing a sports car, which quickly became highly demanded by sports car lovers around the world. Alec Law, the CEO of DND, and his management team recently decided to embark on a new project, i.e., the production of alternative fuel cars, which would use an alternative fuel source instead of traditional petroleum fuels, as the other cars of the company do, in order to promote sustainable and low-carbon transportation. For the implementation of this project, the company decided to follow the guidelines of ISO 21502 on project management.

During the development of the project governance framework, the company took into account several factors, including, among others, the legal context of stakeholders. In the project governance, the company also included oversights on the management frameworks and the project life cycle. In order to determine the project life cycle, the external environment was considered, including information on studies that related to similar projects. In addition, the company decided to separate this project governance from its overall governance.

Moreover, the company developed a project organization, where the roles, responsibilities, and authorities in the project were defined. In addition, the responsibilities of the project office and project assurance, among others, were defined. The project organization also included a customer representative. Once the project organization was developed and approved by the project board, it was communicated only to the project team.

As the project was entering its design stage, the project board made a change in the structure of the project organization since one of the work package leaders had resigned from the project in order to be involved in another project of the company.

Question:

During the development of the project governance framework, DND considered the legal context of stakeholders. Is this acceptable?

Options:

A.

Yes, the legal context of stakeholders can be considered when developing the project governance framework

B.

No, DND should consider only its legal context when developing the project governance framework

C.

No, because the legal context of stakeholders is considered only if the project is part of a larger portfolio

Questions # 8:

Which of the options below regarding project reporting is NOT correct?

Options:

A.

Reporting should be aligned with the current project documentation and determined from an analysis of project management information

B.

During the project, reporting should be monitored and adjusted to maintain alignment with the needs and requirements of the recipients of the reports

C.

The reporting approach and methods should be planned and documented at the end of the project

Questions # 9:

Scenario:

Mallebare is an American company which designs and manufactures gaming accessories. Apart from keyboards, mice, and controllers, the company also manufactures high-quality headsets for which it is widely known. Recently, upon the request of numerous gamers, the company decided to manufacture mousepads too. For this project, Luke, the CEO of the company, assigned Ross, a senior designer of the company, as the project manager, whereas Smith, a senior engineer, was assigned as project sponsor. In addition, Luke stated the project should be complete within three months, as the company is aiming to promote the mousepads in a major gaming tournament. Lastly, Luke required them to utilize the guidelines of ISO 21502 to manage the project.

Initially, Ross mobilized the team and held a meeting with them to discuss and develop the project plan. He asked the team members to ensure that major functional aspects of the project are covered in the project plan and to identify any issue that might arise throughout the project life cycle. Ross explained that this request comes as a result of the tight deadline of the project and the team must develop a concise plan. Ross added that the plan will not be changed in any circumstance and will be followed in detail.

Following that, Ross and the team discussed the engagement of all relevant stakeholders throughout the project. Ross used a power/interest matrix to categorize all stakeholders in four different groups, where the tournament organizers were categorized as stakeholders with low interest but high power in the project. On the other hand, end users, the gamers, were categorized as stakeholders with high interest and high power in the project, so the project team created a survey to determine their needs and requirements.

Moreover, Ross was aware of the importance of effective communication for the success of the project. Therefore, he developed a communication plan which would ensure that each individual involved in the project gets the right information in a timely manner. The plan indicated that ad hoc discussions would be conducted in more complex and personal cases, whereas notes and text messages would be used for transmitting simple and factual information. Ross claimed that this model had been successful in previous projects conducted by the company because it allows faster processing of information and includes natural use of language. In addition, Ross determined that a relationship among project team members needs to be established to ensure productive work.

Question:

Based on which communication model did Ross develop the communication plan? Refer to the last paragraph of scenario 6.

Options:

A.

Cross-cultural communication

B.

Effectiveness of communication channels

C.

Gulf of execution and evaluation

Questions # 10:

Scenario:

Oakniture is a furniture manufacturer located in Bristol, England. It is known for its kitchen tables made out of different types of wood, such as chestnut, walnut, and oak. In early 2022, Lana, one of the senior researchers of the company, conducted a feasibility study to determine if there is a market for oak wood coffee tables, which indicated that the demand for oak wood coffee tables is relatively high. As such, Lana prepared a project brief and presented it to the top management of the company. The project brief included information on the project context and project objectives. After several discussions, the top management agreed that the project should be undertaken, but lastly, they asked Lana about the project duration. Lana claimed that the project duration cannot be determined and such information was not provided in the project brief; however, she added that the project duration will mainly depend on the competencies of the project team and on Oakniture’s suppliers of wood.

Following that, the top management initiated the project and assigned Tom, the operations director, as the project manager, and Lana as the project sponsor. To manage the project, they decided to use the guidelines of ISO 21502.

Initially, Tom defined the governance and management framework alone, and then he mobilized the team and assigned the roles and responsibilities to each team member. In addition, Tom and the project team identified the stakeholders and developed the project plan. To ensure effective management of each project phase, Tom used a work breakdown structure (WBS) to organize project activities. Tom presented the project activities in the WBS by linking task dependencies and showing project milestones. In addition, Tom calculated the duration of each work package by determining the early start and early finish dates. Regarding the relationship between work packages, Tom required the project team to perform tasks in the predetermined order, regardless of any resource shortages they might experience.

A week after the project implementation began, Tom collected and analyzed data regarding the progress of the project. To keep everyone up to date, he held a meeting with Lana and project stakeholders.

Question:

Tom asked the project team to perform tasks in the predetermined order, regardless of resource shortages. What rule did Tom follow in this case?

Options:

A.

Reflecting only sequence constraints between work packages

B.

Reflecting sequence and resource constraints between work packages

C.

Defining task relationships between work packages

Viewing page 1 out of 3 pages
Viewing questions 1-10 out of questions
TOP CODES

TOP CODES

Top selling exam codes in the certification world, popular, in demand and updated to help you pass on the first try.