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PECB ISO 21502 Lead Project Manager Sample Questions:

1. Which of the following situations indicates a hope creep?

A) Project team members randomly add elements and features to the deliverables that they believe the client would prefer to have
B) A project team member works, but does not make progress proportional to their efforts
C) A member of the project team slips behind schedule, but reports that they are on track, expecting to catch up by the next report deadline

2. Who should be consulted as part of project management progress evaluations?

A) Project board and project assurance
B) Work package leaders only
C) Project sponsors and project managers and their teams

3. According to ISO 21502, when is positive value created?

A) When the project produces deliverables, regardless of the resources allocated for its implementation
B) When the benefits enabled by the project exceed the investment of resources
C) When the investment of resources is similar to the benefits enabled by the project

4. 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:
Based on the scenario, DND decided to separate the project governance from its overall governance. Is this acceptable?

A) Yes, the project governance should be integrated only with the governance framework of portfolios and programs
B) Yes, the project governance should be separated from DND's overall governance
C) No, the project governance should be an integrated part of DND's overall governance

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

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

Solutions: