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PECB ISO-21502-Lead-Project-Manager Exam Syllabus Topics:

PECB ISO 21502 Lead Project Manager Sample Questions:

1. When can the project benefits be realized?

A) During the project, at the end of the project, or after the project has closed
B) At the end of the project only
C) Only after the post-project activities have been completed

2. Which of the following statements regarding lessons learned is correct?

A) They provide answers only about what really happened and not what was planned to happen
B) They should be disseminated and used only after all project activities are completed
C) They should be captured, compiled, formalized, and stored

3. 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:
In scenario 1, DND considered studies related to similar projects when analyzing its external environment. To which external factor do studies belong?

A) Academic research
B) Marketplace conditions
C) Commercial database

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

A) By reporting and communicating the status of expected benefits
B) By taking corrective, and when required, preventive actions in case of deviations from the planned benefits
C) By collecting performance measurements for each benefit

5. What is the purpose of controlling a project?

A) To monitor and measure performance against the project plan
B) To authorize the initiation of each stage of the project
C) To ensure that the scope of the project does not change under any circumstances

Solutions: