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

SectionObjectives
Topic 1: Project Closure- Formal project closing
  • 1. Deliverable acceptance
    • 2. Administrative closure
      - Lessons learned and evaluation
      • 1. Post-project review
        Topic 2: Project Implementation and Execution- Stakeholder engagement
        • 1. Expectation management
          • 2. Communication management
            - Project work execution
            • 1. Team management and leadership
              • 2. Deliverable production
                Topic 3: Monitoring and Control- Risk and change control
                • 1. Change request management
                  • 2. Issue and risk monitoring
                    - Performance tracking
                    • 1. Progress reporting
                      • 2. Schedule and cost control
                        Topic 4: Project Initiation- Project charter and authorization
                        • 1. Defining objectives and scope
                          - Project justification and feasibility
                          • 1. Business case development
                            • 2. Stakeholder identification
                              Topic 5: Project Management Principles (ISO 21502 Framework)- Project governance and organizational context
                              • 1. Governance structures and decision-making
                                • 2. Roles and responsibilities in projects
                                  - Project life cycle overview
                                  • 1. Phases of project lifecycle
                                    • 2. Tailoring project approaches
                                      Topic 6: Project Planning- Risk and quality planning
                                      • 1. Risk identification and assessment
                                        • 2. Quality management planning
                                          - Scope and deliverables definition
                                          • 1. Work breakdown structure (WBS)
                                            - Schedule, cost, and resource planning
                                            • 1. Time scheduling techniques
                                              • 2. Budgeting and cost estimation
                                                • 3. Resource allocation

                                                  PECB ISO 21502 Lead Project Manager Sample Questions:

                                                  1. Which digital tools can be used to facilitate the collaboration of the project team?

                                                  A) Agenda management, teleconferencing, document-sharing websites
                                                  B) Both A and B
                                                  C) Planning software, digital collaboration, social media


                                                  2. Scenario:
                                                  Leute is a low-cost airline, headquartered in Wien, Austria. The company aims to offer passengers optimal options regarding its services and gain the lead role among other competitors in the airline industry. Recently, Leute experienced a major drop in revenue due to negative reviews from customers in various online platforms. To increase its profit and enhance customer satisfaction, the company decided to expand its in- flight services by offering entertainment, such as movies, audio books, and games, food for purchase in economy and full meals in premium cabins, and comforts, such as blankets and pillows. For the implementation of this project and future projects of the airline, the CEO of Leute, Michaele Wagner, decided to follow the guidelines of ISO 21502 on project management.
                                                  Initially, Allison, the project manager, created a short document in which she justified and summarized all project aspects, including: the nature and purpose of the project, the objectives of the project, key milestones of the project and the time needed to complete the project, and the audience that the project targets.
                                                  Afterward, Allison held a meeting with Michaele during which she presented this document and briefly explained each of its points. After a considerable amount of analysis and discussions, the project initiation was approved by Michaele. In addition, a team of eighteen members was authorized to start with the project activities.
                                                  While undertaking the project activities, Allison ensured that each work package takes longer than 8 hours, but less than 80 hours, so that they would be completed in 1 to 10 working days. In addition, during this phase, several changes were made in the predefined aspects of the project, which were approved by Nick Todd, the project sponsor. For instance, initially, the project delivery was set to be completed after six months. However, considering how the project was implemented and the time required for the completion of each phase, the deadline for the project completion was postponed for another two months. These changes were also reflected in the business case, which was updated accordingly.
                                                  A month after the project execution began, Allison conducted an earned value analysis to measure the progress of the project up to that stage. She measured how efficiently the work was being performed with regard to its budgeted cost, after which she concluded that it was going according to the plan. Moreover, she organized a meeting with relevant project stakeholders in order to communicate the progress report to them.
                                                  Question:
                                                  Based on scenario 3, Allison conducted the earned value analysis to measure the efficiency of work being performed with regard to its budgeted cost. Which of the following metrics did Allison use in this case?

                                                  A) Cost variance (CV)
                                                  B) Actual cost (AC)
                                                  C) Cost performance index (CPI)


                                                  3. 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:
                                                  According to scenario 6, Ross categorized the tournament organizers as stakeholders with low interest but high power in the project. Based on the power/interest matrix, how should Ross manage tournament organizers?

                                                  A) He should keep them satisfied
                                                  B) He should manage them closely
                                                  C) He should monitor them


                                                  4. Which of the following is an example of an internal project interface?

                                                  A) Review points
                                                  B) Regulatory agencies
                                                  C) Community groups


                                                  5. The project manager developed the WBS by noting different deliverables and tasks in columns and rows.
                                                  Which type of WBS format did the project manager use?

                                                  A) List
                                                  B) Spreadsheets
                                                  C) Flowchart


                                                  Solutions:

                                                  Question # 1
                                                  Answer: B
                                                  Question # 2
                                                  Answer: C
                                                  Question # 3
                                                  Answer: A
                                                  Question # 4
                                                  Answer: A
                                                  Question # 5
                                                  Answer: B

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