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

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

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                                                  PECB ISO 21502 Lead Project Manager Exam Sample Questions (Q81-Q86):

                                                  NEW QUESTION # 81
                                                  Scenario:
                                                  Tricko is a clothing manufacturer headquartered in Milano, Italy. The company was founded in 2010 by Mario, a famous Italian fashion designer. Over the last few years, the company has seen immense growth and now has a chain of stores across multiple European cities. Following industry trends, the top management of Tricko concluded that the company should establish an online store. As such, they required Lily, an experienced IT engineer, to develop a brief for this potential project. After several meetings and discussions, the top management approved the project brief and assigned Lily as the project manager. For this project, she was instructed to use the guidelines of ISO 21502 on project management.
                                                  Lily initiated the project by mobilizing the project team, which included four web developers, two network engineers, and one systems analyst. In order to ensure that every team member is fully aware of their roles and responsibilities, Lily developed team performance domains which would link each project activity with the individuals responsible for undertaking it. She explained to the team members that it is important to clearly understand their roles and responsibilities, considering that the team composition cannot be reassessed or revised once the project plan is authorized to be executed. In addition, Lily defined in a document the project's contribution to the overall objectives of Tricko, which reflected the relevant project requirements and their associated acceptance criteria.
                                                  Following that, Lily worked with the project team to discuss project costs. She suggested the team initially establish cost estimates only for the first phase of the project and then for the entire project. In addition, she required cost estimates to be expressed in currency valuations and in labor hours. One of the network engineers suggested that each team member should provide an estimate, and then the team should reach an agreement for a joint estimate. On the other hand, one of the developers suggested establishing an estimate for the costs after the closure of the project, such as advertising and promotion costs. Lily agreed with their suggestions and asked them to provide a total estimate as soon as possible.
                                                  Based on the total estimate provided by the project team, Lily developed the project budget and created a list of project activities, divided them into smaller items, and assigned a budget for each item.
                                                  Question:
                                                  Based on scenario 5, which estimation method for project cost did the network engineer propose?

                                                  Answer: B

                                                  Explanation:
                                                  The correct answer is C. Wideband Delphi estimating . The network engineer proposed that each team member should provide an estimate and that the team should then reach agreement on a joint estimate. This is consistent with Wideband Delphi, a group-based estimation technique in which several experts or team members contribute estimates, discuss assumptions, reconcile differences, and converge toward a consensus estimate. It is especially useful when work is uncertain, expert judgment is needed, or several technical perspectives must be integrated. Option A, parametric estimating, uses statistical relationships or parameters, such as cost per page, cost per transaction, cost per server, or effort per function point. The scenario does not describe the use of historical rates or mathematical parameters. Option B, single-point estimating, provides one estimate for a task, often without explicitly representing uncertainty or group consensus. The network engineer's proposal is not an individual single estimate; it is a collaborative consensus process. For Tricko's online store, this method is suitable because developers, network engineers, and systems analysts each understand different cost drivers. The uploaded source scenario describes this team-estimate-and-consensus method directly.
                                                  Reference topics: cost estimating, Wideband Delphi, expert judgment, consensus estimating, project cost planning.


                                                  NEW QUESTION # 82
                                                  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?

                                                  Answer: C

                                                  Explanation:
                                                  Yes. It is possible for project phases to overlap when the project life cycle and management approach justify it. Project phases are used to structure work, manage decision points, organize resources, control risks, and support progressive delivery. However, phases do not always have to be strictly sequential. Depending on complexity, urgency, uncertainty, and delivery strategy, a project may use overlapping, iterative, incremental, adaptive, or hybrid approaches. In Exhibix's case, the project involves augmented reality glasses, holographic interaction, and software development for therapeutic video games. This type of project may benefit from overlapping phases because design, software development, technical validation, user experience testing, and integration may need to proceed in parallel or through repeated feedback cycles. Overlapping phases can reduce schedule duration and expose technical issues earlier, but they must be controlled carefully because they can increase rework, coordination complexity, dependency risk, and change management demands. The project manager's suggestion is therefore acceptable, provided the sponsor and governance structure maintain appropriate oversight, decision points, and controls. The key issue is not whether phases overlap, but whether the overlap is intentional, justified, authorized, and managed.
                                                  Reference topics: project life cycle, phase overlap, tailoring, complexity, adaptive delivery, phase control.


                                                  NEW QUESTION # 83
                                                  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:
                                                  Lana did not provide any information regarding the project duration in the project brief. Is this acceptable?

                                                  Answer: A

                                                  Explanation:
                                                  The correct answer is B . The project brief should include information about project duration, at least at a high level or as an initial estimate. A project brief is used to summarize the proposed project so that decision- makers can evaluate whether it should be initiated. It should provide enough information to understand the project context, objectives, rationale, high-level scope, target outcomes, key milestones, time frame, and major assumptions or constraints. Duration is especially important because it affects resource planning, cost estimation, feasibility, supplier coordination, governance decisions, and expected benefit timing. Lana included project context and objectives, but omitted duration and stated that it could not be determined. While exact duration may not be fully known at the brief stage, a preliminary time frame, assumption-based estimate, or duration range should still be provided. Her verbal statement during discussions does not replace properly documenting the duration in the project brief. A decision to initiate the project should be based on recorded information, not only informal explanation. Therefore, the omission was not acceptable. The source scenario explicitly states that duration was missing from the project brief and asks whether that omission is acceptable.
                                                  Reference topics: project brief, project duration, pre-project activities, project initiation, high-level planning, feasibility.


                                                  NEW QUESTION # 84
                                                  Which of the options below regarding project reporting is NOT correct?

                                                  Answer: A

                                                  Explanation:
                                                  The correct answer is C because it is the statement that is not correct. The reporting approach and methods should be planned and documented early enough to guide project communications and control, not at the end of the project. Reporting needs to support decision-making throughout the project life cycle, so the project manager should define what will be reported, to whom, how often, in what format, by which method, and using which project information sources. Option A is correct because reporting should align with current project documentation and be based on analysis of project management information. Reports must reflect reliable data, not informal impressions. Option B is also correct because reporting should be monitored and adjusted as stakeholder needs, governance expectations, project complexity, or information requirements change. Reporting is not static; it must remain useful to recipients. Option C would make reporting ineffective because planning it at the end would remove its value for monitoring, forecasting, escalation, and corrective action during delivery. The uploaded question set frames this as a "NOT correct" reporting question and includes option C as the incorrect reporting practice.
                                                  Reference topics: project reporting, reporting approach, project information, communication planning, report recipients, monitoring and adjustment.


                                                  NEW QUESTION # 85
                                                  Reviewing the lessons learned is one of the steps of project closure. Which of the following activities, among others, is performed during this step?

                                                  Answer: C

                                                  Explanation:
                                                  The correct answer is A . During the lessons learned review, recommendations for improvements are defined so they can be considered in the management of similar and future projects. Lessons learned are not merely a record of what happened; they are a structured mechanism for converting project experience into organizational knowledge. This includes identifying successful practices, problems encountered, root causes, corrective actions taken, missed opportunities, stakeholder issues, planning weaknesses, risk responses, and improvement actions. Option B relates to archiving project records and documentation for audit, compliance, traceability, or future reference. That is part of project closure, but it is not the specific activity performed when reviewing lessons learned. Option C relates to performance evaluation, where the project is assessed against the plan and objectives. That is also a closure-related activity, but it is distinct from formulating lessons-based recommendations. The lessons learned step focuses on improving future delivery capability by capturing knowledge and translating it into actionable recommendations. The uploaded question set identifies recommendation development as the relevant lessons learned activity.
                                                  Reference topics: project closure, lessons learned, recommendations for improvement, organizational learning, future project management.


                                                  NEW QUESTION # 86
                                                  ......

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