ISO 21502 LPM Quiz 3-5 D1

What does the project governance include?

• The project scope and rules and regulations used by the organization to plan project activities
• The principles, policies, and frameworks used by the organization to plan a project
• The responsibilities of the project sponsor to govern and direct the project life cycle

Implementation is one of the steps for governance of projects, programs, and portfolios. What activity, among others, is performed during implementation?

• Setting governance roles and responsibilities
• Monitoring governance performance
• Performing governance transition

For which of the following roles is the steering committee responsible?

• Approving the project charter and owning the business case
• Evaluating the progress of the project and managing third parties
• Approving the project management plan, evaluating project objectives, and monitoring the project

The most effective instrument to justify if a project is viable and should be initiated is:

• A business case
• A client survey
• A gap analysis

What should be considered, among others, when planning the project’s life cycle?

• Control factors
• The project team
• The project phases

Who can undertake the role of the sponsoring organization in smaller projects?

• The steering committee
• The project manager
• The project board or the project sponsor

What is the role of the project board in a project?

• Guide and direct the project sponsor
• Set responsibilities for the project team
• Provide day-to-day supervision and leadership

Which of the following is a responsibility of the project board during the project?

• Ensure that risks are identified and managed effectively
• Approve the project brief
• Ensure that acceptance criteria are met

The project manager is accountable to _____________ for completing the project’s scope, and for leading and managing the project team.

• The work package leader
• The project sponsor
• The project office

What soft skills should a project manager possess, among others?

• Budget management
• Motivation
• Both A and B