Scrum PSPO-II Professional Scrum Product Owner II Online Training
Scrum PSPO-II Online Training
The questions for PSPO-II were last updated at Nov 23,2024.
- Exam Code: PSPO-II
- Exam Name: Professional Scrum Product Owner II
- Certification Provider: Scrum
- Latest update: Nov 23,2024
The current product is making a profit; however, the Sale Manager advises James, a Product Owner, to reduce the price to attract more customers. The Financial Director argues that this may harm the company revenue.
What are the reliable sources that help Jame decide the product’s pricing strategy? (choose the best two answers).
- A . Company profit reports
- B . Competitor’s pricing
- C . Sale channel strategy
- D . Market share
B,D
Explanation:
As evidence of organizational agility, the Evidence-Based Management approach measures value and provides ways to measure and improve the ability to deliver value. This approach allows organizations to make rational, fact-based decisions, elevating conversations to empirical evidence, logic, and insight from preferences and views.
It will help you evaluate the unreleased value of the product by measuring market share and competitor pricing. It will help you to make more informed pricing decisions using these data points.
In Scrum, how would budgeting and financial forecasting be performed? (choose the best two answers)
- A . Fixed budgets are not allowed in Scrum.
- B . Frequently inspect the outcomes of the delivered Sprint Increments to understand how much value is being produced per investment spent.
- C . Budgeting is not necessary as the only funding necessary is the operational costs of the Scrum Teams.
- D . A single release may be funded with several Sprints where every Sprint is producing shippable increments.
B,D
Explanation:
The cost of developing, delivering, and sustaining products can impact how the flow of value is managed throughout the life of a product. Each Sprint is an opportunity to inspect the investment (financial, time, effort, etc) against the returned value (customer satisfaction, revenue, etc) of the work that has been delivered. The team can then decide on what it should do next to maximize the value of the investment.
Evidence-Based Management is …
- A . A management framework to ensure the delivery of maximum value.
- B . Mandatory practice for Product Owners using Scrum.
- C . Mandatory practice for Scrum Masters to apply for a Scrum Team.
- D . A framework organizations can use to help them measure, manage, and increase the value they derive from their product delivery
- E . A methodology organization can use to help them m increase the value of their product.
D
Explanation:
It provides a framework for organizations to improve their ability to deliver value in an uncertain world, seeking a path toward strategic goals. Using intentional experimentation and evidence (measures), EBM enables organizations to systematically
What best illustrates a GO product roadmap? (choose the best two answers)
- A . It provides an overview of all user stories ordered by a sequence of releases.
- B . It focuses on what is being done now, what will be done next and what will be done later.
- C . It focuses on the goals rather than the features
- D . It supports value steering
C,D
Explanation:
The first option is the Now-next-later map and the last option is the story map. The Product Owner might use a story map to categorize all features, ordered by release.
The GO product roadmap focuses on goals that enable value steering (steering on the outcome) instead of steering on work packages (steering on output). In short, it focuses more on "Outcome" than "Output."
True or False: Michael, a new Product Owner, has been assigned to work in the Finance industry, which is new to him. He is unsure about the market desires and customer needs. The Product Manager advised Michael to conduct experiments, validate customer needs, start doing smaller releases more often.
- A . True
- B . False
A
Explanation:
As uncertainty is high, conducting experiments is the best way to test your hypothesis. Smaller releases also minimize the risk and help the Product Owner adjusts the product’s strategy.
Every Scrum Team must have a Product Owner and Scrum Master (choose the best answer)
- A . Yes, and they must be 100% dedicated to each team.
- B . No
- C . Yes, and each Scrum Team’s performance may be affected by how much they participate during
the Sprint as a Scrum Master or Product Owner.
C
Explanation:
Every Scrum team only can have a Product Owner and a Scrum Master. The Product Owner is one person, not a committee. The Product Owner may represent the needs of many stakeholders in the Product Backlog.
They should work as a single team/product to maintain focus, but this is not mandatory.c
Which of the following measures would help you understand the potential market for your product? (choose the best answer)
- A . All of the above.
- B . Usage Index.
- C . Quarterly revenue trends.
- D . Net Promoter Score (NPS).
- E . Market Share trends.
A
Explanation:
All of these measures will help you to understand the needs of potential customers.
When determining the ordering of an item on the Product Backlog, what are some things a Product Owner should consider? (choose all that apply)
- A . Alignment with business strategy and goals
- B . Importance to customers
- C . The complexity of developing the Product Backlog Item
- D . Risk
- E . Alignment and dependencies with existing Product Backlog items
A,B,C,D,E
Explanation:
All of them are correct.
WHY ORDERING YOUR BACKLOG IS IMPORTANT
There are many reasons why having a healthy, ordered product backlog is important to teams.
When determining the ordering of an item on the Product Backlog, what are some things a Product Owner should consider? (choose all that apply)
- A . Alignment with business strategy and goals
- B . Importance to customers
- C . The complexity of developing the Product Backlog Item
- D . Risk
- E . Alignment and dependencies with existing Product Backlog items
A,B,C,D,E
Explanation:
All of them are correct.
WHY ORDERING YOUR BACKLOG IS IMPORTANT
There are many reasons why having a healthy, ordered product backlog is important to teams.
When determining the ordering of an item on the Product Backlog, what are some things a Product Owner should consider? (choose all that apply)
- A . Alignment with business strategy and goals
- B . Importance to customers
- C . The complexity of developing the Product Backlog Item
- D . Risk
- E . Alignment and dependencies with existing Product Backlog items
A,B,C,D,E
Explanation:
All of them are correct.
WHY ORDERING YOUR BACKLOG IS IMPORTANT
There are many reasons why having a healthy, ordered product backlog is important to teams.
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