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What do you do?
Product A is the main driver of both revenue and profit for your company; it has very happy customers (high Current Value) and low Unrealized Value. Product B is relatively new; it has low Current Value and high Unrealized Value. Both Product Owners of the two products are requesting significant...
Which of the following is the best way for them to proceed?
An organisation has a large number of products and is unsure about how to allocate funding across the products. Which of the following is the best way for them to proceed?A . Allocate funding evenly based on the revenue share for each product B. Allocate funding equally across all products...
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.
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 ....
In Scrum, how would budgeting and financial forecasting be performed? (choose the best two answers)
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...
How can you improve your Time to Market?
You have 20 teams working on a single release that will deliver 30 different features to your customers. It is estimated that this release will be completely finished in 4-5 months. How can you improve your Time to Market? (choose the best answer)A . As soon as a feature is...
When determining the ordering of an item on the Product Backlog, what are some things a Product Owner should consider? (choose all that apply)
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...
True or False: When many agile teams are working on different products, they should create a common status reporting dashboard of work performed in order for management to understand the status of each team.
True or False: When many agile teams are working on different products, they should create a common status reporting dashboard of work performed in order for management to understand the status of each team.A . False B. TrueView AnswerAnswer: A Explanation: Understanding progress against goals provides the best insight into...
What is the most appropriate action?
Your product is used by businesses of various sizes. A very large company, that is interested in your product, would like a set of features implemented if they were to purchase your product. As a customer, this company would significantly increase your revenue. They also tell you that the features...
What are the most important characteristics of a strategic goal? (choose the best two answers)
What are the most important characteristics of a strategic goal? (choose the best two answers)A . It is specific B. It is realistic C. It is actionable D. it is measurableView AnswerAnswer: A,D Explanation: In a complex world, a good goal is specific and measurable but does not need to...
What would be the best way to have multiple teams get started on a multi-product initiative? (choose the best answer)
What would be the best way to have multiple teams get started on a multi-product initiative? (choose the best answer)A . Ensure that all features are assigned to the most suitable teams before getting started. B. Let the teams know what time of reporting the business will be needing. C....