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1. 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 additional funding to improve their products. What do you do?
(choose the best answer)
Response:
A) Split funding equally between both products.
B) Invest funding in Product A, because your company's success depends on its continued success.
C) Invest funding in Product B, because it has more future potential for the company.
D) Split funding proportionally based on product revenues.
2. Team A has a velocity of 50 with a Product Backlog of 170 points ordered by business value as perceived by stakeholders. Delivery is expected in 4 Sprints. Will this project deliver the anticipated impact?
(choose the best answer)
Response:
A) Maybe
B) Yes.
C) No.
D) We do not know.
3. Which of the following statements is true:
(choose the best answer)
Response:
A) Spending more time identifying and mitigating risk helps to increase the chance of success.
B) The more time spent defining and reviewing project requirements helps to increase the chances of success.
C) Delivering a solution and gathering feedback provides valuable insights for what to do next.
D) Empirical approaches are best suited for simple problems.
4. A Product Owner at ABC company has various types of stakeholders that provide feedback and ideas for the product. At times they have ideas that run counter to one another. At a recent meeting, the Sales Manager insists that a new feature be added in order to reach untapped new customers.
The CFO contends that this new feature is not cost-effective and suggests focusing on other features to improve the satisfaction of existing customers. The PO sees merit in both stakeholder perspectives.
How should the PO proceed?
Response:
A) Implement a small part of the Sales Manager,s proposal in order to gather more information to better understand its potential.
B) Implement the CFO,s request to prevent customer churn.
C) Agree with the Sales Manager,s proposal by implementing the requested features as it will help to boost the sales team,s revenue.
D) Gather the opinions of all stakeholders, then make a decision on which request to pursue based on this information.
5. Which measure best reflects an organisation's ability to be responsive?
Response:
A) Unrealized Value
B) Time to Pivot
C) Ability to Innovate
D) Customer Cycle Time
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: B |
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