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| Section | Objectives |
|---|---|
| Topic 1: Value Delivery and Optimization | - Stakeholder and customer collaboration - Maximizing product value - Value measurement and prioritization |
| Topic 2: Organizational Leadership and Agility | - Scaling product ownership - Leading agile product thinking - Influencing strategy and change |
| Topic 3: Product Backlog Management | - Transparency and clarity of items - Adaptation to changing needs - Backlog creation, refinement, and ordering |
| Topic 4: Understanding and Applying the Scrum Framework | - Empiricism - Scrum Values - Scrum Roles, Events, Artifacts |
| Topic 5: Evidence-Based Management | - Measuring outcomes and impact - Using metrics and data for decisions - Experimentation and validated learning |
| Topic 6: Product Vision and Strategy | - Aligning product work with business strategy - Defining and communicating product vision - Roadmap and strategic goal management |
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NEW QUESTION # 32
What are different ways Product value can be depicted?
What are two ways to measure Product value?
Is releasing work the only way to deliver value? Why or why not?
Answer:
Explanation:
Two ways of describing Product Value:
1. Customer/user value - these are the benefits the customer/user will receive from the product. Solving customer pain points.
2. Business value - the benefits the business will receive from the product. Revenue, profit, employment, etc.
Two ways to measure product value:
1. Customer Usage Index
2. Product Cost Ratio
When working on complex adaptive problems, the value (affect) of the releases can only be perceived in hindsight. This means that the value the product delivers (internally and externally) is best determined by the market response of the product. Releasing to production will help you gather the most valuable feedback and information needed to help you determine what the current value is, determine the unrealized value, understand the team's ability to innovate, and manage the time to market.
For this question observe that there are 4 questions embedded in it and you required to answer each one. For this answer, it is explained the 2 different types of product value, for customer and business, and we also used EBM (Evidence-Based Management) Key Areas to sustain the value description and the answer
NEW QUESTION # 33
Which of the following are true about a Product Backlog?
(choose the best three answers)
Answer: A,C,D
Explanation:
Scrum Guide
The Product Backlog is an emergent, ordered list of what is needed to improve the product. It is the single source of work undertaken by the Scrum Team.
Product Backlog items that can be Done by the Scrum Team within one Sprint are deemed ready for selection in a Sprint Planning event. They usually acquire this degree of transparency after refining activities. Product Backlog refinement is the act of breaking down and further defining Product Backlog items into smaller more precise items. This is an ongoing activity to add details, such as a description, order, and size. Attributes often vary with the domain of work.
The Developers who will be doing the work are responsible for the sizing. The Product Owner may influence the Developers by helping them understand and select trade-offs.
NEW QUESTION # 34
What is typical work for a Product Owner within Sprint?
(choose the best three answers)
Answer: B,F,G
Explanation:
Product Owner is part of the Scrum Team, so he/she needs to collaborate with the team members when they have questions related to working in the Sprint.
At the same time, the Product Owner represents the interests of the stakeholders, so he/she needs to engage and collaborate with them as well
NEW QUESTION # 35
It is the Product Owner's responsibility to write acceptance criteria for all User Stories so that he can validate when an item is fully done.
(choose the best answer)
Answer: A
Explanation:
Acceptance criteria and User Stories are complementary techniques that help to capture customer's requirements, however, they are not part of Scrum.
NEW QUESTION # 36
Which of the following can influence how items are ordered in the Product Backlog?
(choose all that apply)
Answer: A,B,C,D,E
Explanation:
Scrum Guide
The Product Backlog is an emergent, ordered list of what is needed to improve the product. It is the single source of work undertaken by the Scrum Team.
NEW QUESTION # 37
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