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| Section | Objectives |
|---|---|
| Product Strategy and Stakeholders | - Product vision and strategy alignment - Stakeholder management and collaboration |
| Evidence-Based Management (EBM) | - Using metrics to improve product outcomes - Key value areas (Current Value, Time-to-Market, Ability to Innovate, Unrealized Value) |
| Product Backlog Management | - Ordering and refinement of backlog items - Forecasting and release planning |
| Product Value Maximization | - Value-driven product decisions - Measuring and optimizing value delivery |
| Scrum Theory and Empiricism | - Scrum pillars: transparency, inspection, adaptation - Empirical process control in product management |
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NEW QUESTION # 61
The size of the items in the Product Backlog are typically:
(choose the best answer)
Answer: D
NEW QUESTION # 62
What is likely to happen if the Product Backlog is not sufficiently clear enough at the Sprint Planning?
(choose the best answer)
Answer: D
Explanation:
Scrum Guide
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.
NEW QUESTION # 63
What are the risks of having longer releases versus shorter releases?
How does Scrum manage risk?
Answer:
Explanation:
Three risks with long/major release timelines compared to rapid functional releases:
1. As the release cycle becomes longer, the ability to respond to market change decreases
2. For larger releases (with many increments and features), it is more difficult to measure the impact of each increment and/or features and how they affect each other
3. As the release cycle becomes longer, transparency decreases which result in an increased risk of deviating from the product vision How Scrum manages risks:
Scrum uses empiricism to manage risk. The framework uses an iterative and incremental approach to control risk and optimize predictability. It values transparency, inspection, adaptation, self-organization, cross-functionality, and Scrum Values. Scrum prescribes time-boxed events that are used as feedback loops. For example, Sprints limit risk to a maximum of one calendar month of cost.
For this answer, it is explained the differences between short and long releases, and as an experienced product professional, you can use your own experience to exemplify it and also sustain your answer. Observe that long releases can be harmful to your product as it takes time to validate ideas and hypothesis, however, short releases might help, but you should observe if the frequency is not too high for your customers/users to follow
NEW QUESTION # 64
Give two examples of a Scrum Master helping the Product Owner.
Give two examples of a Scrum Master hindering the Product Owner.
Answer:
Explanation:
Scrum Master helps the Product Owner:
1) When the Product Owner is new to the role or transitioning from a traditional waterfall process, the Scrum Master helps the Product Owner understand the value of empiricism and moving his/her focus from the process and more towards the outcomes of the work being done. The Scrum Master works with the Product Owner to find the right tools that will help the Product Owner effectively measure the impact of the releases and how to base future decisions on the outcomes
2) The Scrum Master helps the Product Owner find ways of effectively managing the Product Backlog. For example, mapping items to identify dependencies between work items, just in time development to reduce waste Scrum Mater impeding the Product Owner:
1) Scrum Master dictating how the Product Owner should order the Product Backlog items rather than coaching and allowing the Product Owner to take ownership of the Product Backlog
2) Scrum Master not addressing conflicts between the Scrum Team members and Product Owner leads to division between team members. For example, arguments that result from people not actively listening or not trying to understand others perspectives
For this answer, you can use your own experience to described and also consult the Scrum guide to help you inspect how the Scrum Master might help or not the Product Owner.
NEW QUESTION # 65
As a Product Owner, how would you track innovation?
What steps can you take to produce more innovation over each Sprint?
Answer:
Explanation:
A Product Owner can track innovation using the Innovation Rate KVM as defined under the Ability to Innovate EBM. There are various measures that can be tracked such as Feature Usage Index, Innovation Rate, Technical Debt, Defect trends, etc. This can provide insights into the organization's ability to deliver new product capabilities.
Here are 2 steps a Product Owner could take to achieve more innovation for each Sprint:
Each Sprint has a cost. A cost in time and budget.
1. Measure the number of items that are related to innovation in the Sprint Backlog in order to create an Innovation Trend. This diagram gives us an overview of the percentage of budget spent on innovation versus the budget spent on maintenance and enhancements of already delivered features.
2. Reducing or managing technical debt will help to improve the quality of the product which results in a higher innovation rate by an increased budget percentage on innovation.
For this answer, it is important that you answer based on your experience and understanding. A strong suggestion is that you use elements to sustain your answer and in this case, it is used the EBM (Evidence-Based Management) guide and its Key Value Areas
NEW QUESTION # 66
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