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| Section | Objectives |
|---|---|
| Evidence-Based Management (EBM) | - Using metrics to improve product outcomes - Key value areas (Current Value, Time-to-Market, Ability to Innovate, Unrealized Value) |
| 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 |
| Product Backlog Management | - Ordering and refinement of backlog items - Forecasting and release planning |
| Product Strategy and Stakeholders | - Stakeholder management and collaboration - Product vision and strategy alignment |
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NEW QUESTION # 10
You are a Product Owner for an organization that develops and builds products for clients. A potential client insists on having a fixed-date, fixed-scope, fixed-budget project. How would you respond?
What is one advantage and one disadvantage of running projects that have a fixed date, scope, and budget?
Answer:
Explanation:
Response for fixed-date, fixed-scope, and fixed-budget:
1. Learn and understand why the date, scope, and budget is fixed
2. Help the stakeholders understand that there are levels of uncertainty when working on complex adaptive problems. For example, the cone of uncertainty
3. When expectations are clear and everyone is on the same page, collaboratively come up with different options. For example, funding releases or Sprints in order to manage expectations One advantage of a fixed date, scope, and budget:
The date, scope, and budget constraints are known upfront
One disadvantage of a fixed date, scope, and budget:
Flexibility and agility is reduced and the risk of building something users don't want increases
For this answer, it is explored the differences between traditional and agile product development, observe that is important to describe advantages and disadvantages for the traditional format as it also can create value, and remember, there is no silver-bullet for a product development, neither traditional or agile, the main gain is that an agile approach support rapid adaptation and better team collaboration
NEW QUESTION # 11
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 # 12
Which of the following are true about the Product Owner?
(choose the best answer)
Answer: B
Explanation:
Scrum Guide
The Product Owner is accountable for maximizing the value of the product resulting from the work of the Scrum Team. How this is done may vary widely across organizations, Scrum Teams, and individuals.
The Product Owner is also accountable for effective Product Backlog management, which includes:
Developing and explicitly communicating the Product Goal;
Creating and clearly communicating Product Backlog items;
Ordering Product Backlog items; and,
Ensuring that the Product Backlog is transparent, visible and understood.
The Product Owner may do the above work or may delegate the responsibility to others. Regardless, the Product Owner remains accountable.
For Product Owners to succeed, the entire organization must respect their decisions. These decisions are visible in the content and ordering of the Product Backlog, and through the inspectable Increment at the Sprint Review.
The Product Owner is one person, not a committee. The Product Owner may represent the needs of many stakeholders in the Product Backlog. Those wanting to change the Product Backlog can do so by trying to convince the Product Owner.
NEW QUESTION # 13
Which of the following is true about the cone of uncertainty?
(choose the best answer)
Answer: A
Explanation:
Cone of uncertainty is not part of Scrum.
However, many techniques and tools can be employed by the Product Owner that might help when developing complex products
NEW QUESTION # 14
True or False: Scrum is a methodology that provides a defined process for building products incrementally.
Answer: B
Explanation:
Scrum is a framework, not a methodology
NEW QUESTION # 15
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