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| Section | Objectives |
|---|---|
| Topic 1: Product Value Maximization | - Measuring and optimizing value delivery - Value-driven product decisions |
| Topic 2: Product Backlog Management | - Forecasting and release planning - Ordering and refinement of backlog items |
| Topic 3: Product Strategy and Stakeholders | - Stakeholder management and collaboration - Product vision and strategy alignment |
| Topic 4: Scrum Theory and Empiricism | - Scrum pillars: transparency, inspection, adaptation - Empirical process control in product management |
| Topic 5: Evidence-Based Management (EBM) | - Key value areas (Current Value, Time-to-Market, Ability to Innovate, Unrealized Value) - Using metrics to improve product outcomes |
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NEW QUESTION # 27
What are appropriate responses if the Scrum Team identifies that the workload in the Sprint Backlog has become greater than their capacity during the Sprint Planning?
(choose the best two answers)
Answer: A,D
Explanation:
As the Sprint Backlog emerges across the Sprint, if the work needed is larger than what the team can produce, the Product Owner needs to be informed and the work might change
NEW QUESTION # 28
When should the Product Backlog be updated?
(choose the best answer)
Answer: 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 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 # 29
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: B
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 # 30
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 # 31
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 # 32
......
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