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| Section | Objectives |
|---|---|
| Topic 1: Product Backlog Management | - Forecasting and release planning - Ordering and refinement of backlog items |
| Topic 2: Product Strategy and Stakeholders | - Product vision and strategy alignment - Stakeholder management and collaboration |
| Topic 3: Evidence-Based Management (EBM) | - Key value areas (Current Value, Time-to-Market, Ability to Innovate, Unrealized Value) - Using metrics to improve product outcomes |
| Topic 4: Product Value Maximization | - Value-driven product decisions - Measuring and optimizing value delivery |
| Topic 5: Scrum Theory and Empiricism | - Empirical process control in product management - Scrum pillars: transparency, inspection, adaptation |
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NEW QUESTION # 45
What is typical work for a Product Owner within Sprint?
(choose the best three answers)
Answer: A,C,F
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 # 46
As a Product Owner, why should you have awareness of the software quality and that the Scrum Team conforms to the Definition of Done?
(choose the best two answers)
Answer: C,E
Explanation:
As a value maximizer, the Product Owner is accountable for maximizing the value of the product resulting from the work of the Scrum Team. Quality could be criteria of measurement for what is being produced. Collecting customer, user, and stakeholder's feedback might help understand if the quality of what is being produced is satisfactory or not
NEW QUESTION # 47
Which statement best describes the Sprint Review?
(choose the best answer)
Answer: B
Explanation:
Scrum Guide
The purpose of the Sprint Review is to inspect the outcome of the Sprint and determine future adaptations. The Scrum Team presents the results of their work to key stakeholders and progress toward the Product Goal is discussed.
NEW QUESTION # 48
The size of the items in the Product Backlog are typically:
(choose the best answer)
Answer: D
NEW QUESTION # 49
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 # 50
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