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| Section | Objectives |
|---|---|
| Topic 1: Product Value Maximization | - Measuring and optimizing value delivery - Value-driven product decisions |
| Topic 2: Evidence-Based Management (EBM) | - Using metrics to improve product outcomes - Key value areas (Current Value, Time-to-Market, Ability to Innovate, Unrealized Value) |
| Topic 3: Scrum Theory and Empiricism | - Empirical process control in product management - Scrum pillars: transparency, inspection, adaptation |
| Topic 4: Product Backlog Management | - Forecasting and release planning - Ordering and refinement of backlog items |
| Topic 5: Product Strategy and Stakeholders | - Stakeholder management and collaboration - Product vision and strategy alignment |
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질문 # 44
What are the risks of having longer releases versus shorter releases?
How does Scrum manage risk?
정답：
설명：
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
질문 # 45
As a Product Owner, which of the following two activities are most important?
(choose the best two answers)
정답：A,C
설명：
It is not required that a Product Owner Always being near the Scrum Team in case they have questions or writes and adding User Stories to the Product Backlog.
질문 # 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)
정답：A,D
설명：
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
질문 # 47
As a Product Owner, how would you track innovation?
What steps can you take to produce more innovation over each Sprint?
정답：
설명：
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
질문 # 48
As a Product Owner, which of the following would help you minimize waste in managing the Product Backlog?
(choose the best two answers)
정답：B,C
질문 # 49
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