CPOA UPDATED EXAM TEST PAPER QUESTIONS AND
ANSWERS MARKED A+
✔✔Monthly or Annually Recurring Revenue per User (MRR/ARR) - ✔✔Product revenue
per month/annum to number of total users.
✔✔Net Present Value (NPV) - ✔✔Discounted cash flow generated from product minus
cost incurred over product lifetime.
✔✔Net Promoter Score (NPS) - ✔✔A 10-point scale is used to gauge customers'
likelihood to recommend product.
✔✔Non-Functional Requirements Analysis - ✔✔Defines how well functional
requirements must perform. Criteria used to judge operation of a product rather than
specific behaviours.
✔✔Now -Next -Later Product Roadmap - ✔✔Good communication visual, especially for
stakeholders. It poses a challenge if it becomes too feature focused. Product owners
seek ways to keep it as value and benefit focused as possible.
✔✔Persona - ✔✔An archetype represents way that users/user group will interact with a
product. Create a shared understanding of both current and future customer needs
✔✔Planned delivery - ✔✔Provides the framework for meaningful communication and
collaboration that alleviates this type of confusion and facilitates alignment of
expectations.
✔✔Problem Definition and Analysis - ✔✔Effectively solve a problem, knowing and
defining problem
✔✔Product (Market) measures - ✔✔Customer acceptance and the popularity of the
product for the intended customer base.
✔✔Product Backlog Management - ✔✔To record, track, and prioritize remaining work
items
✔✔Product Ownership Analysis - ✔✔A set of practices, processes, and procedures to
create successful (product) outcomes.
✔✔Product roadmap - ✔✔Describes how the product will achieve the vision.
✔✔Product Roadmap - ✔✔Strategic, visual tool used to communicate direction and
progress. Measures progress against that vision by achieving stakeholders' desired
outcome.
, ✔✔Product strategy - ✔✔How the product shall be developed - Largely involves the
roadmap of a product. Read it as Product (Development) Strategy.
✔✔Product team - ✔✔Consists of Delivery team, customer or their representatives,
supporting and affected stakeholders
✔✔Product Vision - ✔✔Describes the future state of the product and benefits it will
deliver.
✔✔Product-Market Fit - ✔✔Identify a strong market where a product can thrive.
Foundational step in building a successful product
✔✔Product-Market Fit - ✔✔Describes how a product satisfies the needs of its target
customers.
✔✔RACI Matrix - ✔✔A psychologically safe environment fulfils basic human needs that
allow people to thrive. It allows people to grow, learn and take risks.
✔✔Real Options - ✔✔Helps to determine when to make decisions
✔✔Retention / Churn - ✔✔Number of product users retained, or churned, during a
specific period.
✔✔Return on Investment (ROI) - ✔✔Ratio of total revenue to cost of investment.
✔✔Reviews - ✔✔Demonstrate and inspect an increment of solution with stakeholders.
Elicit feedback to determine if solution being developed aligns with need.
✔✔Risk Analysis and Management - ✔✔Identifies areas of uncertainty and evaluates
those uncertainties. Develops and manages ways of dealing with risks.
✔✔Scaled Agile Framework (SAFe) for Lean Enterprises - ✔✔A knowledge base of
proven, integrated principles, practices, and competencies for achieving business agility
using Lean, Agile, and DevOps.
✔✔Scope Change Rate - ✔✔Ratio of additional effort included in scope of sprints vs.
original effort estimated.
✔✔Scrum-of-scrums - ✔✔Is a scaling mechanism. Scrum scales fractally and limits the
number of communication pathways needed to transmit information relevant to the
success of the enterprise.
ANSWERS MARKED A+
✔✔Monthly or Annually Recurring Revenue per User (MRR/ARR) - ✔✔Product revenue
per month/annum to number of total users.
✔✔Net Present Value (NPV) - ✔✔Discounted cash flow generated from product minus
cost incurred over product lifetime.
✔✔Net Promoter Score (NPS) - ✔✔A 10-point scale is used to gauge customers'
likelihood to recommend product.
✔✔Non-Functional Requirements Analysis - ✔✔Defines how well functional
requirements must perform. Criteria used to judge operation of a product rather than
specific behaviours.
✔✔Now -Next -Later Product Roadmap - ✔✔Good communication visual, especially for
stakeholders. It poses a challenge if it becomes too feature focused. Product owners
seek ways to keep it as value and benefit focused as possible.
✔✔Persona - ✔✔An archetype represents way that users/user group will interact with a
product. Create a shared understanding of both current and future customer needs
✔✔Planned delivery - ✔✔Provides the framework for meaningful communication and
collaboration that alleviates this type of confusion and facilitates alignment of
expectations.
✔✔Problem Definition and Analysis - ✔✔Effectively solve a problem, knowing and
defining problem
✔✔Product (Market) measures - ✔✔Customer acceptance and the popularity of the
product for the intended customer base.
✔✔Product Backlog Management - ✔✔To record, track, and prioritize remaining work
items
✔✔Product Ownership Analysis - ✔✔A set of practices, processes, and procedures to
create successful (product) outcomes.
✔✔Product roadmap - ✔✔Describes how the product will achieve the vision.
✔✔Product Roadmap - ✔✔Strategic, visual tool used to communicate direction and
progress. Measures progress against that vision by achieving stakeholders' desired
outcome.
, ✔✔Product strategy - ✔✔How the product shall be developed - Largely involves the
roadmap of a product. Read it as Product (Development) Strategy.
✔✔Product team - ✔✔Consists of Delivery team, customer or their representatives,
supporting and affected stakeholders
✔✔Product Vision - ✔✔Describes the future state of the product and benefits it will
deliver.
✔✔Product-Market Fit - ✔✔Identify a strong market where a product can thrive.
Foundational step in building a successful product
✔✔Product-Market Fit - ✔✔Describes how a product satisfies the needs of its target
customers.
✔✔RACI Matrix - ✔✔A psychologically safe environment fulfils basic human needs that
allow people to thrive. It allows people to grow, learn and take risks.
✔✔Real Options - ✔✔Helps to determine when to make decisions
✔✔Retention / Churn - ✔✔Number of product users retained, or churned, during a
specific period.
✔✔Return on Investment (ROI) - ✔✔Ratio of total revenue to cost of investment.
✔✔Reviews - ✔✔Demonstrate and inspect an increment of solution with stakeholders.
Elicit feedback to determine if solution being developed aligns with need.
✔✔Risk Analysis and Management - ✔✔Identifies areas of uncertainty and evaluates
those uncertainties. Develops and manages ways of dealing with risks.
✔✔Scaled Agile Framework (SAFe) for Lean Enterprises - ✔✔A knowledge base of
proven, integrated principles, practices, and competencies for achieving business agility
using Lean, Agile, and DevOps.
✔✔Scope Change Rate - ✔✔Ratio of additional effort included in scope of sprints vs.
original effort estimated.
✔✔Scrum-of-scrums - ✔✔Is a scaling mechanism. Scrum scales fractally and limits the
number of communication pathways needed to transmit information relevant to the
success of the enterprise.
