Your product has several internal stakeholders.You've gathered the following feedback related product
direction:
- The CEO thinks the feature is too expensive and suggests to stay focused on the market you're
currently serving.
- The CMO tells you that there's a new market opportunity and believes that in order to reach it, the
product will need a new feature.
- The Developers estimate that this new feature will require a high level of effort.
As the Product Owner, you have full ownership of final product decisions.How should you proceed?
(choose the best answer) - Answers Develop an experiment that will help the business to better
understand the new market, market opportunities and its potential.
Jane is a Product Owner of a product with a variety of stakeholders.The stakeholders are pressing Jane
to add all of their feature requests into the next release. Each one says that their feature is urgent.As
Product Owner, Jane has confirmed that their requests are indeed important.
What should Jane do?(choose the best answer) - Answers Iteratively and incrementally release when
single outcomes are fullfilled, even though not all features are done.
Experimentation can help a Product Owner to:
(choose all that apply) - Answers - Reduce waste.
- Understand the Product/Market fit and business viability of a product.
- Make decisions on whether to invest and build something.
As a Product Owner, you have sufficient data showing the outcome of the last release.
The information shows that very few people are utilizing the new functionality and a number of features
are never being used.
Which of the following actions could you take to further evaluate this unexpected result? (choose all
that apply) - Answers - Spend more time talking with your users to understand their needs.
- Run experiments to increase your understanding of your customer needs.
- Evaluate whether the features are solving the intended problems.
- Turn off the features that are never used and seek more user feedback.
Management has asked you for advice on which product to fund.
,Each product is focusing on different markets.Given the following information:
- Product A has very high user satisfaction scores and high market share.
- Product B has low user satisfaction scores, low market share, but is in a growing market in which no
other competitor has significant market share.
Which product would you suggest funding?(choose the best answer) - Answers Product B.
Which of the following is a benefit of using Scrum as an agile approach? (choose the best answer) -
Answers Managing the business' exposure to risk.
What can be included in the Product Vision and Strategy that will keep people motivated about the
product? (choose all that apply) - Answers - How the product will generate revenue.
- How people will use the product to address their needs.
- The advantages the product has over competitors.
- What people will gain by using the product.
Your job as a Product Owner includes sharing the Product Vision.What is the most effective way for a
Product Owner to share your vision? (choose the best answer) - Answers Make a tailor-made pitch for
your different stakeholder groups and adapt your vision pitch, based upon your target audience.
As a Product Owner, understanding the Scrum Team's velocity will help you measure time to market and
innovation rate.How does technical debt relate to velocity? (choose the two best answers) - Answers - A
Scrum Team can artificially inflate velocity by allowing technical debt to be incurred.
- As the Developers are working on new Product Backlog items, they can run into technical debt
resulting in an unexpected slow down in velocity.
Which statement is TRUE about the Cone of Uncertainty? (choose the best answer) - Answers It can be
used in complex environments to help forecast when a scope of work might likely to be done.
Agile approaches help organizations rapidly respond to market changes.Which measurements would be
helpful in identifying improvement areas to an organization's ability to respond to change? (choose all
that apply) - Answers - Cycle Time.
- Velocity.
- On-Product Index.
- Technical Debt.
What can be measures of internal value? (choose all that apply) - Answers - Employee Satisfaction.
- Time spent context-switching.
, - On-Product Index
- Cycle Time
You are a Product Owner and the most recent report is showing a downward trend in your product's
users.
A stakeholder (Subject Matter Expert) informs you that you need to release more features in order to
win new customers.
Based on the data you have collected, you have confirmed that the loss of customers is due to market
changes rather than the lack of features.
The stakeholder is afraid that if you don't increase the number of features in your next release, you risk
missing the window of opportunity and losing the most valuable customers.
As a Product Owner, which two actions are most appropriate? (choose the two best answers) - Answers
- Acknowledge the stakeholder's viewpoint but decline to increase the number of features in the next
release.
- Run a small experiment, in collaboration with the stakeholder, to validate their feedback.
The DISC is a model that divides behavior into four personality types:
- Dominance: People with the D style tend to be direct, firm or even forceful. They value taking action
and getting results and generally are competitive.
- Influence: People with the I style tend to be outgoing, enthusiastic and generally are optimistic in
nature. Like the D style, they like to take action and are more collaborative than competitive.
- Steadiness: People with the S style tend to be patient and accommodating. They enjoy stability and
much like the i style tend to be collaborative and enjoy being helpful.
- Conscientiousness: People with the C style are usually analytical and reserved. Similar to the S style,
they prefer stability, but their priority on accuracy will cause them to challenge assumptions.
What would be the best way when approaching a stakeholder with a mostly Dominant trait? (choose
the two best answers) - Answers - Offering him/her solutions.
- Providing him/her with options.
Management has asked you for advice on which product to fund.
Each product is focusing on different markets.
Given the following information:
- Product A is the main driver of both revenue and profit for your company.