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NEW QUESTION 20
You have many customers on different versions of the same product. Most of your time and effort is spent maintaining all of the product variations. This leaves you with little time to invest in product improvements.
Which of the following would best help you improve effectiveness to deliver new value? (choose the best answer)
- A. Examining Ability to Innovate measures.
- B. Examining Time to Market measures
- C. None of the above.
- D. Examining Unrealized Value measures.
- E. Examining Current Value measures.
- F. All of the above.
Answer: A
NEW QUESTION 21
What are the attributes of a good Product Vision and Strategy? (choose all that apply)
- A. It describes how the product will generate revenue
- B. It describes who will use the product and what they would like to achieve
- C. It describes how people will use the product to achieve outcomes.
- D. It describes how the product compares to competitor products
Answer: A,B,C,D
NEW QUESTION 22
What would be the best way to have multiple teams get started on a multi-product initiative? (choose the best answer)
- A. Explain to them the goal of the initiative, how success will be measured, and together agree with how they will provide transparency.
- B. Have them start with what they have as they'll self-organize and eventually figure out what to do.
- C. Let the teams know what time of reporting the business will be needing.
- D. Ensure that all features are assigned to the most suitable teams before getting started.
Answer: A
NEW QUESTION 23
True or False: Should the Product Owner care about the dependencies between software or tools?
- A. True
- B. False
Answer: B
NEW QUESTION 24
You are a new Product Owner brought in to fix an existing product. The product is integral to the organization's long-term vision.
When examining the issues you were able to learn that:
-The last three releases have had no positive impact on product value.
-The costs to build and maintain a release is high compared to the revenue it generates. ie Product Cost Ratio.
-The time from which the team starts working on a release to having it shipped to users is long. ie Time-to-Market.
As the Product Owner, which strategy would you pursue? (choose the best answer)
- A. Suggest cancelling the product and focus on other opportunities as the Unrealized Value is low.
- B. Focus on identifying and delivering high-value features that will gain more customers and increase revenue.
- C. Improve the team's Ability to Innovate by identifying and eliminating the waste that is creating the high cost ratios and long release cycles.
Answer: C
NEW QUESTION 25
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