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| Section | Objectives |
|---|---|
| Topic 1: Evidence-Based Management Foundations | - Transparency, inspection, and adaptation principles - Empiricism in product and organizational decision-making |
| Topic 2: Measuring Outcomes and Value | - Value-based metrics and flow metrics - Using evidence for decision-making |
| Topic 3: Key Value Areas (KVAs) | - Unrealized Value - Time to Market - Current Value - Ability to Innovate |
| Topic 4: Improving Organizational Effectiveness | - Outcome-driven improvement strategies - Reducing waste and improving flow efficiency |
1. An organization is currently having difficulties delivering new releases of their products in a timely manner. When asked, the teams say that they need to share team members across different teams and products in order for a team to get their work done. At least one team needs help from a member of another team at any point in time.
Which of the following would be the most appropriate response?
(choose the best answer)
Response:
A) Work with HR to hire more people to increase the capacity of the teams.
B) All of the above.
C) Reduce the number of products in order to help improve focus and reduce dependencies between teams.
D) Create project plans for each of the products to include how to coordinate between teams and team members.
E) None of the above.
2. Most of the people in your target market are also your product users. At the moment, you have very few competitors and your customers love your product. As you plan for the company's future, how would you leverage the current product's success?
(choose the best answer)
Response:
A) Invest in the product,s customer service in order to increase revenue.
B) For the current product, limit investments to essential enhancements and maintaining product quality, and explore new markets.
C) Continue to invest in new features for the current product so you don,t lose your users to the competitors.
D) Have the steering committee decide where to focus on investments.
3. True or False: When many agile teams are working on different products, they should create a common status reporting dashboard of work performed in order for management to understand the status of each team.
Response:
A) False
B) True
4. An excellent strategic goal has what minimum essential characteristics?
(choose the best two answers)
Response:
A) The goal is achievable and realistic.
B) A time frame commitment to the target completion date of the goal.
C) The goal is actionable.
D) The goal is clear about the specific needs it is trying to satisfy in order to meet the goal.
E) Measurable metrics can be applied to the achievement of the goal.
5. Application A is generating the most money and profit for a company with a very happy customer base (high Current Value) and low Unrealized Value. Application B is fairly new and has low Current Value but has high Unrealized Value.
The Product Owners of both apps are requesting significantly more funding to add improvements to their products. How should this company respond?
(choose the best answer)
Response:
A) AA should split the funding evenly in order to hedge and balance risk.
B) The company should split the funding proportionately to app revenue.
C) Invest funding for the B application on the grounds that it has more future potential value for the company.
D) Approve the request for funds to the A application because it is the primary driver of this company,s success.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: D,E | Question # 5 Answer: C |
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