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Total 114 Questions | Updated On: Nov 20, 2024

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Question 1

Product A is the main driver of both revenue and profit for your company; it has very happy customers (high Current Value) and low Unrealized Value. Product B is relatively new; it has low Current Value and high Unrealized Value. Both Product Owners of the two products are requesting significant additional funding to improve their products. What do you do?

A : Invest funding in Product A, because your company’s success depends on its continued success.

B : Split funding equally between both products.

C : Invest funding in Product B, because it has more future potential for the company.

D : Split funding proportionally based on product revenues.

Answer: C

Question 2

At the beginning of each year, an organization has an annual meeting to propose and approve projects for the upcoming year. Managers will typically follow the process of:

a) Presenting ideas of the projects

b) Defining the benefits

c) Producing the estimations

d) Giving the benefit/cost ratios

A set budget is then approved for each project based on the expected returns. What are the risks of this process? (choose the best answer)

A : All of the above.

B : Technical work estimations are not accurate because managers are not the best ones to give development estimations.

C : Investment decisions could be poor if claimed benefits are overstated.

D : New opportunities might be missed during the year.

E : Cost estimations are not accurate because the scope might not be clear.

Answer: A

Question 3

Which two Key Value Areas are most affected by the daily frequency a team is switching tasks or is interrupted?

A : Time to Market.

B : Current Value.

C : Ability to Innovate.

D : All of the above.

E : Unrealized Value.

Answer: A,C

Question 4

An excellent strategic goal has what minimum essential characteristics?

A : Measurable metrics can be applied to the achievement of the goal.

B : The goal is actionable.

C : A time frame commitment to the target completion date of the goal.

D : The goal is clear about the specific needs it is trying to satisfy in order to meet the goal.

E : The goal is achievable and realistic.

Answer: A,D

Question 5

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.

A : TRUE

B : FALSE

Answer: B

Page: 1 / 23

Total 114 Questions | Updated On: Nov 20, 2024

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