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You are a Product Owner for a product with a rapidly declining customer base. Despite data that indicates the decline is due to a shrinking market, rather than a lack of new features, an influential stakeholder insists on adding more features to attract new customers. The influential stakeholder also says that if you do not add new features you risk losing your most profitable customer. Which two of the following actions might you take? (choose the best two answers)
An effective Product Owner must: (choose the best answer)
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When many Scrum Teams are working on the same product, should all of their Increments be combined every Sprint? (choose the best answer)
If a Scrum Team uses Product Backlog refinement, when should it occur? (choose the best two answers)
You work for a large financial institution. Your products have many interdependencies: you have mobile, web, and ATM product interfaces to financial products like savings, checking, spending, electronic payments, credit cards, and investments. When any of these financial products change, the changes ripple throughout the mobile, web, and ATM clients, and maintaining consistency is challenging. What should you do to reduce this problem? (choose the best answer)
A Sprint forecast is: (choose the best answer)
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What are the attributes of a good Product Vision and Strategy? (choose all that apply)

Question 44 - PSPO-II discussion

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You have more ideas for new products than you have money to invest. What should you do?

(choose the best answer)

A.
Fund small experiments to test the proposed ideas and assumptions, then evaluate results.
Answers
A.
Fund small experiments to test the proposed ideas and assumptions, then evaluate results.
B.
Rank proposals by market potential (Unrealized Value) and fully fund as many as you can.
Answers
B.
Rank proposals by market potential (Unrealized Value) and fully fund as many as you can.
C.
Invest in the proposals that have the highest projected Current Value for the next year.
Answers
C.
Invest in the proposals that have the highest projected Current Value for the next year.
D.
Invest in all of them, but at proportionally lowered amounts, and see how they all perform.
Answers
D.
Invest in all of them, but at proportionally lowered amounts, and see how they all perform.
Suggested answer: A

Explanation:

According to the Professional Scrum Product Owner II guide, one of the key competencies of a Product Owner is to validate product assumptions and hypotheses using empirical evidence1.This means that instead of investing a lot of money and time into building a product based on unproven ideas, the Product Owner should conduct small experiments to test the viability, desirability, and feasibility of the product2. These experiments can take various forms, such as prototypes, mockups, surveys, interviews, landing pages, etc.The goal is to gather feedback from real or potential users and customers, and measure the outcomes against predefined success criteria3.Based on the results of the experiments, the Product Owner can then decide whether to persevere, pivot, or terminate the product idea4. This approach helps to reduce the risk of wasting resources on products that nobody wants or needs, and to focus on the most valuable and promising ideas.

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asked 23/09/2024
Adam Bednar
38 questions
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