Answering: “In order to justify the price increase of a product, your primary objective should be to:”

In order to justify the price increase of a product, your primary objective should be to:
(choose the best answer)
A. Reduce the number of features to make the product easier to use.
B. Reduce the price for a period of time before increasing it above the original price.
C. Improve the value experienced by the customer.
D. Add more features to make the product more attractive.

Answering: “In order to justify the price increase of a product, your primary objective should be to:” Read More »

Answering: “Your stakeholders are very demanding and each of them has at least one feature that they say is essential for the next release. As the Product Owner you have validated that the feature requests are all valid requests and would likely add value to your product. What should you do?”

Your stakeholders are very demanding and each of them has at least one feature that they say is essential for the next release. As the Product Owner you have validated that the feature requests are all valid requests and would likely add value to your product. What should you do?
(choose the best answer)
A. Release when you can satisfy at least a single outcome, even though not all features are implemented.
B. Wait until all essential features are complete before releasing the product.
C. Escalate to the steering committee to make the call.
D. Pick the two most influential stakeholders and satisfy their needs, then release.

Answering: “Your stakeholders are very demanding and each of them has at least one feature that they say is essential for the next release. As the Product Owner you have validated that the feature requests are all valid requests and would likely add value to your product. What should you do?” Read More »

Answering: “As an investor or shareholder, which of the following measures might give you insight about whether a product is delivering value?”

As an investor or shareholder, which of the following measures might give you insight about whether a product is delivering value?
(choose all that apply)
A. Revenue per Employee.
B. Market Share.
C. The average selling price as compared to close competitors.
D. Product profitability.
E. The weekly velocity of the Developers.

Answering: “As an investor or shareholder, which of the following measures might give you insight about whether a product is delivering value?” Read More »

Answering: “You are a Product Owner for a product that publishes customer usage rates by feature.”

You are a Product Owner for a product that publishes customer usage rates by feature.
An influential stakeholder does not believe the data showing the usage rates, and insists that a particular feature is essential, despite data showing low usage rates. The stakeholder believes that measuring feature usage is a waste of time.
As Product Owner you have confirmed that the data is accurate and believe that the data is valuable to help you and your team. What should you do?
(choose the best answer)
A. Continue to measure and publish the data, to provide openness and transparency, and use it to inform your decisions.
B. Stop measuring feature usage to appease the stakeholder.
C. Continue measuring feature usage and use it to inform your decisions, but do not publish it.

Answering: “You are a Product Owner for a product that publishes customer usage rates by feature.” Read More »

Answering: “Managing a Product Backlog involves which of the following activities?”

Managing a Product Backlog involves which of the following activities?
(choose all that apply)
A. Ordering the Product Backlog.
B. Forecasting the effort of Product Backlog items.
C. Reviewing the Product Backlog with stakeholders.
D. Reducing or eliminating dependencies between Product Backlog items.
E. Breaking large Product Backlog items into multiple smaller Product Backlog items.

Answering: “Managing a Product Backlog involves which of the following activities?” Read More »

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