You release your product to customers once every month, which is better than any competitor. Most of the features you deliver are simply minor changes or corrections to existing features, but customer satisfaction remains low. What Key Value Area should be your primary focus to improve the competitiveness of your product? (choose the best two answers)
Correct Answer: C,D
PSPO-II Exam Question 22
A Product Backlog is: (choose the best three answers)
Correct Answer: B,C,D
PSPO-II Exam Question 23
Product A is a big revenue producer; it has: . High Current Value and Low Unrealized Value. Product B is a new product with a lot of potential; it has: . Low Current Value and High Unrealized Value. Using those two data points and taking a long-term view, which of the options below should you pursue? (choose the best answer)
Correct Answer: A
According to the Professional Scrum Product Owner™ II certification guide1, the Product Owner is accountable for maximizing the value of the product resulting from the work of the Scrum Team. This means that the Product Owner should have a clear vision of the product, understand the needs and desires of the customers and stakeholders, and prioritize the Product Backlog items based on their value and urgency. The Product Owner should also use evidence-based management to measure the value delivered by the product and make informed decisions about the product strategy and direction. In this question, Product A has a high current value, which means that it is generating a lot of revenue and satisfying the existing customers. However, it also has a low unrealized value, which means that it has little room for improvement or innovation, and may face competition or obsolescence in the future. Product B has a low current value, which means that it is not generating much revenue or satisfying many customers. However, it also has a high unrealized value, which means that it has a lot of potential for improvement or innovation, and may capture new markets or opportunities in the future. Taking a long-term view, the Product Owner should weight the investment toward Product B, since it has more potential to deliver value in the future. This does not mean that the Product Owner should neglect Product A, but rather balance the investment between the two products based on the expected return on investment and the risk involved. Investing equally in both products may not be optimal, as it may result in underinvesting in Product B and overinvesting in Product A. Weighting the investment toward Product A may not be wise, as it may result in missing out on the opportunities offered by Product B and losing the competitive edge in the market.
PSPO-II Exam Question 24
When determining the ordering of an item on the Product Backlog, what are some things a Product Owner should consider? (choose the best four answers)
Correct Answer: A,C,D,E
Let's analyze each option to determine the best considerations for a Product Owner when ordering the Product Backlog, referencing PSPO II competencies: * A. Alignment with organizational strategy and goals. * Verification: This is a correct answer. * Explanation and References: * Professional Scrum Competency: Managing Products with Agility - Business Strategy * The Product Backlog should reflect the overall business strategy and contribute to achieving organizational goals. * Professional Scrum Competency: Managing Products with Agility - Product Vision * The Product Vision is guided by the organizational strategy. The Product Backlog ordering should help realize that vision. * Additional Explanation: A Product Owner must ensure the product is strategically aligned, maximizing the return on investment for the organization. * B. The techniques the Developers will use to implement the item. * Verification: This is incorrect. * Explanation and References: * Professional Scrum Competency: Understanding and Applying the Scrum Framework - Applying the Scrum Framework - Self-Managing Teams * The Developers are responsible for determining how they will implement Product Backlog items. The Product Owner focuses on the what and why. * Additional Explanation: The Product Owner should trust the Developers' expertise in technical implementation. While high-level technical feasibility might be a consideration, the specific techniques used are within the Developers' domain. * C. Risk. For example; business risk, market risk, or technology risk. * Verification: This is a correct answer. * Explanation and References: * Professional Scrum Competency: Managing Products with Agility - Evidence-Based Management * Identifying and mitigating risks is crucial for maximizing product value. Addressing high-risk items early can prevent significant problems later. * Professional Scrum Competency: Managing Products with Agility - Business Strategy * Understanding and mitigating business and market risks is essential for strategic product development. * Additional Explanation: Addressing high-risk items early (when appropriate) allows for early learning and adaptation, reducing overall project risk. * D. Alignment with other Product Backlog items. * Verification: This is a correct answer. * Explanation and References: * Professional Scrum Competency: Managing Products with Agility - Forecasting & Release Planning * Considering dependencies and relationships between Product Backlog items is essential for effective release planning. * Professional Scrum Competency: Managing Products with Agility - Product Backlog Management * The Product Backlog should be ordered in a way that considers dependencies and logical groupings of items to deliver coherent functionality. * Additional Explanation: Grouping related items or addressing dependencies early can improve development efficiency and create more valuable increments. * E. Importance to users or customers. * Verification: This is a correct answer. * Explanation and References: * Professional Scrum Competency: Managing Products with Agility - Stakeholders & Customers * Understanding and prioritizing based on user and customer needs is fundamental to delivering a valuable product. * Professional Scrum Competency: Managing Products with Agility - Product Value * Delivering value to users and customers is the ultimate goal, and the Product Backlog ordering should reflect this. * Additional Explanation: Focusing on user and customer value helps ensure that the most important features are delivered first, maximizing user satisfaction and business impact. In conclusion, the four best considerations for ordering the Product Backlog are: alignment with organizational strategy and goals, risk, alignment with other Product Backlog items, and importance to users or customers. These factors help the Product Owner maximize product value, manage risks, and ensure the product aligns with business objectives and user needs, in accordance with the PSPO II competencies.
PSPO-II Exam Question 25
What are the attributes of a good Product Vision and Strategy? (choose all that apply)