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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)

  • A. Unrealized Value.
  • B. Time to Market.
  • C. Current Value.
  • D. Ability to Innovate.

Answer: A,D


Your CEO thinks your organization needs to deliver more quickly. There is no shortage of opinions about how you should go about this. Some managers think they need to hire more people, some engineers think the answer is automation. You can’t pursue every idea, and some ideas may not be worth pursuing.
What could best help you understand the problem and where to improve? (choose the best answer)

  • A. Hire more people to handle the workload while also working to improve automation.
  • B. Conduct a customer satisfaction survey to find areas of dissatisfaction.
  • C. Create a Value Stream Map to understand the current process and its bottlenecks.
  • D. All of the above.
  • E. Analyze employee utilization rates to understand where efficiency needs to be improved.

Answer: C


What things might a Product Owner focus on to ensure the product is useful and delivers value? (choose all that apply)

  • A. How much of the functionality of the product is being utilized.
  • B. The size of the product in “lines of code”.
  • C. Minimizing changes to project scope
  • D. Direct customers feedback.
  • E. How swiftly and easily the product can be consumed and used by the customers.

Answer: A,D,E


You are the Product Owner for a product with diverse stakeholders with differing opinions that sometimes conflict. Your director of Marketing strongly believes that you should add a major new feature to reach a new market. You CEO believes that the new feature is too expensive and thinks you should focus on other features to make existing customers happier. The CEO says that as Product Owner it is ultimately your decision. You think both perspectives have merit, but you cannot do both.
How should you proceed? (choose the best answer)

  • A. Better understand the positions of other stakeholders to gather more information, then make a decision
  • B. Trust the Director of Marketing’s opinion and add the features; when revenues increase, you will be vindicated.
  • C. Devise an experiment that will help the company to better understand the new market and its potential.
  • D. Trust the CEO’s opinion and focus on current customers, since you cannot afford unhappy customers.

Answer: C


Which of the following actions can provide you with insights into your product’s potential value? (choose the best answer)

  • A. Monitoring feature usage of customers.
  • B. Learning about feature requests from customers.
  • C. None of the above.
  • D. Measuring the satisfaction of your customers.
  • E. All of the above.
  • F. Evaluating your competitors’ products.

Answer: E



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