a)Product portfolio management
a)Shift perspective between long-term and the immediate needs of customers.
b)Shift perspective between capital investments and operational investments.
c)Shift perspective between business needs and customer needs.
d)Shift perspective between business needs and supplier needs.
a)Hours of work
c)Products and services aligned to strategy
d)Time spent in office
a)Keeping track of daily work items delivered
b)Promoting and supporting the use of effective analysis practices
c)Taking update on the work of each team member on an hourly basis
d)Closely managing the work of each team member
a)An advocate for customers
b)Insist on a specific agile approach for the team
c)Close management of the delivery team
d)Take hourly status update from the delivery team
a)Solely relying on social media research
b)Being sensitive to their motivations
c)Spending less time with customers
d)Only relying on what customers say in focus group meeting
a)Being aware of customer motivations
c)Using Low-cost products
d)Studying unrelated books
a)Is responsible for ensuring that the delivery team works well together, amidst a positive work culture.
b)Reads the Agile Manifesto to the team at the start of every scrum meeting.
c)Tracks progress by each team member on an hourly basis.
d)Keeps detailed minutes of all scrum meeting.
ANSWERS WITH EXPLANATIONS
Correct Answer: A. Success of every new product launch
Explanation: A healthy portfolio of products acts as a barometer of success for most organizations by: Instilling confidence and assurance in employees, generating financial success and creating ongoing value for customers. Success of each product can’t be ensured as market and competition can be quite unpredictable.
Correct Answer: A. Product Portfolio Management
Explanation: Product Portfolio Management: Combine customer, market, and competitive analysis with technical innovation to discover and design product offerings that align with enterprise strategy and brand.
Correct Answer: A. Shift perspective between long-term and the immediate needs of customers.
Explanation: The planning horizons are a framework to shift perspective between long-term strategic decision-making and the immediate needs of customers.
Correct Answer: C. Products and services aligned to strategy
Explanation: Although the other 3 aspects can be useful, the most important aspect is to align products to strategy.
Correct Answer: B. Promoting and supporting the use of effective analysis practices.
Explanation: POA practitioners are proficient in analysis.
Correct Answer: A. An advocate for customers
Explanation: Product Owners must act as proxy for Customers.
Correct Answer: B. Being sensitive to their motivations
Explanations: Being sensitive to customer motivations, product owners can design better products.
Correct Answer: A. Being aware of customer motivations
Explanation: Being aware of customer motivations can be a great insight for product owners.
Correct Answer: Communication
Explanation: Communication with Customers is vital to the success of any product.
Correct Answer: A. Is responsible for ensuring that the delivery team works well together, amidst a positive work culture.
Explanation: That’s the primary purpose of these roles.