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| Section | Objectives |
|---|---|
| Topic 1: Measuring Outcomes and Value | - Value-based metrics and flow metrics - Using evidence for decision-making |
| Topic 2: Improving Organizational Effectiveness | - Reducing waste and improving flow efficiency - Outcome-driven improvement strategies |
| Topic 3: Key Value Areas (KVAs) | - Unrealized Value - Ability to Innovate - Current Value - Time to Market |
| Topic 4: Evidence-Based Management Foundations | - Transparency, inspection, and adaptation principles - Empiricism in product and organizational decision-making |
1. Which of the following would be the most effective way for executives to maximize the results of an organization?
Response:
A) Propose ideas for projects.
B) All of the above.
C) Determine resource allocations for strategic cross-organization initiatives.
D) Establish plans to meet goals and track progress against plans.
E) Establish clear goals and target measures for the organization.
F) None of the above.
2. You would like to improve your ability to respond to new market opportunities. Which measure would NOT help you to understand how to improve your responsiveness?
(choose the best answer)
Response:
A) Velocity.
B) Technical Debt.
C) Revenue per employee.
D) On product index.
E) Cycle time.
3. Zoomer company's best selling app has started to have its user base erode by new competing apps that have newer and more popular features. An important stakeholder believes that Zoomer's app user base can be restored by adding several customer requests to the product backlog that would be prioritized over other planned product initiatives.
This set of requested features would take over a year to implement and release and delay other items in the backlog. What should Zoomer do?
(choose the best answer)
Response:
A) Postpone previously planned initiatives and start working on the backlog of customer requests as soon as possible.
B) Implement and measure the result of a single feature in a shortened one month release cycle.
C) Implement selected suggestions from each stakeholder so as not to upset any of your stakeholders.
D) Reach out to the customers to learn more about their needs and decide what to do next based on the information.
4. You have many customers on older releases who express frustration that they cannot adopt your latest releases as fast as you release them. At the same time, you are in a competitive market and you feel that you need to stay ahead of competitors.
With every new release, you are spread more thin because you also have to fix defects and make enhancements to older releases. What should you do in response?
(choose the best answer)
Response:
A) Slow down the release cycles so customers have more time to catch-up.
B) Pause developing new features to make upgrading easier and less risky.
C) Add customer support staff to help customers with their upgrade challenges.
5. An organisation has a large number of products and is unsure about how to allocate funding across the products. Which of the following is the best way for them to proceed?
Response:
A) Let the Finance Director decide
B) Allocate funding evenly based on the revenue share for each product
C) Fund small incremental changes for each product and measure outcomes and repeat
D) Allocate funding equally across all products
Solutions:
| Question # 1 Answer: E | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: C |
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