POAA Day-5

Which of the following are the correct Key Value Areas in Evidence Based Management from scrum.org? Select all that apply

• Unrealized Value

• Customer Value

• Ability to Innovate

• Product Quality

• Current Value

A user satisfaction gap exists when there is a difference between :(Choose the best two answers)

• The user's actual experience

• The user's desired outcome

• The Market share of the product

• The total Market size

Which two measures can help a Product Owner evaluate how much impact is being delivered?(Choose the best two answers)

• How many Story points is completed per sprint

• How many items the team is delivering per sprint

• How frequently your deliveries are being used

• How satisfied the customers are

• How much of the scope has been delivered versus what was planned

A benefit of using an agile approach is managing business risk more effectively

• False

• True

The benefit of the Evidence based Management framework is :(Choose the best answer)

• To improve an organization's ability to deliver value

• To be able to better track progress and status

• To accurately predict how a team is performing

• To understand the efficiency of your teams

The current product is making a profit;however , the sales manager advises James , a Product Owner to reduce the price to attract more customers.The Financial Director argues that this may harm the company revenue.What are the reliable sources that help James decide the product's pricing strategy?Choose 2 best answers)

• Company Profit reports

• Competitor's pricing

• Sale Channel strategy

• Market Share

What questions would an organization ask in order to evaluate Current Value?(Choose all that apply)

• How happy are your employees? Is their happiness improving or declining?

• How happy are users and customers today? Is their happiness improving or declining?

• What prevents customers or users from benefitting from that innovation?

• How happy are your investors and other stakeholders? Is their happiness improving or declining?

• How fast can you deliver new value to customers?

In order to justify the price increase of a product, your primary objective should be (Choose the best answer)

• Add more features to make the product more attractive

• Improve the value experienced by the customer

• Reduce the number of features to make the product easier to use

• Reduce the price for a period of time before increasing it above the original price