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. Your 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?
A. Trust the CEO's opinion and focus on current customers, since you cannot afford unhappy customers
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. Better understand the positions of other stakeholders to gather more information, then make a decision
Your executive leadership team believes that your product can achieve higher market share.
1.
The Sales Leader is pressuring you to reduce the price of the product to attract more customers.
2.
The Director of Finance is concerned that reducing the price will merely reduce the product's profitability.
What sources of information should you consider when deciding whether to drop the price as the Sales Leader is suggesting? (Choose four.)
A. Channel sales strategy
B. Customer satisfaction
C. Competitor pricing
D. Market share
E. Unmet customer needs
F. Company earnings targets
The Definition of Done is used to: (Choose three.)
A. Describe the work that must be done before the Sprint can be declared complete
B. Increase transparency
C. Create a shared understanding of when work is complete
D. inform the Developers on how many Product Backlog items to select in a Sprint
E. Describe the purpose objective and timebox of each Scrum event
What are the attributes of a good Product Vision and Strategy? (Choose all that apply.)
A. It describes what value means in the context of the product and how it can be measured
B. It describes who will use the product and what they would like to achieve
C. It describes how the product compares to competitor products
D. It describes how people will use the product to achieve potential outcomes
An effective Product Owner must:
A. Ensure that every stakeholder need is met
B. Be the "expert" opinion for all Product Backlog items
C. Ensure that the team is as productive as possible
D. Be the single point of contact for all stakeholders
E. All of the above
F. None of the above
If burndown charts are used to visualize progress, what do they track?
A. Accumulated cost
B. Individual worker productivity
C. Work remaining across time
D. Accumulated business value delivered to the customer
A Sprint forecast is:
A. A useful tool for management to understand team performance and capacity
B. A commitment the Developers makes to deliver a particular set of Product Backlog items
C. The amount of work the Developers believe they can complete in that Sprint
D. Useful for the stakeholders to know what will be included in future releases
You have been a Product Owner at a new company for a few weeks. It has become clear to that many people, both inside and outside the Scrum Team, expect close involvement in the decisions that you, as a Product Owner, are accountable for.
As a result, you find that it takes too long to make decisions. Which of the following are reasonable options you could take? (Choose three.)
A. Create and share a delegation hoard that displays your decision-making areas and work with your Scrum Team to clarify decision making accountability and responsibility
B. Allow other members of the Scrum Team and stakeholders to continue making decisions they are not accountable for documenting which decisions do not deliver the intended value
C. Demonstrate with the help of data, how long it is taking you to make decisions and the impact that the long decision-making cycle has on delivering value to the customer
D. Work with your Scrum Master to better understand what next steps you can take to move the company's understanding of product ownership up in the maturity curve towards Entrepreneur
E. Start making all the decisions without consulting the others who have expressed interest
What is a benefit of frequent product releases?
A. They enable teams to inspect and adapt more frequently.
B. They help teams better understand and meet customer needs.
C. They help teams to learn how to correct and eliminate errors.
D. Smaller, more frequent releases are less risky.
E. All of the above.
F. None of the above.
Managing a Product Backlog involves which of the following activities? (Choose all that apply.)
A. Forecasting the effort of Product Backlog items
B. Ordering the Product Backlog
C. Breaking large Product Backlog items into multiple smaller Product Backlog items
D. Reducing or eliminating dependencies between Product Backlog items
E. Reviewing the Product Backlog with stakeholders
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