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1. Your product is used by businesses of various sizes. A very large company, that is interested in your product, would like a set of features implemented if they were to purchase your product. As a customer, this company would significantly increase your revenue.
They also tell you that the features would improve your product and would win more customers. The requested features will be expensive and require extensive redesign. Also, you have not heard any similar feedback from any other customers or leads.
What is the most appropriate action?
Response:
A) Perform market research to evaluate the demand for the features within the broader market.
B) Create experiments to better understand their needs and possible alternatives.
C) Devise workarounds that will satisfy their request without needing a product redesign.
D) Implement the features in line with the request as they are an influential customer.
2. True or False: Strategic goals typically do not change.
Response:
A) False
B) True
3. Team A has a velocity of 50 with a Product Backlog of 170 points ordered by business value as perceived by stakeholders. Delivery is expected in 4 Sprints. Will this project deliver the anticipated impact?
(choose the best answer)
Response:
A) No.
B) Maybe
C) Yes.
D) We do not know.
4. Over a million customers use ABC company's product. ABC recently implemented and released a particular feature that they believed would be widely adopted by the users.
After gathering enough data from the test, it is concluded that the feature functions as intended however the usage rate was surprisingly low. What should ABC do?
Response:
A) Devise a new experiment to learn whether usability issues are causing the problem.
B) Deem the new feature unsuccessful and proceed to implement the next feature.
C) Enlarge the sample size by extending the length of the original experiment.
5. Your product release cycle is shorter than any of your competitors. However, measures in customer satisfaction still remain low as most of your releases only contain only minor updates or fixes to previously released features.
In order to boost your product's competitiveness, which two KVAs should you evaluate?
(choose the best two answers)
Response:
A) Ability to Innovate
B) Unrealized Value
C) Time to Market
D) Current Value
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A,B |
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