Practice Free PSPO-II Exam Online Questions
You have 20 teams working on a single release that will deliver 30 different features to your customers. It is estimated that this release will be completely finished in 4-5 months.
How can you improve your Time to Market? (choose the best answer)
- A . As soon as a feature is ready, deliver it in its own smaller release.
- B . Automate parts of the development and testing process to reduce waste.
- C . Add more developers to increase the overall development capacity.
A
Explanation:
Time-to-Market (T2M). The organization’s ability to quickly deliver new capabilities, services, or products. Example: Reducing the number of features in a product release can dramatically improve T2M; the smallest release possible is one that delivers at least some incremental improvement in value to some subset of the customers/users of the product.
Many organizations also focus on removing non value-added activities from the product development and delivery process to improve their T2M.
What is an effective Product Vision? (choose the best answer)
- A . It is approved by all stakeholders.
- B . None of the above
- C . It inspires the people who deliver the product.
- D . All of the above
- E . It forms a contract with the business.
C
Explanation:
Product Vision and Strategy are motivators for people who deliver the product.
Dereck is a Product Owner of a product with a variety of stakeholders. The stakeholders are pressing Yasmine to add all of their feature requests into the next release. Each one says that their feature is urgent. As Product Owner, Yasmine has confirmed that their requests are indeed important.
What should Yasmine do? (choose the best answer)
- A . Iteratively and incrementally release when single outcomes are fullfilled, even though not all features are done.
- B . Delegate prioritization to the Product Director in order to protect the Product Backlog.
- C . Hire additional team members in order to manage the extra work.
- D . Release only when all features have been completed.
A
Explanation:
Releasing your product to customers and users early and often will provide you with valuable information to help you to find out if you have delivered value for them and making future decisions. The sooner something can be released, the quicker you can make informed decisions. It is not possible to fully determine the value of a Product Backlog Item upfront. Only after you’ve released something to the customers/users and received feedback only then can you validate the value proposition.
According to the Scrum Guide, what would be considered the smallest Product Increment that would be valuable enough to be released? (choose the best answer)
- A . The Increment delivers all "must have" Product Backlog items
- B . The Increment adds a new feature.
- C . The Increment includes fixes for at least one defect
- D . The Increment delivers a single new or improved outcome.
D
Explanation:
Value is validated through outcomes. Although it’s important to fix defects, the team should deliver at least 1 piece of functionality in order to inspect and adapt the direction the product and correct any deviations from the intended goals
The current product is making a profit; however, the Sale 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 Jame decide the product’s pricing strategy? (choose the best two answers).
- A . Company profit reports
- B . Competitor’s pricing
- C . Sale channel strategy
- D . Market share
B,D
Explanation:
As evidence of organizational agility, the Evidence-Based Management approach measures value and provides ways to measure and improve the ability to deliver value. This approach allows organizations to make rational, fact-based decisions, elevating conversations to empirical evidence, logic, and insight from preferences and views.
It will help you evaluate the unreleased value of the product by measuring market share and competitor pricing. It will help you to make more informed pricing decisions using these data points.
True or False: A benefit of using an agile approach is decreasing non-value-added waste.
- A . False
- B . True
B
Explanation:
Non-value-added waste reduces the ability of an organization to deliver valuable outcomes to customers.
You started measuring product feature usage in you last release. You are surprised to learn that a sizable percentage of the features you thought were very important are never or rarely used.
Which of the following actions could you take to further evaluate this unexpected result? (choose all that apply)
- A . Spend more time talking to Users to identify the impact they seek.
- B . Disable the features that have never been used and listen for feedback.
- C . Run experiments to increase your understanding of what customers find valuable.
- D . Examine whether the rarely used features solve the intended problem
A,C,D
Explanation:
Correct:
* Spend more time talking to Users to identify the impact they seek.
* Run experiments to increase your understanding of what customers find valuable.
* Examine whether the rarely used features solve the intended problem
"Disable features" is not a good choice. You need to seek the primary reasons why those features are unused. The end users are the most important stakeholder for the Product Owner to satisfy. Understanding the outcomes of the delivered work will provide information from which the Product Owner can make future decisions.
Product A is a big revenue producer; it has:
* High Current Value and Low Unrealized Value.
Product B is a new product with a lot of potential; it has:
* Low Current Value and High Unrealized Value.
Using those two data points and taking a long-term view, which of the options below should you pursue? (choose the best answer)
- A . Weight your investment toward Product B; since it has more potential.
- B . Invest equally in both products.
- C . Weight your investment toward Product A; you do not want to risk losing customers.
A
Explanation:
Weight your investment toward Product B; since it has more potential.
Which of the following measures might help you determine whether your product is delivering value to your customers? (choose the best answer)
- A . None of the above
- B . How often your customers use your product.
- C . All of the above.
- D . The average cost of your product release.
- E . The number of "must-do" Product Backlog items delivered in a release.
- F . The on-schedule performance of the Scrum Team
B
Explanation:
Organizations measure many different kinds of things (Activities, Outputs, Outcomes). Value is related to Outcomes. The only answer related to Outcome is "How often your customers use your product".
I add some mor information about it:
● Activities. These are things that people in the organization do, such as perform work, go to meetings, have discussions, write code, create reports, attend conferences, and so forth.
● Outputs. These are things that the organization produces, such as product releases (including features), reports, defect reports, product reviews, and so on.
● Outcomes. These are desirable things that a customer or user of a product experiences. They represent some new or improved capability that the customer or user was not able to achieve before. Examples include being able to travel to a destination faster than before, or being able to earn or save more money than before. Outcomes can also be negative, as in the case where the value a customer or user experiences declines from previous experiences, for example when a service they previously relied upon is no longer available.
The leading revenue-producing product in your portfolio has:
. High Current Value
. Low Unrealized Value
The product has been losing customers for several years and revenues are down.
Using those two data points and the options below, what is the first action you should take? (choose the best answer)
- A . Increase investment in the product to create greater interest and bring old customers back.
- B . Maintain the product, but begin reducing investment; seek other opportunities for future growth.
- C . Drop the price for the product to attract new customers.
- D . Increase marketing for the product.
B
Explanation:
According to the PSPO II resources, a product with high current value and low unrealized value is in the harvest stage of the product lifecycle 1. This means that the product has reached its peak and is facing increasing competition and decreasing customer demand. The best strategy for this stage is to maintain the product quality and customer satisfaction, but reduce the investment in new features or enhancements. The product owner should seek other opportunities for future growth, such as developing new products or exploring new markets23.
Reference:
1: Product Lifecycle Management
2: Product Strategy
3: Evidence-Based Management