PAL - EBM

1. Product A is the main driver of both revenue and profit for your company; it has very happy customers (high Current Value) and low Unrealized Value. Product B is relatively new; it has low Current Value and high Unrealized Value. Both Product Owners of the two products are requesting significant additional funding to improve their products. What do you do? (choose the best answer)
 

2. Which of the following measures would help you understand the potential market for your product? (Choose the best answer)
 

3. Your company is considering investing in a large agile transformation. What should you measure to know if your initiative is successful? (Choose the best answer)
 

4. Measuring the number of times per day a team switches tasks or is interrupted will help you to better understand which Key Value Area? (Choose the best two answers)
 

5. You want to improve your team’s Ability to Innovate. Which of the following actions might help? (Choose the best answer)
 

6. 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)
 

7. Your company has many unique variations of the same product that it sells to different customers. Maintaining all these versions leaves you no time to improve the product. What measure(s) should you examine to help you to improve your ability to deliver value? (Choose the best answer)
 

8. True or False: A benefit of using an agile approach is decreasing non-value-added waste.
 

9. 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 thinner because you also have to fix defects and make enhancements to older releases. What should you do in response? (Choose the best answer)
 

10. True or False: The main benefit of following an agile approach is to deliver solutions more quickly.
 

11. Your company's product has been through multiple releases. It is not meeting revenue expectations. What measure will help you understand the problem? (Choose the best answer)
 

12. Which statement describes the best way to learn from experiments? (Choose the best answer)
 

13. True or False: A good goal must be specific, measurable, actionable, realistic, and time-bound.
 

14. Team A has a velocity of 30 with a Product Backlog of 120 points ordered by business value as perceived by stakeholders. Delivery is expected in 5 Sprints. Will this project deliver the anticipated impact? (Choose the best answer)
 

15. Product A has a very high Net Promoter Score (NPS) and high market share. Product B has low NPS, low market share, but is in a growing market in which no other competitor has significant market share. Which product should you prioritize in funding? (Choose the best answer)
 

16. True or False: A product release is successful if it meets all Stakeholder requirements.
 

17. The Evidence-Based Management framework helps you to: (Choose the best answer)
 

18. True or False: When many agile teams are working on different products, they should create a common status reporting dashboard of work performed in order for management to understand the status of each team.
 

19. Your product’s sales are falling behind competitors, but you don’t know why. Which Key Value Areas would give you the best insight into what to do next? (Choose the best two answers)
 

20. Your CEO thinks your organization needs to deliver more quickly. There is no shortage of opinions about how you should go about this. Some managers think they need to hire more people, some engineers think the answer is automation. You can’t pursue every idea, and some ideas may not be worth pursuing. What could best help you understand the problem and where to improve? (Choose the best answer)
 

21. You release your product to customers once every month, which is better than any competitor. Most of the features you deliver are simply minor changes or corrections to existing features, but customer satisfaction remains low. What Key Value Area should be your primary focus to improve the competitiveness of your product? (Choose the best two answers)
 

22. True or False: A benefit of using an agile approach is decreasing non-value-added waste.
 

23. True or False: A benefit of using an agile approach is managing business risk more effectively.
 

24. Team A has an average velocity of 30. Team B has an average velocity of 42. Which team is delivering more value? (Choose the best answer)
 

25. True or False: One benefit of using an agile approach is increased ability to deliver business value.
 

26. Your executive sponsor visits the executives of an important customer. During the visit, they communicate to her what they believe is an important feature for your next product release, and your sponsor promises it will be in the release. Your team  builds and delivers the feature as promised. Over the next three months, your measures of the usage of the feature show that it has not been used. When you ask users from this important customer “why?”, they indicate that they did not need the feature and their executives don’t really understand the needs of their users. Do you communicate this to your executive  sponsor? (Choose the best answer)
 

27. Working more hours (activities) and delivering more features (outputs) does not necessarily lead to improved customer experiences (outcomes).
 

28. Beliefs in what is valuable are merely assumptions until they are validated by customers.
 

29. Creating a culture of continuous improvement puts organizations on the path to competitive advantage.
 

30. Unrealized Value measures ...
 

31. Product 1 creates profits of £1 million currently. Product 2 creates profits of £2 million currently. Which product creates more value for customers?
 

32. KVA stands for ...
 

33. 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?
 

34. Experiments include which of the following aspects?
 

35. Which measure best reflects an organisation’s ability to be responsive?
 

36. Every feature request and requirement represent a potential hypothesis about value.
 

37. Cycle time is a direct leading indicator for the length of the Scrum Team’s feedback loop for a product backlog item.
 

38. Cycle time is a lagging indicator.
 

39. Batch size is the same as the Sprint length when using Scrum with Kanban.
 

40. Scrum Events, Roles, Artifacts, and Rules are changed when using Scrum with Kanban. For example, the Scrum Team might choose to no longer conduct a Sprint Retrospective when using Kanban with Scrum.