[Q25-Q40] Latest Scrum PSPO-II First Attempt, Exam real Dumps Updated [Jan-2024]

Q25. Managing a Product Backlog involves which of the following activities?
(choose all that apply)

Forecasting the effort of Product Backlog items.

Reducing or eliminating dependencies between Product Backlog items.

Reviewing the Product Backlog with stakeholders.

Breaking large Product Backlog items into multiple smaller Product Backlog items.

Ordering the Product Backlog.

Q26. What can an organization benefit from the short iterations? (choose the best answer).

None of the above.

Validate the hypotheses faster.

Minimize and control risk better.

Understand the customer’s needs better.

Get feedback from stakeholders faster.

All of the above.

Q27. If burndown charts are used to visualize progress, what do they track?
(choose the best answer)

Work remaining across time.

Accumulated cost.

Accumulated business value delivered to the customer.

Individual worker productivity.

Q28. The Developers inform the Product Owner during the Sprint that they are not likely to complete everything they forecasted. What would you expect a Product Owner to do?
(choose the best answer)

Reduce the scope of the Sprint, if possible, to still meet the Sprint Goal.

Skip Product Backlog refinement activities.

End the Sprint, since the goal cannot be achieved.

Change the Sprint Goal to match what the Developers can deliver.

Inform management that more resources are needed.

Q29. What would be the best way to have multiple teams get started on a multi-product initiative? (choose the best answer)

Ensure that all features are assigned to the most suitable teams before getting started.

Let the teams know what time of reporting the business will be needing.

Have them start with what they have as they’ll self-organize and eventually figure out what to do.

Explain to them the goal of the initiative, how success will be measured, and together agree with how they will provide transparency.

Q30. True or False: A benefit of using an agile approach is decreasing non-value-added waste.

False

True

Q31. Product A has a budget that is twice that of Product B. Both serve the same set of customers.
Does Product A create more value for the customers than Product B? (choose the best answer)

Yes, because with more funding it can address a broader set of customer needs.

We do not know unless we actually measure customer experience

No; Product B may better meet the needs of customers by focusing more narrowly

Q32. At the beginning of each year, an organization has an annual meeting to propose and approve projects for the upcoming year.
Managers will typically follow the process of:
a) Presenting ideas of the projects
b) Defining the benefits
c) Producing the estimations
d) Giving the benefit/cost ratios
A set budget is then approved for each project based on the expected returns.
What are the risks of this process? (choose the best answer)

New opportunities might be missed during the year.

Technical work estimations are not accurate because managers are not the best ones to give development estimations.

All of the above.

Cost estimations are not accurate because the scope might not be clear.

Investment decisions could be poor if claimed benefits are overstated.

Q33. Which phrase best describes a Product Owner?
(choose the best answer)

Go-between for the Developers and customers.

Requirements engineer.

Team manager.

Value maximizer.

Q34. 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?
(choose the best answer)

Devise an experiment that will help the company to better understand the new market and its potential.

Trust the Director of Marketing’s opinion and add the features; when revenues increase, you will be vindicated.

Better understand the positions of other stakeholders to gather more information, then make a decision.

Trust the CEO’s opinion and focus on current customers, since you cannot afford unhappy customers.

Q35. Your organization wants to become better at responding to market changes and new opportunities that may arise.
Which measure is LEAST helpful in understanding how to improve its ability to respond? (choose the best answer)

Revenue per employee

Technical Debt

Velocity

Cycle time

On product index

Q36. You cannot get your stakeholders to agree on which features might provide the most value.
How should you resolve this disagreement? (choose the best answer)

All of the above.

Deliver a small part of a feature to customers and gather insights.

Organize an activity where stakeholders can vote and “buy a feature”.

Find someone who has higher authority than the stakeholders to make a decision.

Q37. Which activities will a Product Owner likely engage in during a Sprint? (choose the best three answers)

Run the Daily Scrum

Reorder items in the Product Backlog

Update the Sprint burndown chart.

Answer questions from the Developers about items in the current Sprint.

Gather information and opinions from Stakeholders

Prioritize the Developer’s tasks.

Q38. Unrealized Value is measured by a gap between ____________ and ____________ (choose the best two answers).

The current experience

The desired or actual experience

The total size of the market

The market share

Q39. When value can be measured infrequently, it becomes a … Choose the best answer

Leading indicator

Lagging indicator

Q40. Your executive leadership team believes that your product can achieve higher market share.
. The Sales Leader is pressuring you to reduce the price of the product to attract more customers.
. 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 the best four answers)

Channel sales strategy.

Customer satisfaction.

Market share.

Unmet customer needs.

Competitor pricing.

Company earnings targets.

The Product Owner is accountable for maximizing the value of the product resulting from the work of the Scrum Team. They are also accountable for effective Product Backlog management, which includes ordering the Product Backlog items to best achieve goals and missions1. The Product Owner should consider various sources of information to make informed decisions about the product, such as customer feedback, market trends, stakeholder input, and data analysis2.
When deciding whether to drop the price of the product, the Product Owner should consider the following sources of information:
Customer satisfaction: The Product Owner should measure and monitor how satisfied the customers are with the product, and how likely they are to recommend it to others. Customer satisfaction is a key indicator of product value and quality, and it can also influence customer retention and loyalty. The Product Owner should use various methods to collect customer feedback, such as surveys, interviews, reviews, ratings, and net promoter score23.
Market share: The Product Owner should track and compare the product’s market share with its competitors and potential customers. Market share is the percentage of the total market that is captured by the product, and it reflects the product’s popularity and demand. The Product Owner should use market research, sales data, and industry reports to analyze the market share and identify opportunities and threats24.
Unmet customer needs: The Product Owner should identify and prioritize the customer needs that are not yet met by the product or its competitors. Unmet customer needs are the gaps or problems that the customers face, and that the product can solve or address. The Product Owner should use techniques such as user stories, personas, value proposition canvas, and jobs to be done to discover and validate the unmet customer needs25.
Competitor pricing: The Product Owner should benchmark and compare the product’s pricing with its competitors and alternatives. Competitor pricing is the amount of money that the customers have to pay to acquire or use a similar or substitute product. The Product Owner should use competitive analysis, price elasticity, and value-based pricing to determine the optimal pricing strategy for the product2 .
The other option, company earnings targets, is not a relevant source of information for the Product Owner, as it does not reflect the value or the demand of the product. The Product Owner should focus on delivering value to the customers and the stakeholders, rather than meeting arbitrary financial goals. The company earnings targets may also change over time, and they may not align with the product vision or the market reality2 .
References: 1: Scrum Guide 2: Managing Products with Agility 3: Customer Feedback 4: Market Share 5: Unmet Customer Needs : [Competitor Pricing] : [Company Earnings Targets]