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Last Updated: Jul 31, 2026
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| Section | Objectives |
|---|---|
| Topic 1: Improving Organizational Effectiveness | - Outcome-driven improvement strategies - Reducing waste and improving flow efficiency |
| Topic 2: Evidence-Based Management Foundations | - Transparency, inspection, and adaptation principles - Empiricism in product and organizational decision-making |
| Topic 3: Measuring Outcomes and Value | - Value-based metrics and flow metrics - Using evidence for decision-making |
| Topic 4: Key Value Areas (KVAs) | - Time to Market - Current Value - Unrealized Value - Ability to Innovate |
1. 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)
Response:
A) Velocity.
B) None of the above.
C) Cycle Time.
D) Revenue per Employee.
E) All of the above.
F) Innovation Rate.
2. A Product Owner at ABC company has various types of stakeholders that provide feedback and ideas for the product. At times they have ideas that run counter to one another. At a recent meeting, the Sales Manager insists that a new feature be added in order to reach untapped new customers.
The CFO contends that this new feature is not cost-effective and suggests focusing on other features to improve the satisfaction of existing customers. The PO sees merit in both stakeholder perspectives.
How should the PO proceed?
Response:
A) Implement the CFO,s request to prevent customer churn.
B) Agree with the Sales Manager,s proposal by implementing the requested features as it will help to boost the sales team,s revenue.
C) Gather the opinions of all stakeholders, then make a decision on which request to pursue based on this information.
D) Implement a small part of the Sales Manager,s proposal in order to gather more information to better understand its potential.
3. Which measure best reflects an organisation's ability to be responsive?
Response:
A) Customer Cycle Time
B) Ability to Innovate
C) Unrealized Value
D) Time to Pivot
4. What is required when applying an empirical approach?
Response:
A) A hypothesis on how a product or service can improve the customers, or users, experience.
B) Stakeholder approval in order to maximize the chances of success.
C) All of the above.
D) Detailed functional requirements in order to minimize the risk of failure.
5. Halfway through the year, you suddenly discover a new market opportunity. You are the first to recognize this market opportunity and evaluated that it has greater potential than any of your current investments.
Your organization approves the budget for you to pursue it further but all of the developers are busy working on existing projects.
Which of the following would be the best response?
Response:
A) Stop investments in existing work that has not displayed little or no value to free up capacity to explore the new market opportunity.
B) Work with HR to hire contractors to create a new team to work on the new opportunity.
C) Work with the existing teams to allocate part of their time to work on the new opportunity.
D) Begin procedures to hire an outsourcing development company to work on the new opportunity.
Solutions:
| Question # 1 Answer: F | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |
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