Product owner priority - Study guides, Class notes & Summaries

PSPO 1 Questions and Answers Already Passed In order to make investment decisions, the Product Owner is likely to look at the Total Cost of Ownership (TCO) of the product being built. What costs will a Product Owner take into account? All investments required to conceive, develop, operate and maintain the product What best describes the relationship of the Product Owner and the stakeholders? The Product Owner actively asks for stakeholder input and expectations to process into the Product Back...

When a product grows, it is quite possible that the PO will get help from other Product Managers and others in the organization who interact regarding the customer facing activities and knowledge of the product marketplace. Is it a good idea for the PO to proxy or outsource some of their PO Scrum Team duties to these people (for example, Scrum Team facing duties)? - Correct Answer-No It is a good practice to have at least two Product Owners on big projects. - Correct Answer-False Imagine t...

UTK: BUAD 331 Exam 1 Complete (answers updated fall 2022/23.) ____________ the chain facilitates better strategic alignment between supply chain operations. A. Breaking B. Sharing C. Bending D. Spreading A firm is a recognized cost leader but has a strategic goal to become a cost and service leader. What is one initiative that could be planned and implemented to achieve this goal? A.Increase sales calls to all existing customers. B.Increase capacity utilization to gain economies of ...

PSPO Questions and Answers 100% Correct In order to make investment decisions, the Product Owner is likely to look at the Total Cost of Ownership (TCO) of the product being built. What costs will a Product Owner take into account? All investments required to conceive, develop, operate and maintain the product; The owner of a product is not only accountable for development and release of a product, but also the cost of maintaining and operating the product. If a person 'owns' the product, he/s...

PMI ACP Exam 4 Team Performance Questions & Answers 2024/2025 List the responsibilities of the development or delivery team for building the product increment and gaining acceptance that it is "done." - ANSWERS-Build product increments, using agile practices and processes. -Write acceptance tests for product increments. -Test and revise product increments until they pass acceptance tests. -Demonstrate completed product increment to customer (in iteration review). List other key res...

Product Backlog: Who produces it ? What is it? Who else is involved with it and how? - ANSWER produced by the product owner, ordered list of the features in the user story. Refined with the help of the team. sprint / iteration backlog Is a list of what? What purpose does it serve? - ANSWER prioritized list team's plan for how they will deliver. Minimum Viable Product (MVP) - ANSWER a NEW product that meets the DoD, some (not all) of the product owner's vision. Minimum Busines...

SCRUM PSM1 Questions And Answers, Updated 2022 All Development Teams working on the same Product should use the same Product Backlog. TRUE All the Scrum Teams working on the same product should have the same Sprint length. FALSE An organization has decided to adopt Scrum, but management wants to change the terminology to fit with terminology already used. What will likely happen if this is done? Without a new vocabulary as a reminder of the change, very little change may actually happe...

When a product grows, it is quite possible that the PO will get help from other Product Managers and others in the organization who interact regarding the customer facing activities and knowledge of the product marketplace. Is it a good idea for the PO to proxy or outsource some of their PO Scrum Team duties to these people (for example, Scrum Team facing duties)? - answer-No It is a good practice to have at least two Product Owners on big projects. - answer-False Imagine the following si...

Conduct and Practices Handbook (CPH) Exam 136 Questions with Answers Duty of care - CORRECT ANSWER This refers to obligation #3 of registered representative (RR) about acting honestly, in good faith, and in a professional manner. This is a requirement to provide advice to clients with those attributes in mind along with the proper skills and knowledge to do so. It is important to note that the standard of care provided is not a standard of perfection. RRs are usually held to this standard muc...

POPM SAFe Exam Questions and Answers 100% Pass What is one responsibility of Product Management? Connecting with the Customer Supporting the team in delivering value Managing and prioritizing the Team Backlog Getting it built - Correct Answer ️️ -Connecting with the Customer Which of the following statements is one of the five Lean Thinking principles? Identify the Value Stream for each product Customer collaboration over contract negotiation Decentralize decision-making Deliver wo...