Free Agile Leadership – Evidence Based-Management (PAL-EBM) Practice Assessment

Free Agile Leadership – Evidence Based-Management (PAL-EBM) Practice Assessment

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Question 1 of 20

1. Question
Experiments include which of the following aspects?
- All of these apply
- Forming a hypothesis for improvement.
- Running the experiments
- Inspecting results
- Adapting your goals or your approach based on what you learned
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Question 2 of 20

2. Question
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?
- Fund small incremental changes for each product and measure outcomes and repeat
- Allocate funding equally across all products
- Allocate funding evenly based on the revenue share for each product
- Let the Finance Director decide
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Question 3 of 20

3. Question
Product 1 creates profits of £1 million currently. Product 2 creates profits of £2 million currently. Which product creates more value for customers?
- We do not have enough information to know
- Product 1
- Product 2
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Question 4 of 20

4. Question
Every feature request and requirement represent a potential hypothesis about value.
- True
- False
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Question 5 of 20

5. Question
Beliefs in what is valuable are merely assumptions until they are validated by customers.
- True
- False
Correct

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Question 6 of 20

6. Question
Working more hours (activities) and delivering more features (outputs) does not necessarily lead to improved customer experiences (outcomes).
- True
- False
Correct

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Question 7 of 20

7. Question
Creating a culture of continuous improvement puts organizations on the path to competitive advantage.
- True
- False
Correct

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Question 8 of 20

8. Question
KVA stands for …
- Key Value Area
- Key Validation Applications
- Knowledge Value Agility
- Key Value Accreditation
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Question 9 of 20

9. Question
Evidence-Based Management is …
- A framework that organisations can use to help them measure, manage, and increase the value they derive from their product delivery
- A methodology that organisations can use to help them increase the value of their product
- A management framework to ensure the delivery of maximum value
- A mandatory practice for Product Owners using Scrum
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Question 10 of 20

10. Question
Unrealized Value measures …
- The potential value that could be realized if the organization met the needs of all potential customers or users.
- The potential value of features currently under development.
- The value achievable if all features currently in the Product Backlog were built and released
- None of these options
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Question 11 of 20

11. Question
The Ability to Innovate (A2I) Key Value Area from the Scrum.org Evidence Based Management framework reveals
- The ability of a product development organization to deliver new capabilities that might better meet customer needs
- The number of new features delivered over the past 12 months
- The innovation rate of the organisation expressed as a percentage
- The sum of velocity across all Development Teams in the organisation
Correct

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Question 12 of 20

12. Question
The Time to Market (T2M) Key Value Area from the Scrum.org Evidence Based Management framework reveals
- The organization’s ability to quickly deliver new capabilities, services, or products
- The sum of velocity across all Development Teams in the organisation
- How fast the organisation can deliver new features
- The average time taken to carry out a release
Correct

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Question 13 of 20

13. Question
The Unrealized Value (UV) Key Value Area from the Scrum.org Evidence Based Management framework reveals
- The potential future value that could be realized if the organization was able to perfectly meet the needs of all potential customers
- The cash value of work currently in the development pipeline
- The planned revenue uplift expected in the next 12 months from scheduled new features to be delivered
- Projected revenue for the next financial year
Correct

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Question 14 of 20

14. Question
The Current Value (CV) Key Value Area from the Scrum.org Evidence Based Management framework reveals
- The value that the organization delivers to customers, today
- The market capitalisation of the organisation
- The profit and loss account of the organisation for the past financial year
- The net worth of the organisation
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Question 15 of 20

15. Question
Team A completed 20 “points” of work in two weeks. Team B completed 15 “points” of work in one week. Which team delivered more value?
- Team A, since they finished more units of work.
- The amount of work completed is a measure of effort, not the delivered value.
Correct

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Question 16 of 20

16. Question
Which of the following is true about goals?
- Goals do not need to be measurable as long as they can be divided into smaller goals that can be measured.
- A good goal should not change.
- Goals should be divided into sub-goals that can be assigned to specific teams.
- A good goal must be specific, measurable, realistic, actionable, and timely.
- None of the above.
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Question 17 of 20

17. Question
Which of the following strategies might help in improving your team’s Time to Market?
- Ensure everyone on the team has no scheduling issues in order to maximize their utilization.
- Eliminate the need to wait for experts by improving the cross-functional skills of the team member's.
- Increase the amount of time spent per day working on a product by planning offshore work to "Follow the Clock”.
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Question 18 of 20

18. Question
Most of the people in your target market are also your product users. At the moment, you have very few competitors and your customers love your product. As you plan for the company’s future, how would you leverage the current product’s success?
- Invest in the product’s customer service in order to increase the revenue.
- Continue to invest in new features for the current product so you don’t lose your users to the competitors.
- Have the steering committee decide where to focus investments.
- For the current product, limit investments to essential enhancements and maintaining product quality, and explore new markets.
Correct

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Question 19 of 20

19. Question
Which of the following best describes a successful product release?
- Product delivery is completed within the deadline and does not exceed the planned budget.
- Stakeholder requirements are met in the entirety.
- Customer/user experience is improved and they are receiving more value.
- All of the above.
Correct

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Question 20 of 20

20. Question
Strategic goals typically do not change.
- True
- False
Correct

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