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Scaled Agile SAFe Agile Product Manager (APM 5.1) Sample Questions (Q25-Q30):
NEW QUESTION # 25
What is the primary data used in market research?
- A. Market sizing
- B. Market structuring
- C. Testing hypotheses
- D. Developing hypotheses
Answer: C
Explanation:
Primary data is information collected through original research by the marketer or researcher themselves.
Primary data is used to test hypotheses, which are tentative statements or assumptions about the relationship between variables or the outcome of an experiment. Testing hypotheses helps to validate or invalidate the assumptions and predictions made by the marketer or researcher, and to measure the effectiveness and impact of their product or service.
References:
* Primary Data - Types, Methods and Examples: This article from Research Method defines primary data, explains its types and methods, and provides some examples of primary data collection and analysis.
* [Hypothesis Testing]: This article from the Scaled Agile Framework describes the concept and process of hypothesis testing, and how it helps to evaluate the value proposition and assumptions of a product or service using experiments and feedback.
NEW QUESTION # 26
Which key job function differentiates a Product Manager from a Product Owner (PO)?
- A. Focusing on the short-term Vision
- B. Reviewing legal agreements
- C. Prioritizing the backlog
- D. Accepting Stories
Answer: C
Explanation:
One of the key job functions that differentiates a Product Manager from a Product Owner (PO) in SAFe is prioritizing the backlog. A Product Manager is responsible for defining and prioritizing the features and capabilities that deliver value to the customers and the business. A Product Manager owns and maintains the Program Backlog, which is the single source of truth for the work that needs to be done by the Agile Release Train (ART). A Product Owner, on the other hand, is responsible for defining and accepting the user stories that implement the features and capabilities. A Product Owner owns and maintains the Team Backlog, which is the subset of the Program Backlog that the Agile Team works on. A Product Owner collaborates with the Product Manager to align the Team Backlog with the Program Backlog and the Vision.
References:
* Product and Solution Management - Scaled Agile Framework
* Product Owner (PO) Sync - Scaled Agile Framework
* SAFe Product Manager vs Product Owner - Striking Differences - KnowledgeHut
NEW QUESTION # 27
In which Roadmap Feature bucket would a Product Manager place an add-on Feature?
- A. New Business
- B. Up-sell
- C. Retainment
- D. Horizon 1
Answer: B
Explanation:
An up-sell feature is a feature that encourages customers to buy a more expensive or advanced version of a product or service, or to add additional products or services to their purchase. An up-sell feature can increase the revenue and profit per customer, and enhance the customer value proposition. An add-on feature is a type of up-sell feature that adds functionality or benefits to the existing product or service, and usually requires an extra payment or subscription. For example, a cloud storage service may offer an add-on feature of extra storage space or enhanced security for a higher fee.
References:
* Feature Categories: This article from the Scaled Agile Framework explains the concept and purpose of feature categories, and how they can help product teams prioritize and communicate the value of features. It also describes the four main feature categories: new business, up-sell, operational efficiency, and retainment.
* Product Roadmap: Examples, Types and Key Features: This article from AltexSoft provides a comprehensive guide on product roadmaps, including their key features, common types, and examples.
It also provides some tips and best practices on roadmap creation and communication.
NEW QUESTION # 28
What is a result of using personas and empathy maps together?
- A. Improved product design
- B. Actionable research
- C. A better understanding of supplier license agreements
- D. Ability to project the value of the market
Answer: A
Explanation:
Using personas and empathy maps together is a result of applying design thinking, which is a customer-centric development process that creates desirable products that are profitable and sustainable over their lifecycle.
Personas are fictional characters that represent archetypal users of a product or service, while empathy maps are visual tools that capture the thoughts, feelings, behaviors, and needs of the users. Using personas and empathy maps together can help to improve product design by:
* Understanding the problem and the context from the user's perspective
* Generating ideas and solutions that address the user's pain points and goals
* Testing and validating the assumptions and hypotheses behind the product
* Aligning the stakeholders on the scope, value, and quality of the product References:
* Design Thinking - Scaled Agile Framework
* Personas - Scaled Agile Framework
* Empathy Map vs Persona: What's the Difference and Why You ... - Userpilot
NEW QUESTION # 29
Why is it important for every business to allocate funding to investment horizon 3?
- A. To ensure necessary investment is allocated to retire an existing product
- B. To identify the Features in the users of the product like most
- C. To improve existing products so income exceeds costs
- D. To create future products that can create new revenue streams
Answer: D
Explanation:
Investment horizon 3 is the longest-term horizon that focuses on exploring and developing breakthrough innovations that can create new markets and revenue streams for the business. It is important for every business to allocate funding to investment horizon 3, because it enables the business to anticipate and respond to the changing customer needs, technological trends, and competitive threats, and to secure its future growth and survival. Investment horizon 3 requires a high level of creativity, experimentation, and risk tolerance, but it can also generate a high level of return and differentiation.
References:
* Horizon Planning: This article from the Scaled Agile Framework explains the concept and purpose of horizon planning, and describes the four horizons and their characteristics, challenges, and best practices.
* SAFe's investment horizon model - A synopsis: This article from Medium provides a summary of the SAFe investment horizon model, and illustrates how it can help organizations allocate their resources and manage their portfolio.
* Enduring Ideas: The three horizons of growth | McKinsey: This article from McKinsey presents the original framework of the three horizons of growth, and discusses how it can help businesses balance their current and future opportunities and challenges.
NEW QUESTION # 30
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