Question 1

An excellent strategic goal has what minimum essential characteristics?

Options :

A : Measurable metrics can be applied to the achievement of the goal.

B : The goal is actionable.

C : A time frame commitment to the target completion date of the goal.

D : The goal is clear about the specific needs it is trying to satisfy in order to meet the goal.

E : The goal is achievable and realistic.

Answer: A,D

Question 2

Product A is the main driver of both revenue and profit for your company; it has very happy customers (high Current Value) and low Unrealized Value. Product B is relatively new; it has low Current Value and high Unrealized Value. Both Product Owners of the two products are requesting significant additional funding to improve their products. What do you do?

Options :

A : Invest funding in Product A, because your company’s success depends on its continued success.

B : Split funding equally between both products.

C : Invest funding in Product B, because it has more future potential for the company.

D : Split funding proportionally based on product revenues.

Answer: C

Question 3

Which of the following best describes a successful product release?

Options :

A : Stakeholder requirements are met in the entirety.

B : All of the above.

C : Product delivery is completed within the deadline and does not exceed the planned budget.

D : Customer/user experience is improved and they are receiving more value.

Answer: D

Question 4

Which of the following strategies might help in improving your team's Time to Market?

Options :

A : Ensure everyone on the team has no scheduling issues in order to maximize their utilization.

B : Increase the amount of time spent per day working on a product by planning offshore work to "Follow the Clock”.

C : Increase the velocity of your team by adding developers.

D : Eliminate the need to wait for experts by improving the cross-functional skills of the team members.

Answer: D

Question 5

Which two Key Value Areas are most affected by the daily frequency a team is switching tasks or is interrupted?

Options :

A : Time to Market.

B : Current Value.

C : Ability to Innovate.

D : All of the above.

E : Unrealized Value.

Answer: A,C

Smartly Prepare Exam with Free Online PAL-EBM Practice Test

Buying Options: