Question 1

At the beginning of each year, an organization has an annual meeting to propose and approve projects for the upcoming year. Managers will typically follow the process of:

a) Presenting ideas of the projects

b) Defining the benefits

c) Producing the estimations

d) Giving the benefit/cost ratios

A set budget is then approved for each project based on the expected returns. What are the risks of this process? (choose the best answer)

Options :

A : All of the above.

B : Technical work estimations are not accurate because managers are not the best ones to give development estimations.

C : Investment decisions could be poor if claimed benefits are overstated.

D : New opportunities might be missed during the year.

E : Cost estimations are not accurate because the scope might not be clear.

Answer: A

Question 2

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 3

True or False: A good goal must be specific, measurable, actionable, realistic, and time-bound.

Options :

A : TRUE

B : FALSE

Answer: B

Question 4

True or False: In order to stay aligned with the organizational strategy, goals should be achievable within the budget cycle.

Options :

A : TRUE

B : FALSE

Answer: B

Question 5

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

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