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Scaled Agile SAFe Agile Product Manager (APM 5.1) Sample Questions (Q37-Q42):
NEW QUESTION # 37
Which statement is true about the business model canvas (BMC)?
- A. It is a tool to describe and evolve how value will be created
- B. It is a tool to describe what value the business will create
- C. If a product does not generate revenue, a BMC is not useful
- D. It only works for businesses, not for products
Answer: A
Explanation:
The BMC is a strategic management tool that lets you visualize and assess your business idea or concept. It consists of nine boxes that represent different fundamental elements of a business, such as customer segments, value propositions, channels, and cost structure. The BMC helps you to design, analyze, optimize, and communicate your business model, and to test and iterate it as you learn from the market feedback. The BMC can be used for any type of business or product, regardless of whether it generates revenue or not, as long as it delivers value to the customers.
References:
* Business Model Canvas - Wikipedia: This article from Wikipedia explains the concept and history of the BMC, and describes its nine building blocks and their relationships.
* Business Model Canvas: Explained with Examples | Creately: This article from Creately provides a detailed guide on how to create a BMC, with examples and templates for different types of businesses and products.
* Business Model Canvas - Download the Official Template: This website from Strategyzer offers the official template and online courses, books, and webinars to master the BMC.
NEW QUESTION # 38
Where are opportunities found in the strategic sweet spot?
- A. Competitors offerings
- B. Product Vision
- C. Customer needs
- D. Solution Intent
Answer: C
Explanation:
The strategic sweet spot of a company is where it meets customer's needs in a way that rivals can't, given the context in which it competes12. It is where the company's capabilities match customer needs in a way that the competition can't. Finding the strategic sweet spot is a key challenge of strategic thinking and a source of competitive advantage.
References:
* How to find your strategic sweet spot and why it matters
* The Strategic Sweet Spot - Harvard Business Review
NEW QUESTION # 39
Who commonly facilitates the PO Sync event?
- A. A Solution Train Engineer (STE)
- B. An Agile Coach
- C. A Release Train Engineer (RTE)
- D. A Scrum Master/Team Coach (SM/TC)
Answer: C
Explanation:
The PO Sync is an ART event used to gain visibility into the ART's progress toward meeting its PI objectives and to make any necessary adjustments. The PO Sync is commonly facilitated by the Release Train Engineer (RTE), who is the servant leader and chief Scrum Master for the ART. The RTE helps to coordinate the PO Sync by inviting the Product Owners and Product Management, setting the agenda, managing the timebox, and resolving any impediments or conflicts.
References:
* Product Owner (PO) Sync - Scaled Agile Framework
* Release Train Engineer and Solution Train Engineer - Scaled Agile Framework
* 5 Practices to Start Scaling Agile by Mike Hall | Agile Velocity
NEW QUESTION # 40
Which research game is primarily used to better understand Customer needs?
- A. Buy a Feature
- B. Show and Tell
- C. Prune the Product Tree
- D. Spider Web
Answer: A
Explanation:
Buy a Feature is a research game that involves presenting customers with a list of possible features for a product or service, and giving them a limited budget to spend on their preferred ones. This game helps to understand customer needs, priorities, trade-offs, and willingness to pay. It also encourages collaboration and discussion among customers, and generates feedback and insights for the product team.
References:
* Buy a Feature: This article from the Scaled Agile Framework explains the purpose, process, and benefits of the Buy a Feature game, and provides an example of how it can be used in a SAFe context.
* Buy a Feature: The Game that Teaches Prioritization: This article from Innovation Games describes the rules, variations, and outcomes of the Buy a Feature game, and provides tips and resources for facilitating it.
* Customer Needs Analysis: Definition & Research Methods: This article from Qualtrics XM provides an overview of customer needs analysis, and discusses various research methods, including Buy a Feature, to identify and understand customer needs.
NEW QUESTION # 41
Which artifact do Product Managers create to facilitate alignment with Product Owners (POs)working on the same ART?
- A. Strategic Themes
- B. Team-level Backlogs
- C. Roadmap
- D. Enterprise Architecture Diagrams
Answer: C
Explanation:
A roadmap is an artifact that shows the planned features and milestones for a solution over a timeline. It helps Product Managers communicate the vision and strategy to Product Owners and other stakeholders, and align them on the priorities and dependencies of the work. A roadmap also provides a feedback loop for validating assumptions and adapting to changing customer needs and market conditions.
References:
* SAFe Roadmap
* Product and Solution Management
* Product Owner
NEW QUESTION # 42
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