Which horizon describes the desired state as stable solutions that deliver high value with minimal new investment?
Correct Answer: A
The horizon model is a framework that helps organizations balance their investments across different time horizons and types of innovation. According to the Scaled Agile Framework, there are four horizons: Horizon 0, Horizon 1, Horizon 2, and Horizon 31. Horizon 1 describes the desired state as stable solutions that deliver high value with minimal new investment. These are the core products or services that generate most of the current revenue and profit, and have a loyal customer base. Horizon 1 solutions require continuous improvement and optimization, but not significant new investment or disruption. Horizon 1 can be further divided into two sub-horizons: Investing and Extracting2. Reference: 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.
Question 12
The "chasm" can occur between visionaries and what segment of the target market?
Correct Answer: D
The chasm is the gap in the technology adoption lifecycle between the early adopters and the early majority. The early adopters are visionaries who are open to trying new technologies, whereas the early majority are pragmatists who are more cautious and skeptical. The chasm occurs due to the different expectations and requirements of these two groups. A product that appeals to the early adopters may not appeal to the early majority, who value reliability, compatibility, and convenience over novelty and differentiation. Therefore, a product needs to cross the chasm by finding a niche market, establishing a clear value proposition, and creating a strong word-of-mouth. Reference: Crossing the Chasm & Scale Your SaaS: This article from Userpilot provides a practical guide on how to cross the chasm and scale a SaaS product, with examples and tips on finding product-market fit, defining a beachhead market, and creating a whole product. Crossing the Chasm in the Technology Adoption Life Cycle: This article from Business to You explains the concept and purpose of the technology adoption lifecycle and the chasm, and how they can help marketers understand and target different customer segments.
Question 13
What is one key component of Cost of Delay (CoD)?
Correct Answer: A
Time criticality is one key component of Cost of Delay (CoD), which is the money or value that will be lost by delaying or not doing a job for a specific time period relative to other jobs. Time criticality reflects the urgency or sensitivity of a job to time, and how its value changes over time. For example, a job that has a fixed deadline, a seasonal demand, or a high risk of obsolescence has a high time criticality, and its CoD increases rapidly as time passes. A job that has a stable demand, a low risk of competition, or a long-term benefit has a low time criticality, and its CoD increases slowly or remains constant over time. References: * WSJF: This article from the Scaled Agile Framework explains the concept and purpose of Weighted Shortest Job First (WSJF), which is a prioritization model that uses CoD and job duration to sequence jobs for maximum economic benefit. It also describes the four components of CoD: user or business value, time criticality, risk reduction and/or opportunity enablement, and job size. * Cost of Delay - Scaled Agile Framework: This article from the Scaled Agile Framework defines CoD as the numerator in WSJF prioritization, and provides some examples of how to estimate CoD for different types of jobs.
Question 14
What activity would be performed to create an ARTs PI Roadmap?
Correct Answer: A
A PI roadmap is a visual tool that illustrates the commitments and forecasts of an Agile Release Train (ART) or Solution Train for the planned and upcoming Program Increments (PIs). One of the activities to create an ARTs PI Roadmap is to provide a list of agreed objectives, which are the SMART goals that summarize the business and technical outcomes that the ART or Solution Train intends to achieve in a PI. The objectives are derived from the features and enablers that are planned and prioritized in the PI Planning event, and they are aligned with the vision, roadmap, and strategic themes of the portfolio. The objectives are used to communicate and track the progress and value delivery of the ART or Solution Train, and to enable alignment and dependency management across multiple ARTs or Solution Trains. References: * PI Roadmap: This article from the Scaled Agile Framework explains the concept and purpose of the PI Roadmap, and how it can be used to visualize and communicate the near-term deliverables and milestones of an ART or Solution Train. * PI Objectives: This article from the Scaled Agile Framework defines the concept and attributes of PI Objectives, and how they can be used to align and measure the outcomes of an ART or Solution Train.
Question 15
What metric should Product Managers primarily focus on to help guide the evolution of the products?
Correct Answer: C
Outcome metrics are the metrics that measure the impact and value of a product on the customers and the business. Outcome metrics help product managers to guide the evolution of the products by focusing on the desired outcomes and benefits, rather than the outputs and features. Outcome metrics also help product managers to validate the assumptions and hypotheses behind the product strategy, and to iterate and improve the product based on customer feedback and data. Reference: Outcome Metrics - Scaled Agile Framework 5 Essential Metrics for Product Managers Output vs. Outcome Metrics: What's the Difference? | ProductPlan