Scrum PAL-EBM Value Pack (Frequently Bought Together)

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?
Response:

• A. Technical work estimations are not accurate because managers are not the best ones to give development estimations.
• B. New opportunities might be missed during the year.
• C. Cost estimations are not accurate because the scope might not be clear.
• D. Investment decisions could be poor if claimed benefits are overstated.
• E. All of the above.

Your organization wants to become better at responding to market changes and new opportunities that may arise. Which measure is LEAST helpful in understanding how to improve its ability to respond?
Response:

• A. Technical Debt
• B. Velocity
• C. Revenue per employee
• D. On product index
• E. Cycle time

Experiments include which of the following aspects?
Response:

• A. Inspecting results
• B. Running the experiments
• C. All of these apply
• D. Forming a hypothesis for improvement.
• E. Adapting your goals or your approach based on what you learned

Halfway through the year, you suddenly discover a new market opportunity. You are the first to recognize this market opportunity and evaluated that it has greater potential than any of your current investments.
Your organization approves the budget for you to pursue it further but all of the developers are busy working on existing projects.
Which of the following would be the best response?
Response:

• A. Work with the existing teams to allocate part of their time to work on the new opportunity.
• B. Begin procedures to hire an outsourcing development company to work on the new opportunity.
• C. Work with HR to hire contractors to create a new team to work on the new opportunity.
• D. Stop investments in existing work that has not displayed little or no value to free up capacity to explore the new market opportunity.

What essential contribution do executives make when the organization makes portfolio investment decisions?
(choose the best two answers)
Response:

• A. Identifying new initiatives that the organization should pursue.
• B. Setting clear and measurable goals for the organization.
• C. Coordinating initiatives to make sure resources are used efficiently.
• D. All of the above.