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Scaled Agile SAFe-APM Exam Syllabus Topics:
Topic
Details
Topic 1
- Driving Strategy with Market Segmentation: This topic covers the process of market segmentation, including explaining how to create market segments through market research, determining the value of each market segment, and assessing the fit of the market.
Topic 2
- Creating Roadmaps to Build Solutions: It discusses solution intent, market-driven roadmaps, balanced solutions, and refining features into stories and story maps.
Topic 3
- Analyzing Your Role as a Product Manager in the Lean Enterprise: Product Management's role and responsibilities, and Product Management stakeholders and collaborators are discussed in this topic. It also delves into explaining Design Thinking for Product Management.
Topic 4
- Continuously Exploring Markets and Users: It explains how to do market research in the context of Continuous Exploration, find the right hypothesis and ask the right questions, and applying data-driven practices to answer questions. Furthermore, it covers planning your research and using research games for customer understanding.
Topic 5
- Creating Innovation in the Value Stream: This topic includes describing the value stream and approaches to product innovation, using metrics for the guidance of improvement efforts. It discusses how to manage innovations through Epics, fund sustainable innovation, and apply rapid experimentation methods. Lastly it delves into evaluating hypothesis outcomes to determine whether to pivot, stop, or continue.
Topic 6
- Using Empathy to Drive Design: This topic focuses on the purpose and use of personas, the process of creating and using personas, and techniques for improving customer experience through empathy.
Topic 7
- Defining Product Strategy and Vision: This topic includes explaining the strategic purpose of the product, creating a compelling product vision, designing value propositions and business models. Moreover, it delves into mapping out the customer journey, defining the whole product and solution context, and designing the platform, API, and data strategy to support the overall product strategy.
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Scaled Agile SAFe Agile Product Manager (APM 5.1) Sample Questions (Q44-Q49):
NEW QUESTION # 44
What is an important step that increases confidence in the projected value of a market segment when integrating data from multiple sources?
- A. Collecting just enough data to elicit clear market segmentation value
- B. Focusing on internal Customers and analyzing the internal financial impact
- C. Understanding the impacts on the requirements, Solution Context, backlog, and the Architectural Runway
- D. Keeping calculations transparent and continually updated as more accurate information becomes available
Answer: D
Explanation:
The projected value of a market segment is an estimate of the potential revenue and profit that can be generated from selling products or services to that segment. To increase confidence in this estimate, it is important to keep the calculations transparent and continually updated as more accurate information becomes available. This involves documenting the assumptions, data sources, methods, and results of the calculations, and validating them with stakeholders and experts. It also involves monitoring the changes in the market conditions, customer behavior, and competitor actions, and adjusting the calculations accordingly. By keeping the calculations transparent and updated, the organization can ensure that the projected value of a market segment reflects the current and future reality, and avoid overestimating or underestimating the market opportunity.
Reference:
Market Segmentation: Definition, Example, Types, Benefits: This article from Investopedia explains the concept and purpose of market segmentation, and describes the four primary types of market segmentation: demographic, geographic, psychographic, and behavioral.
Market Segmentation: Definition, Types, Benefits, & Best Practices: This article from Qualtrics XM provides an overview of market segmentation, and discusses the benefits and best practices of market segmentation for businesses. It also provides some examples and tips on how to segment markets effectively.
Data Integration Market Size, Share & Growth Report, 2030: This article from Grand View Research provides a comprehensive analysis of the global data integration market, including the market size, share, growth, trends, drivers, challenges, opportunities, and segments. It also provides a regional and competitive landscape of the data integration market.
NEW QUESTION # 45
Which statement is true about the business model canvas (BMC)?
- A. It is a tool to describe what value the business will create
- B. It is a tool to describe and evolve how value will be created
- C. If a product does not generate revenue, a BMC is not useful
- D. It only works for businesses, not for products
Answer: B
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 # 46
Which statement is true about designing a data strategy?
- A. It is best when architected in the analyzing state within the ART Kanban
- B. It requires collaboration between Product Managers and their Customers
- C. Data monetization vastly increases the short-term value of products
- D. It should be approached as a one-time project
Answer: B
Explanation:
Designing a data strategy is the process of defining the vision, goals, principles, and governance of data and analytics in an organization. A data strategy should align with the business strategy and enable the delivery of value from data and AI initiatives. Designing a data strategy requires collaboration between Product Managers and their Customers, as they are the ones who understand the needs, problems, and opportunities of the market and the users. Product Managers and Customers should work together to identify the data sources, use cases, metrics, and feedback loops that will inform the data strategy and drive the data-driven decision making.
References:
* Design your data strategy in six steps | IBM
* How to build and deliver an effective data strategy: part 1 - Microsoft UK Blog
* Crafting Your Data Strategy - data.org
* Designing Data Strategies - Development Gateway: An IREX Venture
NEW QUESTION # 47
What is the most important information to communicate in a product Vision?
- A. Architecture requirements
- B. The target release date
- C. The new technology platform requirements
- D. How life/work will improve by using this Solution
Answer: D
Explanation:
A product vision is a description of the future state of the product and what problems it tries to solve or what ambitions it tries to fulfill. The most important information to communicate in a product vision is how life/work will improve by using this solution. This information captures the value proposition and the benefit hypothesis of the product, which reflect the needs and expectations of the customers and the stakeholders. This information also inspires and motivates the people who work on the product, as well as the potential users of the product. This information sets the direction and the purpose of the product, and guides the development and delivery of the features and capabilities.
References:
* Vision - Scaled Agile Framework
* Solution Vision - Scaled Agile Framework
* Product Vision | Agile Product Management
NEW QUESTION # 48
What is an example of a measurement that can help drive Value Stream innovation and improvements?
- A. Number of Customers added during the quarter
- B. Percentage of Customers activating the product
- C. Average Customer acquisition costs
- D. Iteration velocity measured on a quarterly basis
Answer: B
Explanation:
A measurement that can help drive Value Stream innovation and improvements is the percentage of Customers activating the product. This metric indicates how many Customers are actually using the product after acquiring it, and how well the product meets their needs and expectations. A high percentage of Customers activating the product means that the product delivers value and solves a problem for the Customers, and that the Value Stream is aligned with the Customer-centric mindset. A low percentage of Customers activating the product means that there is a gap between the product offering and the Customer demand, and that the Value Stream needs to innovate and improve the product design, delivery, and marketing.
References:
* Value Stream KPIs - Scaled Agile Framework
* The Four Most Useful Value Stream Metrics in Software
* What is an example of a measurement that can be used to help drive ...
NEW QUESTION # 49
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