SAFe-APM Dump with the Help of FreePdfDump Exam Questions
SAFe-APM Dump with the Help of FreePdfDump Exam Questions
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Scaled Agile SAFe Agile Product Manager (APM 5.1) Sample Questions (Q30-Q35):
NEW QUESTION # 30
The business wants to avoid losing Customers. A new Feature to address that could be placed in which category?
- A. New business
- B. Operational efficiency
- C. Up-sell
- D. Retainment
Answer: D
Explanation:
Retainment is the category of a new feature that aims to keep existing customers loyal and satisfied with the product or service, and prevent them from switching to competitors or alternatives. Retainment features can include loyalty programs, referral incentives, customer feedback mechanisms, personalized offers, and improved customer service. Retainment features can help the business reduce customer churn, increase customer lifetime value, and enhance customer advocacy.
References:
* Feature Categories: This article from the Scaled Agile Framework explains the concept and purpose of feature categories, and how they can help product teams prioritize and communicate the value of features. It also describes the four main feature categories: new business, up-sell, operational efficiency, and retainment.
* How to Stop Losing Customers: 6 Proven Ways | Pressfarm: This article from Pressfarm provides some practical tips and examples of how to stop losing customers and increase customer retention, such as staying connected, offering excellent customer experience, and providing value-added services.
NEW QUESTION # 31
Which item on the ART planning board might indicate a market window occurrence during a PI?
- A. Business value
- B. Dependencies
- C. Feature
- D. Milestone
Answer: D
Explanation:
A milestone is a specific point in time that marks a significant event or achievement for the ART or Solution Train. A milestone can indicate a market window occurrence during a PI, which is a limited period of time in which a product or service can be launched to gain acompetitive advantage or meet a customer demand. A milestone can help the ART or Solution Train align their delivery with the market window, and communicate their progress and readiness to the stakeholders.
References:
* Milestones: This article from the Scaled Agile Framework explains the concept and purpose of milestones, and describes the four types of milestones: Program Increment (PI), Fixed-Date, Learning, and Benefits.
* ART Planning Board: This article from the Scaled Agile Framework describes the role and structure of the ART Planning Board, and how it supports the PI Planning process and the Program Board.
* ART Planning Board - PI Planning: This article from Ivar Jacobson International provides practical advice and examples of how to use the ART Planning Board during the Management Review, and what to look for in terms of market windows, dependencies, risks, and objectives.
NEW QUESTION # 32
Which statement is true about the business model canvas (BMC)?
- A. It is a tool to describe what value the business will create
- B. If a product does not generate revenue, a BMC is not useful
- C. It only works for businesses, not for products
- D. It is a tool to describe and evolve how value will be created
Answer: D
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 # 33
Which statement is true about designing a data strategy?
- A. Data monetization vastly increases the short-term value of products
- B. It should be approached as a one-time project
- C. It requires collaboration between Product Managers and their Customers
- D. It is best when architected in the analyzing state within the ART Kanban
Answer: C
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 # 34
Which aspects of a product's strategic intent can personas help define?
- A. Supplier and local ART agreement coordination
- B. Lean Budget Guardrails
- C. Features and benefit hypothesis
- D. Specific Feature building based on Teams in the ART
Answer: C
Explanation:
Personas are fictional characters that represent the ideal customers or users of a product or service. They help product teams understand and empathize with the needs, goals, and preferences of their target segments.
Personas can help define the features and benefit hypothesis of a product's strategic intent, which is the assumption that a certain set of features will deliver a specific benefit to the customers or users. By using personas, product teams can validate their feature and benefit hypothesis with real user feedback, and prioritize the features that deliver the most value and satisfaction to their personas.
References:
* Personas: This article from the Scaled Agile Framework explains the concept and purpose of personas, and how they can be used in a SAFe context to support customer-centricity, design thinking, and lean UX.
* Strategic Intent: This article from the Scaled Agile Framework defines the concept and components of strategic intent, and how it guides the portfolio vision, lean budget guardrails, and portfolio backlog.
* Feature and Benefit Hypothesis: This article from the Scaled Agile Framework describes the concept and process of feature and benefit hypothesis, and how it helps product teams test and validate their assumptions about customer value.
NEW QUESTION # 35
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