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| Section | Objectives |
|---|---|
| Measuring Outcomes and Value | - Value-based metrics and flow metrics - Using evidence for decision-making |
| Improving Organizational Effectiveness | - Reducing waste and improving flow efficiency - Outcome-driven improvement strategies |
| Evidence-Based Management Foundations | - Transparency, inspection, and adaptation principles - Empiricism in product and organizational decision-making |
| Key Value Areas (KVAs) | - Current Value - Time to Market - Unrealized Value - Ability to Innovate |
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:
Correct Answer: B 🗳️
True or False: Goals are made more practical and actionable by breaking them down into department, group, and team levels.
Response:
Correct Answer: A 🗳️
Which of the following provides you with the most valuable information about the value delivered by a product or service?
Response:
Correct Answer: C 🗳️
Your executive sponsor visits the executives of an important customer. During the visit, they communicate to her what they believe is an important feature for your next product release, and your sponsor promises it will be in the release.
Your team builds and delivers the feature as promised. Over the next three months, your measures of the usage of the feature show that it has not been used. When you ask users from this important customer "why?", they indicate that they did not need the feature and their executives don't really understand the needs of their users.
Do you communicate this to your executive sponsor?
(choose the best answer)
Response:
Correct Answer: B 🗳️
The benefit of the Evidence-Based Management framework is:
Response:
Correct Answer: C 🗳️
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