Get Valid Scaled Agile SAFe-APM Exam Questions and Answer
Get Valid Scaled Agile SAFe-APM Exam Questions and Answer
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Scaled Agile SAFe Agile Product Manager (APM 5.1) Sample Questions (Q24-Q29):
NEW QUESTION # 24
Which is a good example of a pivot that would indicate that Customers want to pay in a different way?
- A. Customer problem pivot
- B. Customer segment pivot
- C. Feature pivot
- D. Value exchange pivot
Answer: D
Explanation:
A value exchange pivot is a type of pivot that changes the way customers pay for the product or service, or the way the business generates revenue from the product or service. A value exchange pivot would indicate that customers want to pay in a different way, because it reflects a change in the customer preferences, behavior, or expectations regarding the payment method, frequency, or amount. For example, a business may pivot from a one-time purchase model to a subscription model, or from a fixed-price model to a pay-per-use model, based on the customer feedback and data.
Reference:
Pivot: This article from the Scaled Agile Framework defines the concept and purpose of pivot, and how it helps to validate or invalidate the assumptions and hypotheses of a product or service using experiments and feedback.
The 10 Types of Startup Pivots: This article from Forbes provides an overview of the 10 types of startup pivots, and how they can help entrepreneurs adapt and innovate in response to the market and customer needs. It also provides some examples of successful pivots by well-known companies.
NEW QUESTION # 25
Why is it important for every business to allocate funding to investment horizon 3?
- A. To ensure necessary investment is allocated to retire an existing product
- B. To create future products that can create new revenue streams
- C. To improve existing products so income exceeds costs
- D. To identify the Features in the users of the product like most
Answer: B
Explanation:
Investment horizon 3 is the longest-term horizon that focuses on exploring and developing breakthrough innovations that can create new markets and revenue streams for the business. It is important for every business to allocate funding to investment horizon 3, because it enables the business to anticipate and respond to the changing customer needs, technological trends, and competitive threats, and to secure its future growth and survival. Investment horizon 3 requires a high level of creativity, experimentation, and risk tolerance, but it can also generate a high level of return and differentiation.
References:
* 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.
* Enduring Ideas: The three horizons of growth | McKinsey: This article from McKinsey presents the original framework of the three horizons of growth, and discusses how it can help businesses balance their current and future opportunities and challenges.
NEW QUESTION # 26
Which type of product might face a chasm in its adoption?
- A. Innovative product
- B. Mature product
- C. Decommissioned product
- D. Growth product
Answer: A
Explanation:
The chasm is the gap in the technology adoption lifecycle between the early adopters and the early majority. The early adopters are enthusiasts who are open to trying new technologies, whereas the early majority is more pragmatic and cautious. The chasm occurs due to the differing expectations and requirements of these two groups. An innovative product is a product that introduces a new or significantly improved technology, functionality, or design that creates a new market or disrupts an existing one. An innovative product might face a chasm in its adoption, because it may not appeal to the mainstream customers who value reliability, compatibility, and convenience over novelty and differentiation. Therefore, an innovative 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 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.
How to Cross 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.
NEW QUESTION # 27
What research game is primarily used to better understand the priorities of Solution requirements?
- A. Buy a Feature
- B. Speed Boat
- C. Start Your Day
- D. Spider Web
Answer: A
Explanation:
Buy a Feature is a research game that is primarily used to better understand the priorities of Solution requirements. Buy a Feature is a collaborative prioritization technique that involves giving participants a fixed amount of virtual money and a list of features or requirements with different costs. The participants then have to decide which features or requirements they want to buy, either individually or in groups. The game reveals the preferences, trade-offs, and consensus of the participants, as well as the relative value and importance of each feature or requirement.
Reference:
Buy a Feature - Scaled Agile Framework
Buy a Feature - Innovation Games
What Innovation Game is primarily used to better understand the priorities of Solution requirements?
NEW QUESTION # 28
Which factor must be included when building a model of market segment value?
- A. Number of existing competitors
- B. Number of servers it will take to deliver the value
- C. Number of product distributors
- D. Number of product configurations that will be offered
Answer: A
Explanation:
According to the SAFe Agile Product Management APM (6.0) documents and learning resources, market segment value is the total value of a specific market segment for agiven solution. It is calculated by multiplying the number of potential customers in the segment by the average revenue per customer and the expected market share. The expected market share depends on several factors, such as the value proposition, the competitive advantage, and the number of existing competitors. Therefore, the number of existing competitors is a factor that must be included when building a model of market segment value.
References:
* Agile Product Management - Scaled Agile Framework
* Customer Centricity - Scaled Agile Framework
* 5.4 Essential Factors in Effective Market Segmentation
NEW QUESTION # 29
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