Reference no: EM132668419

Problem 1: What is the primary purpose of Product Manager interactions with Lean Portfolio Management?

Option 1: Selling the product

Option 2: Providing effective operational support

Option 3: Getting the product built

Option 4: Meeting the business goals

Option 5: Alignment of market segment with the Enterprise's mission

Problem 2: A company that typically markets to small companies has a growth strategy to sell to larger organizations. The Product Manager is in charge of a new application and must recommend which of the following segments to address first.

Segment 1: Top 1,000 very large companies (over 25,000 employees); dominated by large Enterprise application vendors who sell the app as an add-on module but is not well integrated into their other applications. Customer anecdotes indicate low satisfaction.

Segment 2: 5.8 million US-based small businesses (under 500 employees); tasks often done in spreadsheets. Competitors are small privately-owned software companies offering desktop-based solutions. The company already has good market share in this segment.

What should be the recommendation for the next 12 months?

Option 1: Find another segment

Option 2: Choose both

Option 3: Choose segment 2

Option 4: Choose segment 1

Problem 3: What is a key role of Product Management when preparing for PI Planning?

Option 1: . Adjust market rhythms to align with PI boundaries

Option 2: Create a program board showing critical dependencies

Option 3: Socialize the prioritized backlog with stakeholders

Option 4: Develop plans for improvements found in Inspect & Adapt