Product Lifecycle
What is a Product?
A short, time-boxed period where a product team works to complete a set amount of work
What is a sprint?
A larger body of work, supporting a strategic initiative, that typically takes multiple teams and months to complete
What is an Epic?
A portfolio and product management tool owned by Apptio
What is Apptio TargetProcess
a short meeting, usually lasting 5–15 minutes, where team members share information about their progress and blockers
What is the Daily Stand Up?
This tool outlines the current experience of a customer as they interact with a brand, event, product, or service
What is a Current State Journey Map?
This agile role is responsible for facilitating team ceremonies and events
What is a Scrum Master?
A strategic approach that helps organizations align their project portfolio with business objectives, increase efficiency, and improve customer satisfaction
What is Lean Portfolio Management (LPM)?
An agile project management and issue tracking tool that helps teams plan, track, release, and support software.
PAL
What is Product Agile Leader?
a metric that measures how long it takes for a customer to start receiving value from a product or service after purchase.
What is time to value?
A version of a product with just enough features to be usable by early customers who can then provide feedback for future product development
What is an MVP (Minimum Viable Product)
SMART is an acronym used to encourage quality goal writing. Name the five words represented in the SMART goal
What are, specific, measurable, achievable, realistic, and time-bound
The name of the product and portfolio module in ServiceNow
What is Strategic Portfolio Management (SPM)
Works with internal and external stakeholders, including Product Owners, to optimize cross product strategy while growing Product Owner resources reporting to them, and serving as the highest-level fiduciary and content authority for their portfolio of products.
Who is the Portfolio Owner?
The third step of "The Product Model"'s definition of the Product Lifecycle
What is "Create a Product Plan/Roadmap"
The acronym that SAFe stands up
Scaled Agile Framework
A prioritization model used to sequence jobs (e.g., Features, Capabilities, and Epics) to produce maximum economic benefit.
What is WSJF (Weighted Shortest Job First)?
Of the Product Management tools that we reviewed, which tool does Maryville exclusively partner with?
What is NONE? (Trick question, we are not exclusive partners with any tools and work with the client to identify the best fit for their business)
A set of actions that take place to add value to a customer from the initial request through realization of value by the customer.
What is a value strream?
The ideal ratio of the idea/demand intake?
What is 20% reactive & 80% proactive
Relative estimate values representing the effort required to deliver specific features or functionality.
What are story points?
The difference between KPIs and Metrics
KPIs measure performance based on key business goals, while metrics measure performance or progress for specific business activities. KPIs are strategic, while metrics are often operational or tactical.
The coding language used to configure Apptio TargetProcess
What is Javascript
A database used to store IT configuration and infrastructure information. It's main purpose is to provide a single source of truth for an organization's IT service management (ITSM)
What is CMBD (Configuration Management Database)