Agile
Basics
Basics
What does the acronym "Agile" stand for?
It doesn't stand for anything; it's a mindset and methodology.
How long is a typical Scrum sprint?
1-4 weeks
This process involves quickly building lightweight versions of features to test hypotheses.
What is prototyping or building an MVP (Minimum Viable Product)?
What does KPI stand for?
Key Performance Indicator
You’re in a sprint and a stakeholder requests a critical feature. What do you do?
Discuss the criticality of it. Even though mid-sprint changes are discouraged, but if it has to be executed, then keeping in mind the effort, resource and time involved, remove equivalent amount of work from the current sprint.
Name one key value from the Agile Manifesto.
"Individuals and interactions over processes and tools" (or any of the 4 Agile values).
Who facilitates Scrum ceremonies and removes blockers?
Scrum Master
This document forecast the vision, goals, and high-level plan for how a product will achieve its objectives over time.
What is a product roadmap?
What metric tracks user behavior after signing up or purchasing?
Retention
Your team consistently fails to complete committed sprint work. What might be the issue?
Overcommitting or inaccurate estimation; consider recalibrating velocity.
What is the term for a time-boxed iteration in Scrum?
Sprint
What are the three Scrum artifacts?
Product Backlog, Sprint Backlog, and Increment
This popular framework helps product managers evaluate what to build by balancing value, feasibility, and usability
What is the product/market fit framework?
What prioritization technique ranks tasks by impact and effort?
Impact/Effort Matrix
A customer churns shortly after onboarding. What should the product team investigate first?
Onboarding experience and value delivery timing
What Agile framework emphasizes visualizing work and limiting work-in-progress?
Kanban
In Kanban, what is a WIP limit?
A restriction on how many tasks can be in progress at one time
Name a prioritization Model
What is the Kano mode?
What does RICE stand for in product prioritization?
Reach, Impact, Confidence, Effort
The dev team pushes back on a product requirement. What’s the product manager’s best move?
Collaborate to understand concerns and revisit priorities or scope.
In Agile, what is the difference between "velocity" and "burndown"?
Velocity is the amount of work completed in a sprint; burndown is a chart tracking remaining work.
What is the difference between Scrum and Kanban in terms of roles?
Scrum has defined roles (Scrum Master, Product Owner); Kanban does not prescribe roles.
What is product manager spirit animal?
Octopus
Which metric tells you the average revenue generated per user?
ARPU (Average Revenue Per User)
You launched a new feature, but usage is lower than expected. What should you do next?
Analyze user feedback/data, run usability tests, and consider A/B test