Pass Scrum PAL-EBM Exam with PAL-EBM Practice Exam: Prove Your Knowledge of Evidence-Based Management

Eleanor2023-03-06T08:24:51+00:00

By Eleanor PAL-EBM Certification, Scrum PAL-EBM, PAL-EBM exam dumps, PAL-EBM free dumps, PAL-EBM practice exam 0 Comments

The Professional Agile Leadership – Evidence Based Management (PAL-EBM) is a popular Scrum certification, which helps you prove your knowledge of evidence-based management. ITPrepare will offer advice on how to pass the PAL-EBM exam using our PAL-EBM practice exam. You will learn the importance of understanding evidence-based management principles, the best ways to prepare for the exam, and tips for passing the exam with flying colors. We have everything you need to prove your knowledge of evidence-based management and obtain the PAL-EBM certification.

Below are the PAL-EBM exam dumps questions demo, you can check first:

Page 1 of 5

1. A company is trying to evaluate how happy their existing investors and stakeholders are. They are also trying to see if their happiness is improving or declining? Which KVA should they analyze? (Choose one)

Time to Market

Current Value

Unrealized Value

Ability to Innovate

2. Which of the following statements are true about Evidence Based Management (EBM)? (Choose all that apply)

EBM guarantees improved outcomes and increase of return on investments.

Evidence-Based Management is a framework which helps organizations measure, manage, and increase the value they derive from their product delivery.

Evidence-Based Management (EBM) provides a framework for organizations to improve their ability to deliver value, seeking a path toward strategic goals.

Evidence-Based Management (EBM) is an empirical approach that helps organizations to continuously improve customer outcomes, organizational capabilities, and business results.

3. As low-value features and systemic impediments accumulate, more budget and time is consumed maintaining the product or overcoming impediments, reducing A2I (Ability to Innovate).

True

False

4. An organization has one single product it has been working on for years. The product is making a profits; however, the Sale Manager advises Charles, the Product Owner, to reduce the price to attract more customers. The Financial Director argues that this may harm the company revenue.

What sources should Charles use to decide the product's pricing strategy?

Lead time

Market share

Innovation rate

Competitor's pricing

5. Which of the following is NOT a good reason to keep a team together for an extended period of time?

To Improve team collaboration

To Improve utilization

To improve the exchange of expertise within the development team

To make forecasting more consistent

To improve a team's focus

6. Reducing the number of features in a product release can dramatically improve Time-To-Market.

True

False

7. What are the different categories of organizational measures?

Activities

Outputs

Increments

Outcomes

Customer satisfaction

8. For the last few releases, your product's sales have not improved and not met your revenue projections.

Which measure would be most helpful in understanding the problem? (Choose the best answer)

Release Frequency?

Innovation Rate

Usage Index

Lead Time ?

9. A company in Germany uses NPS (Net Promoter Score) to understand the customers' satisfaction levels. Every year it sends a customer survey to the clients asking them if they would recommend the product to other. The team had invested a lot of time and effort creating and delivering a product increment that includes many new product features. This year, when the company sends out the survey and the NPS score still does not improve.

What other measures can help the company to better understand this outcome? (Choose the best two answers)

Installed Version

Market Share

Feature Usage Index

Release Frequency

Lead Time

10. Using the four key value area's, EBM examines: (Choose all that apply)

The responsiveness of the organization in delivering value.

The effectiveness of the organization in delivering value.

The current state of the organization relative to the organizational goals.

Goals of the organization.

Page 2 of 5

11. Typically a strategic goal is big, far away, has many uncertainties along the journey and needs the use empiricism.

False

True

12. An organization has many customers on different versions of the same product. Most of the employees in the organization spend time and effort in maintaining all of the product variations. This leaves them with little time to invest in product improvements.

Which of the following would best help the organization analyze it's effectiveness to deliver new value? (Choose the best answer)

Time to market

Ability to innovate

Current Value

Unrealized Value

13. An organization has been working on a Product for years. It has a large market share, no near competitors, and very satisfied customers. It does not warrant much new investment and is a classic cash cow product that is very profitable but nearing the end of its product investment cycle.

How would you describe the KVA for such a product? (Select best two answers)

High Unrealized Value.

High Current Value.

Low Current Value.

Low Unrealized Value.

14. What would be the best way to have multiple teams get started on a multi-product initiative?

Have them start with what they have as they'll self-organize and eventually figure out what to do.

Let the teams know what time of reporting the business will be needing.

Explain to them the goal of the initiative, how success will be measured, and together agree with how they will provide transparency.

Ensure that all features are assigned to the most suitable teams before getting started.

15. Which of the following reasons impede a teams ability to deliver new capabilities, innovative solutions and reduce A2I (Ability to innovate)? (Choose all that apply)

Inability to hire and inspire talented passionate team-members.

Having to maintain multiple code branches or product versions.

Lack of decentralized decision-making.

Spending too much time fixing defects or reducing technical debt.

16. An organization has a large number of products and is unsure about how to allocate funding across the products.

Which of the following is the best way for them to proceed?

Let the Finance Director decide

Allocate funding equally across all products.

Allocate funding evenly based on the revenue share for each product.

Fund small incremental changes for each product and measure outcomes and repeat.

17. The Net Promoter Score can be obtained by asking customers a single question: “How likely is it that you would recommend our product to a friend or a colleague?”.

False

True

18. Unrealized Value can be defined as: (Choose only one)

The satisfaction gap between a beneficiary’s desired outcome and their current experience.

The satisfaction gap between a beneficiary’s current experience and the roadmap planned.

The monitory gap between a beneficiary’s desired outcome and their current experience.

All of the listed options / all of the above.

19. Creating a culture of continuous improvement puts organizations on the path to competitive advantage.

False

True

20. Which of the following can potentially help reduce time to market? (Choose all that apply)

Improving pipeline automation.

Reducing the number of features in a release.

Removing internal communication bottlenecks.

Removing tech debt.

Shorter sprint cycles.

Page 3 of 5

21. Which are the different categories of organizational Goals? (Select three)

Intermediate Goal

Sprint Goal

Product Goal

Strategic Goal

Immediate tactical Goal

22. Experiments include which of the following aspects?

Forming a hypothesis for improvement.

Adapting your goals or your approach based on what you learned.

Running the experiments.

Inspecting results.

All of the above / all of the listed options.

23. Which two Key Value Areas are most affected if a team is switching tasks or is interrupted? (Choose two best answers)

Market share.

Potential System Value.

Ability to Innovate.

Time to Market.

24. Unrealized Value helps measure:

The value achievable if all features currently in the Product Backlog were built and released.

The potential value that could be realized if the organization met the needs of all potential customers or users.

The potential value of features currently under development.

None of these options

25. A Scrum Team (Lifeline) completed 80 story points of work in two weeks. Another Team (Pacemakers) completed 40 story points of work in one week.

Which team delivered more value?

Team Lifeline, since they finished more units of work.

Team Pacemakers since they finished the work sooner.

The amount of work completed is a measure of effort, not the delivered value.

Team Lifeline and Team Pacemakers delivered equal value.

26. What are the key characteristics of an effective strategic goal? (Choose all that apply)

A strategic goal should be measurable.

A strategic goal is usually focused on achieving a highly desirable but unrealized outcome.

A strategic goal should encourage organizational alignment.

A strategic goal should be transparent.

27. The effectiveness of an organization to deliver new capabilities that might better meet customer needs can be analyzed by looking at: (Choose the best answer)

Ability to innovate

Current Value

Time to market

Unrealized Value

28. An organization is building a new product and is in the early stages. The product is being used to test the market. The product does have a great market potential.

How would you define the KVA for such a product? (Select best two answers)

Low Current Value

Low Unrealized Value

High Current Value

High Unrealized Value

29. Product 1 creates profits of £1 million currently. Product 2 creates profits of £2 million currently.

Which product creates more value for customers?

We do not have enough information to know

Product 2

Product 1

30. Which of the following might NOT help a team increases its frequency of delivery?

Automating the delivery pipeline.

Product Backlog refinements.

Reducing cross-team dependencies.

Synchronizing release schedules across teams.

Page 4 of 5

31. A company has a product which belongs to the healthcare industry. In 2020, the compliance and regulations standards in this industry rapidly changed resulting into product features changes. The company wants to analyze how fast it can develop and release these features to their existing clients?

Which KVA should the company analyze?

Current Value

Unrealized Value

Time-to-Market (T2M)

Ability to Innovate

32. Organizations run experiments that are intended to advance them towards their current Intermediate Goal. As they run these experiments and gather results, they use the evidence to: (Select two best answers)

Evaluate their existing strategic, intermediate and immediate actionable goals and determine their next steps to advance toward these.

Create a work plan for the entire release.

Validate or reject a hypothesis.

Create reliable estimates.

33. A company has many unique variations of the same product that it sells to different customers. Some versions are decades old. Maintaining all these versions leaves very little time to improve the product.

What measures should they examine to help improve the ability to deliver value? (Choose two)

Innovation Rate.

Velocity.

Cycle Time.

Installed Version Index.

34. 1.An organization manages a portfolio of products across multiple industries. The organization is also trying to evaluate the effort and risk of launching a new product in a new market. The product has less competition and it is wondering if it should pursue these untapped opportunity. The company wants to know if it should make further investments.

Which KVA should the organization evaluate? (Choose the best answer)

Current Value

Time to Market

Unrealized Value

Ability to Innovate

35. Think wheels, a truck company has recently acquired two new clients. These clients has significantly increased the work of the employees. The CEO of the company is not sure if the existing number of truck drivers / employees will be able to accommodate the new work. He wants to look at the existing work to analyze the gaps. He also wants to make sure that the existing clients are not impacted.

Which KVA should Think wheels evaluate to understand how happy or stressed the employees currently are, and whether the existing clients are impacted?

Current Value

Ability to Innovate

Time to Market

Unrealized Value

36. An organization has been implementing Scrum for years. Under what circumstances does the organization really need an empirical approach to solving a problem? (Choose the best answer)

When working with new and unproven technology.

When business risk is high.

When the market is changing rapidly.

When technical risk is high.

All of the above / Listed options.

37. Which are the three types of goals described in the Evidence-Based Management framework? (Choose three)

The Strategic Goal.

Nexus Goals

The Intermediate Goal.

Tactical Goals.

Sprint Goals

38. Unrealized Value is a gap which can be measured by looking at the difference between: (Select one)

All of the above / listed options.

Current product / service market size when compared to the total market size.

Actual user's experience when compared to the user's desired experience.

Product gap when compared to the roadmap.

39. Application A is generating the most money and profit for a company with a very happy customer base (high Current Value) and low Unrealized Value. Application B is fairly new and has low Current Value but has high Unrealized Value. The Product Owners of both apps are requesting significantly more funding to add improvements to their products.

How should this company respond?

AA should split the funding evenly in order to hedge and balance risk.

The company should split the funding proportionately to app revenue.

Invest funding for the B application on the grounds that it has more future potential value for the company.

Approve the request for funds to the A application because it is the primary driver of this company's success.

40. Each Scrum Team should ensure that their Product Goals and Sprint Goals are in support of the organization's Strategic Goals, Intermediate Goals, and Immediate Tactical Goals.

True

False

Page 5 of 5

41. Which Key-Value Area is most effective at measuring market potential? (Choose the best answer)

Time-to-Market.

Current Value.

None of the above.

Unrealized Value.

42. Which of the following statements about EBM (Evidence-Based Management) are true? (Choose all that apply)

Based on best available evidence, EBM (Evidence Based management) helps organizations improve their ability to make decisions on ways to improve.

Evidence-Based Management improves the quality of managerial decision-making through the integration of current best evidence with practical experience and human values.

EBM (Evidence Based management) does not need the measures of current conditions nor does it need the measure of experimental impacts.

EBM (Evidence Based management) enables organizations to systematically improve their performance over time and refine their goals based on better information.

43. Working on fewer things at a time, eliminating multi-tasking, helps organizations focus so that they finish everything faster than they would if they took on more work.

False

True

44. Playtech, a software company has recently acquired a lot of new clients. While the existing client products and services are not impacted, the human resource department of the company has reached out to the management with concerns about the increase in employee work hours.

Which KVA should the Playtech evaluate to understand how happy or stressed the employees currently are and whether its increasing or decreasing?

Current Value

Unrealized Value

Time to Market

Ability to Innovate

45. Which KVA should be analyzed by an organization to check if any additional value can be created in the existing market it participates in or other markets?

Current Value

Unrealized Value

Ability to Innovate

Time-to-Market

Pass Scrum PAL-EBM Exam with PAL-EBM Practice Exam: Prove Your Knowledge of Evidence-Based Management