Serial & Agile

Question 1

Requirements

Answer 1

often written as user stories which capture who it is for, what they are trying to accomplish, why it matters to them

Question 2

Estimating and Planning

Answer 2

Product Backlog – prioritized list of requirements
Story points - measure of estimating resources
Team velocity = how fast is the team finishing up the backlog

Question 3

Iterative development

Answer 3

Generally 1-4 weeks

Question 4

Visual management

Answer 4

Task board

Question 5

User stories

Answer 5

• are short, simple descriptions of a feature told from the perspective of the person who desires the new capability, usually a user or customer of the system. They typically follow a simple template.
• often written on index cards or sticky notes, and arranged on walls or tables to facilitate planning and discussion. As such, they strongly shift the focus from writing about features to discussing them

Question 6

Value Creation Processes

Answer 6

the way the product manager and the project team organize around the work that needs to be completed

Question 7

3 types of value creation processes:

Answer 7

Serial, Iterative, Agile

Question 8

Product Management Framework (PMF)

Answer 8

The process of managing the entire lifecycle of product from conception, through development and production, to retirement

Question 9

Phase-gate

Answer 9

Decision process whether to move forward to the next phase depending on deliverables and achievements in that stage
E.g. Going from high-school to college requires passing the high school and getting accepted by the college (SATs, ACTs etc)

Question 10

4 possible outcomes of phase-gate review completion:

Answer 10

1. Go
2. No Go
3. Redirect or rework
4. Defer or hold

Question 11

Advantages of Serial Process:

Answer 11

• Manages cost risk
• Known and agreed-upon requirements
• Trace-able

Question 12

Disadvantages of Serial Process:

Answer 12

• Longer duration

- Schedule delays due to defect identification and resolution

Question 13

Iterative/Incremental Processes

Answer 13

Develop a product through repeated cycles (iterative) and in small portions at a time (increments), allowing the team to take advantage of what they learned while developing earlier parts or versions of the system

• • The process starts by delivering a smaller subset of requirements learn from the customer feedback  enhance the delivery  repeat
• Allows faster response where the requirements are changing rapidly

Question 14

Iteration

Answer 14

refers to the cyclic nature of a process in which activities are repeated in a structured manner

Question 15

Increment

Answer 15

refers to the quantifiable outcome of each iteration

Question 16

Agile

Answer 16

Describes number of development methodologies that share common principles associated with incremental/iterative processes

Question 17

Common Agile processes include

Answer 17

• Scrum
• Extreme programming
• Feature-driven development