Value-Driven Delivery Flashcards

Deliver valuable results by producing high-value increments for review, early and often, based on stakeholder priorities. Have the stakeholders provide feedback on these increments, and use this feedback to prioritize and improve future increments.

1
Q

What does Red-Green-Clean stand for?

A

In TDD:

  • test fails (red)
  • test passes (green)
  • refactor (clean)
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2
Q

What is the Gulf of evaluation?

A

The difference between what is said and what is understood

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3
Q

In this test, the tester tries to discover issues and unexpected behaviour

A

Exploratory testing

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4
Q

In this test it is evaluated how the user will respond to the system under realistic conditions

A

Usability testing

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5
Q

Why use continuous integration?

A

For immediate feedback on bugs/defects

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6
Q

What is ROI?

A

Return on Investment (ROI) is the profitability of a project

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7
Q

In value calculation, what is the Present value (PV)?

A

The calculation of a future amount in today’s terms given an assumed interest rate and inflation rate

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8
Q

In value calculation, what is the Future value (FV)?

A

The calculation of a present amount in today’s terms given an assumed interest rate and inflation rate

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9
Q

In value calculation, what is the Net present value (NPV)?

A

Present value of a revenue stream over a series of time periods

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10
Q

In value calculation, what does the Internal rate of return (IRR) represent?

A

Determines the point where the project is profitable (when positive)

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11
Q

In value calculation, how can the Earned Value (EV) be calculated?

A

Percent Complete times Budget at Completion (BAC)

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12
Q

In value calculation, how can the Cost Performance Index (CPI) be calculated?

A

Earned Value (EV) divided by the Actual Costs (AC)

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13
Q

In this contract form, the vendor gets paid a higher hourly rate if it is able to deliver early

A

Graduated fixed-price contract

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14
Q

How complete must a Minimum Viable Product (MVP) be?

A

Complete enough to be useful, but small enough that it does no represent the entire project

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15
Q

How can Work in Progres (WIP) be a problem?

A

It requires investment, but delivers no return until the work is complete

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16
Q

What is the use of a Cumulative Flow Diagram?

A

It helps tracking and forecasting the delivery of value

17
Q

What is the MoSCoW prioritization scheme?

A
  • Must have
  • Should have
  • Could have
  • Would like to have, but not at this time
18
Q

What does the Kano Analysis help to identify?

A
  • Basic needs (dissatisfiers)
  • Performance needs (satisfiers)
  • Attractive needs (delighters)
19
Q

The longer a project lasts the more opportunity for what?

20
Q

What is value-driven delivery?

A

Having knowledge about delivering valuable results by producing high-value increments for reviews based on stakeholders’ priorities.

21
Q

What are the key elements of Value driven delivery?

A
  • Incremental Development
  • Risk control
  • Prioritization
  • Define Positive Value
22
Q

How can an organization using Agile utilize competitive advantage over others and realize value earlier?

A

Delivering work incrementally

23
Q

On what basis should a team’s process be improved?

A

On the basis of the team’s experiences and organization preferences.

24
Q

In terms of Agile project management, how can prioritization be defined?

A

The process where customers organize product backlog for implementation based on the perceived values.

25
If the Agile management intends to determine how much a project has progressed in terms of realization of values by the team, which tool should be used?
Earned Value Management
26
In Customer-valued Prioritization, what does the value prioritization scheme CARVER stand for?
- Criticality – how important to be done upfront - Accessibility – can work on it immediately? or depends on other work / skills? - Return – ROI / NPV / IRR - Vulnerability – how easy to achieve the desired results? - Effect – what are the effects on the project (help moving towards the goal of the project)? - Recognizability – have the goals been clearly identified?
27
The conformity of a product to a rule such as in specification, policy, standard or law is known as ____.
Compliance
28
In Value-Driven Delivery, how is Positive Value achieved?
- Define deliverables to be developed incrementally - Refine requirements by gaining consensus on the acceptance criteria - Select and tailor the team’s process
29
In Value-Driven Delivery, how to Avoid Potential Downsides?
- Plan for small releasable increments by building MVPs - Limit increment size and increase review frequency with appropriate stakeholders - Solicit customer and user feedback
30
In Value-Driven Delivery, how to do Prioritization?
- Prioritize units of work with stakeholders - Perform frequent review and maintenance of the work results - Continuously identify environmental, operational and infrastructure factors
31
In Value-Driven Delivery, how to do Incremental Development?
- Conduct operational reviews with stakeholders - Balance development of deliverable units and risk reduction efforts - Re-prioritize requirements periodically - Elicit and prioritize relevant non-functional requirements (such as performance and security) - Run frequent inspections, tests and reviews of the product
32
Basically, what are the Dot voting/monopoly money/100 point methods?
Games to be played with stakeholders where they put their limited number of dots/money/points on certain features from the product backlog
33
What is Little’s law?
“the duration of a queue is proportional to its size” -> by limiting the WIP, teams can complete work faster
34
What is DSDM contracting?
- joins Rapid Application Development (RAD) and waterfall - fixed schedule, cost and quality - follows agile framework
35
In this contract form, the vendor gets paid the same for doing a certain job, independent of how much time it took
Fixed-price work packages