(APM) EXAM 2024-2025 WITH LATEST
QUESTIONS AND CORRECT ANSWERS
GRADED A+
The PM may fulfill the role of the _____? - ANS-Product owner: defining stories, prioritizing team
backlogs, accepting stories, etc.
T or F? PM supports all product aspects - ANS-True - Acts as marketing, contact for sales, reviews legal
agreements, responses to service requests, manages value steam economics
PMs rely on ___ for development facing concerns - ANS-Product Owners
What four areas make up whole-product thinking? - ANS-Generic product, expected product,
augmented product, potential product
In whole product thinking the generic product represents what? - ANS-Minimum product to satisfy
customer
In whole product thinking expected product represents what? - ANS-Features typically found in this type
of product
,In whole product thinking augmented product represents what? - ANS-Features that differentiate this
specific product from competitive or alternative products
In whole product thinking potential product represents what? - ANS-Our vision of future capabilities that
keep customers
Competitors product capabilities and customers overlapping needs means what for your product? - ANS-
You lose because you can't perform there!
Competitors product capabilities and customers overlapping needs overlapping with your product
capabilities means what for your product? - ANS-You have to fight for those customers!
Your product capabilities and customers overlapping needs means what for your product? - ANS-You
win!
In APM a ___ is an extensible architecture with a base platform and optional modules - ANS-Platform
A collection of APIs or services provided for a fee or a group of technologies that are used as a base
upon which other apps, processes or technologies are developed is usually called a __ - ANS-Platform
In APM data strategy means... - ANS-How they and the customers will create and manage data and
metadata as well as what data they own, access, use and share
Four dimensions of product management stakeholders - ANS-Business goals, getting it off the shelf
(shipped), getting it built and leveraging support
____________ ____________ is an iterative solution development process that promotes a holistic
approach to delighting all stakeholders - ANS-Design thinking
Desirable, sustainable, feasible and _________ are the four areas of design thinking - ANS-viable
, Driving product strategy and execution, communicating vision, managing program backlog all have to do
with what APM area? - ANS-Feasible
What are the 2 populations of Geoffrey Moore's Crossing the Chasm? - ANS-Early adopters and late
adopters
What is Design Thinking's double diamond? - ANS-Understand the problem, design the right solution
What are the two steps of Understanding the Problem in Design Thinking? - ANS-Discover (diverge),
Define (converge)
What the two steps of Designing the right solution in Design thinking? - ANS-Develop (diverge), Deliver
(Converge)
Focuses on the who, what and why, Determines concepts, opinions and values, assesses value provided
and what internal/external customers will pay, influences marketing and sales is what research area? -
ANS-Market Research
Focuses on the how, observes and evaluates what customers and users do, determines how customers
use or will use the product, influences capabilities and features is what research area? - ANS-User
research
What research area generally aligns to long-term product development planning horizons? - ANS-Market
research
T or F. Continuous exploration is market research - ANS-True
What are the 5 populations of diffusion of innovation? - ANS-Innovators, early adopters, early majority,
later majority and laggards
What kind of data is: Previously collected and published data, and may or may not address specific
questions - ANS-Secondary data