PSPO Product Metrics and ROI 2

Question 1

What is the difference between leading and lagging indicators for a Product Owner?

Accepted Answer

Leading indicators predict future outcomes; lagging indicators confirm past results

Answer

Lagging indicators predict trends; leading indicators confirm history

Answer

They are interchangeable terms for the same type of metric

Answer

Leading indicators are for engineering; lagging indicators are for business

Question 2

How can A/B testing support a Product Owner's decision-making?

Accepted Answer

By providing empirical evidence about which product variation delivers more value to users

Answer

By proving that new features are always better than existing ones

Answer

By replacing stakeholder input in feature decisions

Answer

By measuring individual Developer productivity

Question 3

What is user retention rate and why does it matter to a Product Owner?

Accepted Answer

The percentage of users who continue using the product over time, indicating whether it delivers sustained value

Answer

The number of new users acquired each Sprint

Answer

A metric tracking how long users spend on each page

Answer

A measure of customer support ticket resolution time

Question 4

What is the concept of 'cost of delay' and how should a Product Owner apply it?

Accepted Answer

The value lost by not delivering a feature sooner, used to prioritize high-urgency, high-value items

Answer

The financial cost of team overtime when Sprint goals are missed

Answer

The penalty for failing to meet contractual delivery dates

Answer

The cost of running the development team without delivering features

Question 5

What does 'actionable metric' mean for a Product Owner?

Accepted Answer

A metric that directly informs a decision or triggers a specific response when it changes

Answer

A metric that executives can present in board meetings

Answer

A metric tracked automatically by product analytics tools

Answer

A metric that measures team velocity over multiple Sprints

Question 6

How should a Product Owner measure the success of a newly released feature?

Accepted Answer

By tracking adoption, usage, and outcome metrics against pre-defined success criteria

Answer

By counting the number of lines of code added

Answer

By measuring team velocity before and after the release

Answer

By asking the Scrum Master to evaluate team performance