Strategic Planning Flashcards

Project X has an IRR of 18% and Project Y has an IRR of 11%. If all else is equal, which is preferred?

Answer: Project X

A higher internal rate of return indicates a more attractive investment.

What is the primary goal of an agile project charter?

Answer: To authorize the project and align on vision, mission, and success criteria

An agile charter authorizes the work and states the vision, mission, and success criteria without detailing all requirements.

A team's velocity over the last five iterations was 22, 30, 18, 28, and 27. To give stakeholders a realistic forecast, the team should:

Answer: Give a range based on lower and upper velocity values

Forecasting with a velocity range communicates uncertainty more honestly than a single number.

Which practice helps make sure the release plan stays aligned with changing business priorities?

Answer: Revisiting and re-planning the release at regular intervals

Agile release plans are updated regularly as new information and priorities emerge.

What is the main benefit of slicing epics into thin vertical slices for early releases?

Answer: It delivers end-to-end value sooner and enables earlier feedback

Vertical slices cut through all layers to deliver usable value early and gather feedback.

An organization wants to prioritize features by business value, risk, and cost together. Which approach best supports this?

Answer: A risk-adjusted backlog that weighs value against risk and cost

A risk-adjusted backlog balances value-producing items with risk-reduction work based on their expected impact.

Which statement best describes 'fixed time, flexible scope' release planning?

Answer: The release date is held, and the lowest-priority features are cut if needed

Agile commonly fixes the timebox and adjusts scope, dropping lower-priority items to protect the date and quality.