Exam Simulation OKR Coach

Welcome to your OKRM1-Exam Simulation Exam.

The time will starting after the click on the right Button "NEXT"

These are the basic conditions:

Total Questions: 15
Time: 15 Minutes
Score to pass in: 70% Best of luck.

Best of Luck

1. If you work with OKRs you work with the so called...

Taylorism Framework

Waterfall model

backlog

Silicon Valley Leadership Framework

2. Nobody in the world should have health problems due to a lack of nutrients. This is a...

Strategy

Mission

Vision

Value

3. In the context of modern management it is important...

...to drastically reduce personal responsibility and decisions to be made independently within the circle of employees.

...as a leader, to provide his or her employees with the appropriate resources, an offer of support and the elimination of any problems that arise, creating a framework in which they can maximize their performance and make correspondingly increased contributions to overriding corporate goals.

...to adhere to strict hierarchies, as this has proven its worth in the past.

...for managers to become part of the team and to get rid of any associations of a superior.

4. What are the requirements for a good key result?

Key Results are independent of each other -> errors in one KR should not or only slightly influence the results of the other KRs.

Above 75% of the expected value, the result is considered good.

Inspiring & motivating goals, which create a concrete picture in the mind.

Describes success drivers, not indicators of success -> KR increases the probability of achieving goals & does not measure whether we have been successful

5. Which statement regarding "Servant Leadership" is correct?

Describes a modern leadership style, which illustrates how leadership could look like in an agile context.

A management style that promotes interest in its employees and their development.

Is a term of modern management styles, which has its origin in the past phases of digitalization and an organizational adaptation to modern markets.

Serving leaders always act in the interest of their business unit.

What is the difference between KPI and OKR?

KPI is set for key performance indicator. OKR is set for individual development.

KPI should be discussed by quarter. OKR should be discussed by year.

OKR can be replaced KPI.

KPI can be discussed and adjusted. OKR is strictly set.

What is the objective of creating OKRs?

to adjust the salary

to compensate staff

to pay annual bonus

to recognize the individual

8. Which is NOT true about the S.M.A.R.T ?

Measurable

Target

Relevant

Specific

9. What are the benefits of objectives and key results?

They significantly improve the work-life balance of the employees.

They combat silo-based divisional egoisms through transparency across all levels of the company and improved coordination.

They clarify hierarchical levels and thus facilitate internal company processes.

They promote employee commitment by reducing excessive demands and stress when applied in a targeted manner, while at the same time increasing focus and motivation.

10. The focus of agile project management is on

Hierarchical project structure

Planning and structure

Regular and short-term adjustments to changes

Flexibility and self-organisation

11.

The items below are contributions from OKRs to Business Agility, except:

Progress measured by deliveries not comprehensive documentation.

Strategy based on hypothesis validation.

Culture based on team autonomy.

Increases teams’ understanding of the general business context.

12. What happens when teams define which features to develop for the product?

It increases prioritization, productivity and efficiency during Sprint.

There is a risk that non-validated ideas will not be used by customers.

None of the others.

There is a risk of having activity-based OKRs that do not add value.

13. Which of the listed statements are false?

A vision should always be formulated in such a way that it can be achieved one day.

The mission is to be understood as a medium-term thrust with a period of 3-5 years.

Together with the values and the backlog, OKRs form the operational part of the mission statement pyramid.

Values refer in particular to the internal cooperation within the company.

14. Who created the OKRs and who was responsible for disseminating the framework:

Andy Grove created and John Cutler disseminated.

Andy Grove created, and John Doerr disseminated.

Laszlo Bock created, and John Doerr disseminated.

Marty Cagan created, and Andy Grove disseminated.

15. A contractual penalty of 30,000 € is due if a certain product cannot be delivered by the end of the next quarter. However, the project does not fit our new strategy and jeopardizes the success of another project which is essential for our future direction. We expect very good sales from the new project in the long term. What decision would an agile company make?

Adjust the strategy so that both projects are in line with it.

To focus on the old project at first to avoid the penalty and hope not to have missed the new opportunity in 6 months.

Accept the penalty and focus on the project that promises greater long-term value.

Try to complete the project somehow to avoid the corresponding penalty. At the same time, try to implement the new project somehow to consolidate and expand our future position. "Somehow it works out!"

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