Exam PMI-ACP topic 1 question 70 discussion

Actual exam question from PMI's PMI-ACP

Question #: 70
Topic #: 1

A company is considering developing a new, complex application that will require a large initial investment. However, if successful, the profit potential is high.
When preparing an analysis, what should be used to encourage stakeholders who are concerned about project failure to authorize the initial investment?

A. Calculated planned percent complete (PPC)
B. Many small minimally marketable features (MMFs)
C. Story points rather than cost estimates
D. Calculated earned value (EV)

Show Suggested Answer

Suggested Answer: B 🗳️

by snow5 at Nov. 23, 2020, 9:11 a.m.

Comments

Submit Cancel

Kajaro

Highly Voted 2 years, 10 months ago

B, Agree. I found this source. Many in the agile community have proposed variations on the term MMF, which in many cases alter the intended meaning of the concept. Examples include Minimum Marketable Product and Minimum Releasable Feature. MMF is erroneously equated to MVP. MMF is about delivering value to customers, whereas MVP is about learning more about the ultimate product. An MVP could range anywhere from not having any MMFs, to having a single MMF, to having several MMFs. They are not the same concepts, but both reinforce the idea that we should seek the minimum functionality in order to accomplish a specific outcome. https://www.agilealliance.org/glossary/mmf/#q=~(infinite~false~filters~(postType~(~'post~'aa_book~'aa_event_session~'aa_experience_report~'aa_glossary~'aa_research_paper~'aa_video)~tags~(~'mmf))~searchTerm~'~sort~false~sortDirection~'asc~page~1)

upvoted 7 times

...

Petrevski

Most Recent 8 months, 2 weeks ago

Selected Answer: B

B = correct A minimum marketable feature (MMF) is the smallest set of functionality in a product that must be provided for a customer to recognize any value.

upvoted 2 times

Petrevski

8 months, 2 weeks ago

https://premieragile.com/mmp-vs-mvp-vs-mmf/#:~:text=The%20Minimum%20Marketable%20Product%20is,the%20needs%20of%20the%20customer.

upvoted 1 times

...

Petrevski

8 months, 2 weeks ago

Minimum Viable Product (MVP) helps product teams validate their ideas so it is very basic in terms of functionality and UX. The Minimum Marketable Product (MMP) is ready to be sold, so it is better developed and offers a better overall user experience The MMF is a part of MMP where the self-sustained and small features are identified and integrated into the product. These features are marketable and would satisfy the needs of the customer.

upvoted 1 times

...

Minhha3

8 months, 2 weeks ago

Vote B

upvoted 1 times

...

Smokeyofficiial

9 months ago

Option B. In Agile, the development process is broken down into small, manageable chunks known as minimally marketable features (MMFs). These features are designed to be delivered to the customer as soon as possible, providing value and feedback throughout the development process. When faced with a complex project that requires a large initial investment, using the Agile approach of delivering many small MMFs can help to encourage stakeholders to authorize the investment. By breaking down the project into smaller, more manageable pieces, the risk of failure is reduced, and stakeholders can see progress being made throughout the development process. This can help to build trust and confidence in the project, encouraging stakeholders to continue funding it.

upvoted 3 times

...