In such cases, the easiest method involves using a social media analytics tool like SocialPilot, which enables you to see the metrics of every major social media platform. Here are a few questions to help identify whether someone should be consulted: Informed: Who should be kept informed about task progress or project decisions? Following the discussion with Uyanga, they identified the context as similar to that of customers looking for the best movie streaming recommendations that are based on personal history, context, and ideas of users with similar content preferences. You need to align with the clients Vice President (VP) of Design, Ria. Select all that apply. Which key component outlines the projects scope? See how Whatfix drives product adoption now! Select all that apply. The table lists each stakeholders level of power or influence as low, medium, or high. According to a recent market assessment, the regions population is expected to double in the next five years. If a stakeholder is interested in both, their overall interest level is likely high. Make the investors adopt the companys project expectations. Which key components outline the resources you will have at your disposal for the project? Analyze, Build and Deliver experiences to application users and drive adoption with the Whatfix Digital Adoption Platform. Adoption is generally a one-time occurrence. Fill in the blank: _____ are items you need to help get the project done. Double the repeat orders from the same quarter last year. The adoption (rate) of cryptocurrencies is an often-stated metric used to assess the prevalence and dissemination of these in economies and jurisdictions globally. Question 3 Knowing your feature adoption rate tells you how well a particular feature resonates with your users. Engagement compliments other business metrics. hamilton mustard capital of the world. There are a dozen deliverables and over 100 tasks. Activity: Assign project roles and responsibi, Service Management: Operations, Strategy, and Information Technology, Operations Management: Sustainability and Supply Chain Management, Information Technology Project Management: Providing Measurable Organizational Value. Q1. Require more detailed bids from the evaluators in writing. The project includes conducting field research and synthesizing results. For example, if you have 100 sign-ups within your designated time frame, but only 50 of them are active, your product adoption rate would be 50%. A. What level of engagement should the team have with the stakeholder? Be sure to address the following elements in your completed RACI chart: Q1. The team members you need to build the landing page include: To build and launch a landing page for Plant Pals, the team needs to accomplish the following tasks: If you dont have a Google account, you can download the exemplar directly from the attachment below.Activity Template_ RACI Chart Phase 2XLSX FileDownload file. Brian Balfour of Reforge has waned that Week 1 engagement"has one of the biggest impacts on your retention over time". Note: Consult slides 3-5 for a demonstration of how to place your stakeholders. For example, a new user signs up for your product, and you count that individual towards your acquisition rate. NPS is an easy way to measure customer satisfaction, but its usually not specific enough as a standalone survey. We and our partners use cookies to Store and/or access information on a device. You expect that a project will bring in $12,000 USD in revenue per year. There are five metrics used in the HEART framework: Happiness. And great management teams know that the 7 Agile Metrics That Matter For Successful . . In the RACI model, which role completes the work for a task or deliverable? You can use it for further practice or in your own personal or professional projects. What step could the company have taken to avoid scope creep? The manufacturer of one of the project deliverables just lost power after a large storm. So if the budget is a constraint, what areas might Ria adjust to reduce project costs? This exam page is currently offline, we already know about this and there is no need to contact us regarding this matter. Q7. Start by reading the scenario: As the project manager of a new project, you decide which scheduling, productivity, collaboration, and work management tools the team will use. Low-interest, low-power stakeholders go toward the lower-left corner, and so forth. Each tab displays one or more of the Project or Resource Adoption Metrics. How will you quantify if you're landing a project at its intended goal? Remember that only one person should be accountable for each task or deliverable. Select all that apply. The table lists each stakeholders level of interest as low, medium, or high. You can use the following formula to find your user onboarding completion rate: Completion rate = # of users who completed onboarding / total # of users who started onboarding. Adoption is an external metric. You can use them to work through your thought processes as you demonstrate your experience to potential employers. Q2. Youre assigned a new project to develop a digital grading platform for a local high school. Based on the nature of the Metrics some tabs will allow the ability to use a pull down menu to select a specific Adoption Metric. In 1-2 sentences, describe how you can use the tool. Q10. Resistance Bands Fitness Workouts. Your Net Promoter Score (NPS) is a customer experience metric that helps predict business growth. A stakeholder talks with two different team members and receives conflicting information on a vendor. Data and, Lets walk through the most important metrics to track for improving your, Daily active users (DAU) or monthly active users (MAU). In 1-2 sentences, describe how you can use the tool. A 20% increase in the amount of tasks completed. the most common User Engagement Metrics, like DAU, WAU, MAU, the DAU/MAU Ratio, Day 1, Day 7, & Day 30 User Retention. You can view them by choosing the tab on top of the report page. User Engagement leads to Retention, so if you want a strategy for Customer Retention, go here. Q5. But after signing up, they never log in to your platform or app again. Then record each stakeholders level of power or influence as high (H), medium (M), or low (L) in the Power or Influence column. You can use it for further practice or in your own personal or professional projects. Which of the following are typical responsibilities of project team members? What are the main uses of scheduling and work management software? Select all that apply. During the process, you create goals that are a little challenging, but also encourage growth. Which of the key components is the projects goal? , A 35% increase of first-time customers. How will you quantify if youre landing a project at its intended goal? They reach value when they start to see a return on their investment. Which of the following scenarios would occur in the landing phase? Tell team members to ignore outside requests that will add project tasks. It can be calculated on a daily, weekly, monthly . Scores between 0-6 are considered Detractors, while scores 9-10 are Promoters and 7-8 are Passives. Required fields are marked *. Investing your time and money into making changes that will improve your user experience is important. Which two of the following are adoption metrics? Step 1: Place stakeholders in the power grid. Hire a different organization to review the project. Copyright 2023 - Networking Funda - All Rights Reserved, Project Initiation: Starting a Successful Project Coursera Quiz Answers, Foundations of Project Management Coursera Quiz Answers 2022. Then you will use a RACI chart to determine each stakeholders relationship to project tasks. Ignore the requests because the project is already underway. Q5. Individual performance metrics revealed in our research include: Adoption metrics. Correct A 35% increase of first-time customers. Scores can range from -100 to 100. Which two of the following are adoption metrics? You must also assign roles and responsibilities for each of the project tasks and identify stakeholders impacted by the project. You can use it for further practice or in your own personal or professional projects. Adoption Rate Adoption rate is the most basic metric of adoption, but it's a useful baseline number to have in your back pocket. Adoption - Offers an all-up summary of adoption trends. Compare it to the project goals of the organizations three closest competitors. Published. Its best to measure product usage frequency during a set period, not necessarily for the entire lifetime of the user. "Higher . This paper examines a . Write 2-3 sentences. A work management software, such as Asana, A productivity tool, such as Microsoft Word. Based on this information, determine how often you should communicate with each stakeholder and what form that communication should take (e.g. A high usage frequency will show you who your best customers are and who might need some additional attention or support to reach the full value of your product. The RACI chart includes all of the project roles from the scenario. Because of this, numerous organizations are apprehensive about switching from the proven to adopting agile. The appropriate individuals are listed as. Adoption is generally a one-time occurrence. Consider the following scenario: The Director of Product requests the project manager to add a new product feature. ExamTopics Materials do not Imagine you are a project manager for a healthcare company. Average Session Duration. New Version GCP Professional Cloud Architect Certificate & Helpful Information, The 5 Most In-Demand Project Management Certifications of 2019. Q8. What details should be in your project charter? Subtract the percentage of Detractors from the percentage of Promoters to find your NPS. Engagement is ongoing. lawry's beverly hills dress code; does google maps avoid bus lanes; list the 17 enlisted man of the coup of 1980 with it position; why is everybody always pickin' on me oldie Finally, be sure to save a blank copy of the RACI chart template you used to complete this activity. Identifying the weak points of your onboarding process will help you create a more engaging system that converts more users. 4. Select all that apply. The Microsoft 365 overview report contains the following reports. Q1. Retention. Step 2: Determine how to engage with stakeholders. You estimate it will cost $5,000 up front. Agile metrics are the quantifiable measures to determine the parameters around the agile project including the quality of work, productivity, progress and level of success of the project and the performance and well being of the Agile team. However, that action varies from platform to platform. Q1. What two s can a project manager ask to determine a projects costs? "Average session time is one of the most telling website engagement metrics and holds great value in understanding how effectively your site meets the intent of users," Kyle Kasharian of 9Sail added. 1 second ago. List at least one type of project management softwarealso called work management toolsto plan, track, and complete work. With your feature adoption rate, you want only to count the total number of active users not your total signups. With the product adoption rate, you can identify how many new sign-ups you need to convince to stay and improve your retention plan accordingly. Value might be achieved after completing an onboarding process, uploading specific data, or actively using the platform for a set amount of time. No. The adoption (rate) of cryptocurrencies is an often-stated metric used to assess the prevalence and dissemination of these in economies and jurisdictions globally. Philippines is a party to the Hague Convention on Protection of Children and Co-operation in Respect of Intercountry Adoption (Hague Adoption Convention or Convention). These templates will be useful as you put together a portfolio of project management artifacts. Write 2-3 sentences. User retention rates. Which of the following demonstrates a project manager keeping the project in scope? Engagement requires less expensive tools. which of the following is an adoption metric? What key s should you consider when deciding who should be informed about a task? During the project weekly meeting, the project manager learns the main vendor will increase the cost of raw materials by 20% due to an international shortage. Which of the following are key components of project initiation? Note: You should gauge each stakeholders level of influence on this project, not within Office Green in general. You will then present the charter to the individuals involved with the project. You also estimate costs of $50 per month for the first 12 months, which equals $600 per year. Review the scenario below. Investing your time and money into making changes that will improve your user experience is important. Durable good B. Q3. Major brands accepting cryptocurrency; Major exchanges users Manage Settings CFA and Chartered Financial Analyst are registered trademarks owned by CFA Institute. 3. You are asked to manage an 8-week project for $800,000 USD. Churn rate is important because it tells you how well youre connecting with your customers and how well youre retaining them. (can only be one answer) Number of followers. www.examtopics.com. Q1. The project must adhere to all government regulations. They dont expect to be in production for one week, delaying the project timeline. Q4. You meet with stakeholders to set an overarching framework of what is and is not included in the project statement of work and deliverables. Moment: How to Find It, Examples, UX Tips, How to Announce New Features to Drive Adoption (+Checklist), 11 Must-Track SaaS Customer Success Metrics (+Measuring Them), 12 Must-Track Customer Retention Metrics for Growth (2023), 13 Best Onboarding Flow Examples for New Users (2023), What Is Feature Discovery? Project managers should follow which three best practices when assigning tasks to complete milestones? Photo by Luke Chesser on Unsplash. Who are the subject matter experts (SMEs) for the task? Then drag the box containing each stakeholders name to the appropriate place in the power grid. Q3. Select all that apply. Question 8) What's a main difference between the adoption and engagement metrics? Write one sentence. You can find insights in the upper right-hand corner of the board, backlog, and deployments view of Jira. They also identify one issue causing a delay is the company and the investors (stakeholders) have different expectations of what the completed project should be. In order to support these city-wide objectives, the Wonder City Transportation Authority (WCTA) will be launching five new bus lines. Select all that apply. For each task, assign the letters R, A, C, and I to the team members involved. When potential customers click on Plant Pals advertisements, the landing page is the first part of the Office Green website they will see. The company hires outside evaluators to review the project. Fill in the blank: Project initiation includes determining resources, documenting key components, and _____. Implement the initial stakeholders requests and then ban all future requests. Double the amount of time participating within an app. on. Have the designer begin to implement the logo design changes immediately. Which type of tool is best for these activities? You can place stakeholders anywhere on the power grideven between quadrants. Engagement compliments other business metrics. You expect the project to take around six months to complete. How will each stakeholder participate in the project? Now go to the second slide of the template: Prioritizing Stakeholders (power grid). To find time-to-first action, you first need to identify what action youre measuring. Community member buy-in and support for the locations of the new bus lines will be required. Look at usage frequency per week, month, or even quarter. Although they might still be considered a user, they havent adopted the product because theyre not using it. houses for rent in longmeadow, ma. , Q5. Determine each stakeholders level of interest and influence, list all the stakeholders the project impacts, and find ways to involve them. Adoption is an external metric. Facebook Consider each stakeholders involvement in the project, as well as any tools (software, hardware, etc. Which of the following are important project management responsibilities? Engagement is an internal metric. List at least one scheduling tool to keep the project on track. The methods used to obtain these measures include surveys, tests, assessments, observation, and performance evaluations. List at least one type of project management softwarealso called work management toolsto plan, track, and complete work. a customer might be a Detractor or Passive. Yes. Select all that apply. Insights give a visual snapshot of the following metrics: Sprint progress Issue type breakdown Sprint commitment Deployment frequency Cycle time Use these metrics to continuously optimize team performance. In this activity, you will use a RACI chart to assign roles and responsibilities to project stakeholders. The appropriate individuals are Responsible, Accountable, Consulted, and Informed. Microsoft 365 usage analytics contains additional adoption metrics related to active users to show adoption of the products over time. Q3. Learn more about driving digital adoption for your organization. User engagement and productivity. Who is invested in task completion, but not directly involved in the work? Each key result should have 2-3 objectives, Goals you believe your team needs to meet and goals the stakeholders believe the team needs to meet, Problems the project managercan easily recognize and problems the project managers cannot recognize, Tasks you believe your team should complete first and tasks the team believes they should complete first. Intercountry adoption processing in Convention countries must be done in accordance with the requirements of the Hague Adoption Convention; the U.S. implementing legislation, the Intercountry Adoption Act of 2000 (IAA); and the . Send out feedback surveys to team members, Ask the clients if theyre happy with the result. With Whatfix, product teams can create in-app NPS prompts as well as other, targeted, in-app user survey prompts with no development support, to collect feedback in real-time. Youve determined that the following people will be involved: To develop and execute the marketing strategy and sales, your team must complete the following tasks: If you dont have a Google account, you can download the template directly from the attachment below.Activity Template_ RACI chart Phase 1XLSX FileDownload file. List at least two productivity and collaboration tools to achieve tasks and better communicate with the team and stakeholders. Fill in the blank: Objectives and Key Results (OKRs) combine both a goal and a _______ to determine a measurable outcome. The position of each stakeholder corresponds to their level of interest and influence in your stakeholder analysis. Use the reports in this section to learn how your users . The interdisciplinary study of the design development, adoption, and application of IT based innovations in the health care industry is called Health informatics High costs of initial acquisition and implementation are seen as common barriers to adopting HIT true What resources do they have that can help project success? You can use them to talk through your thought processes as you demonstrate your experience to potential employers. Multiply that number by 100% to get the engagement rate of your post. Suppose that as a project manager, you speak with stakeholders to determine which tasks the team should complete first. During the process, you ask yourself if a goal is aligned to the organization or the companys goals. For example, if the objective of an educational technology company was to provide products that consistently meet new educational standards, a project objective might be: Successfully launch version 2.0 of our early learning app in time for the national curriculum conference., Next, write at least three key results for your objective next to KR1, KR2, and KR3. (You may add up to five key results for each objective, but only three are required for this activity.). Select all that apply. As an example, lets return to the objective, Successfully launch version 2.0 of our early learning app. If you knew that a successful launch meant getting new users to download the app, you could create any of the following key results for the objective: Remember: OKRs are never set in stonethey can and should be revised as you make progress, so its okay if you need to adjust your key results later on. Q8. Number of customer sign-ups for a subscription. As a project manager, youre prioritizing stakeholders with a power grid. Write one sentence. A high retention rate tells you that youre meeting your customers needs and theyre satisfied with the support youre giving them. In this example, 50% of your sign-ups have not been active and are likely to end their relationship with you. In others, you could leave some cells in your RACI chart blank for certain tasks. Stops along the new bus lines must connect neighboring suburbs to downtown and public resource facilities. What are two potential consequences of a project manager failing to properly initiate a project? Which of the following are examples of key results? The RACI chart includes all of the project roles. Push back the products launch date to allow time for the design to implement changes to the logo. This decision often rests with the executive stakeholder who is the . They are considered project resources. Q1. Decision: Select an enablement strategy that will best support your business outcomes for Microsoft Teams and that can be enabled by your technical implementation team. Engagement is ongoing. Who does the project manager need to get approval from before indicating a Go for the project? As such, the user adoption metrics that matter should. Question 8 Which of the following is an adoption metric? The deliverable to present your projects pre-launch event at a three-day, in-person conference is now an online conference. In some cases, you might choose to inform all stakeholders who arent responsible, accountable, or consulted. In this specific example, you should notify the internal stakeholders, so that they can make decisions about what to do about the changes in the project, while considering the Triple Constraint. The table includes all five stakeholders and groups from the scenario. It goes a step further than just acquisition to encompass activated and retained users. Engagement is ongoing. Q9. The evaluators tell the company that its plan has too many delays and that the company wont be able to complete the project on time. Engagement requires less expensive tools. Which of the following best describes the difference between in-scope and out-of-scope? For example, pageviews make a poor choice. A 20% boost in recurring customer traffic and referrals. Add the four tasks from the scenario to your RACI chart template under the Task/Deliverable heading. number of new users x 100 / number of total users. The next course item will provide you with a completed exemplar to compare to your own work. Q4. Provide a reliable and consistent public transportation service. In 1-2 sentences, describe how you can use each tool. Your email address will not be published. Instead, focus on metrics that help you assess if the adoption is fulfilling your expectations or falling short of them. When you know what actions users take when they first become users, you can build your onboarding program around getting them up to speed faster and improving your time-to-value.
