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Exam (elaborations)

PSPO 1 exam with correct answers

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  • Course
  • PSPO I
  • Institution
  • PSPO I

PSPO 1 exam with correct answers

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  • August 17, 2024
  • 26
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • PSPO I
  • PSPO I
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Schoolplug
PSPO 1 exam with correct answers

In order to make investment decisions, the Product Owner is likely to look at the Total Cost of
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Ownership (TCO) of the product being built. What costs will a Product Owner take into
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account? - ANSWER: ➡ All investments required to conceive, develop, operate and maintain
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the product
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What best describes the relationship of the Product Owner and the stakeholders? - ANSWER:
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➡ The Product Owner actively asks for stakeholder input and expectations to process into the
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Product Backlog.
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Learning turns into 'validated learning' when assumptions and goals can be assessed through
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results. What is a key way for a Product Owner to apply validated learning? - ANSWER: ➡
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Release an Increment to the market to learn about the business assumptions built into the
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product.
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When can the Product Backlog be updated? - ANSWER: ➡ At any time when done by the
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Product Owner or at the Product Owner's discretion
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How important is it for a Product Owner to order Product Backlog items by value points? -
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ANSWER: ➡ It is a good practice, keeping in mind that market reception is the best measure of
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value.
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What are two typical activities for a Product Owner in a Sprint? - ANSWER: ➡ -Work with the
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Development Team on Product Backlog refinement.
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-Collaborate with stakeholders, user communities, and subject matter experts.
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True or False: The Scrum Team should choose at least one high priority process improvement,
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identified during the Sprint Retrospective, and place it in the Product Backlog. - ANSWER: ➡
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False
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,True or False: The value delivered by a product can only be determined by revenue. - ANSWER:
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➡ False
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The process of regular inspection and adaptation employs knowledgeable and skilled
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inspectors. What are two ways in which the Product Owner takes the lead in the inspection
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process? - ANSWER: ➡ -At the Sprint Review the Product Owner shares the current state of
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Product Backlog, which, combined with the inspection of the Increment, leads to an updated
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Product Backlog.
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-The Product Owner invites stakeholders to the Sprint Review to learn how the current state of
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the marketplace influences what is the most valuable thing to do next.
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What two things should be done if the Product Owner is unavailable? - ANSWER: ➡ -Within
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the Sprint, the Development Team makes the best decisions possible to assure progress
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toward the Sprint Goal, re-aligning with the Product Owner once he/she is available again.
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-In a permanent state of unavailability, a new Product Owner needs to be appointed.
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Development efforts without a Product Owner are not employing Scrum.
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It is mandatory for the Product Owner to monitor and share progress of the Product Backlog by
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using which method? - ANSWER: ➡ Any practice based on trends of work completed and
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upcoming work
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The Product Owner's authority to change and update the Product Backlog is unlimited, except
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for: - ANSWER: ➡ Nothing. The entire organization must respect a Product Owner's decisions.
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To what extent does technical debt limit the value a Product Owner can get from a product? -
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ANSWER: ➡ -Technical debt causes a greater percentage of the product's budget to be spent
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on maintenance of the product.
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-The velocity at which new functionality can be created is reduced when you have technical
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debt.
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True or False: The Sprint Review is the only time at which stakeholder feedback is taken into
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account. - ANSWER: ➡ False
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, True or False: A Product Owner is essentially the same thing as a traditional Project Manager? -
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ANSWER: ➡ False
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Which two statements explain why the definition of "Done" is important to the Product
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Owner? - ANSWER: ➡ -It assures the Increment reviewed at the Sprint review is usable so the
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Product Owner may choose to release it.
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-It creates transparency regarding progress within the Scrum Team.
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What is the Product Owner accountable for in Scrum? - ANSWER: ➡ Clearly expressing a
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Product Backlog that maximizes value and represents the needs of the stakeholders
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How does an organization know that a product built through Scrum is successful? - ANSWER:
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➡ By releasing often, and updating key performance indicators (KPIs) on value after every
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release and feeding this information back into work on the Product Backlog
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What two things best help the Product Owner manage the value of a product? - ANSWER: ➡ -
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The order of the Product Backlog
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-Validating assumptions of value through frequent releases g g g g g g




What variables should a Product Owner consider when ordering the Product Backlog? -
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ANSWER: ➡ Whatever is most appropriate for the Product Owner to achieve the product's
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goals and to optimize the value received
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How can a Product Owner use time-boxed Sprints to obtain feedback from users and the
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market? - ANSWER: ➡ Through frequent delivery of Increments of the product into the
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market.
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The Product Owner manages the Product Backlog. Who is accountable for estimating the effort
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to complete the Product Backlog items? - ANSWER: ➡ The Development Team. As a collective,
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they have a complete view of the work needed to transform Product Backlog items into
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Increments of product.
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