In order to make investment decisions, the Product Owner is likely to look at the Total
Cost of Ownership (TCO) of the product being built. What costs will a Product Owner
take into account? - Answers -All investments required to conceive, develop, operate
and maintain the product; The owner of a product is not only accountable for
development and release of a product, but also the cost of maintaining and operating
the product. If a person 'owns' the product, he/she can be expected to be responsible
for the complete life cycle of a product.
The Scrum Team should choose at least one high priority process improvement,
identified during the Sprint Retrospective, and place it in the Product Backlog. - Answers
-False, to ensure continuous improvement, the Sprint Backlog rather than the Product
Backlog includes at least one high priority process improvement identified in the
previous Sprint Retrospective meeting.
When can the Product Backlog be updated? - Answers -At any time when done by the
Product Owner or at the Product Owner's discretion
The process of regular inspection and adaptation employs knowledgeable and skilled
inspectors. What are two ways in which the Product Owner takes the lead in the
inspection process? - Answers -The Product Owner invites stakeholders to the Sprint
Review to learn how the current state of the marketplace influences what is the most
valuable thing to do next.
At the Sprint Review the Product Owner shares the current state of Product Backlog,
which, combined with the inspection of the Increment, leads to an updated Product
Backlog.
How does an organization know that a product built through Scrum is successful? -
Answers -By releasing often, and updating key performance indicators (KPIs) on value
after every release and feeding this information back into work on the Product Backlog
Which two statements explain why the definition of "Done" is important to the Product
Owner? - Answers -It creates transparency regarding progress within the Scrum Team.
It assures the Increment reviewed at the Sprint review is usable so the Product Owner
may choose to release it.
Who creates the definition of "Done"? - Answers -The development organization (or
Development Team if none is available from the development organization);
, If the definition of "done" is part of the conventions, standards or guidelines of the
development organization, all Scrum Teams must follow it as a minimum. The
Development Team of the Scrum Team can complement it with elements specific for
the product or context.
A Product Owner is entitled to postpone the start of a new Sprint after the conclusion of
a previous Sprint for the following reason: - Answers -There is no acceptable reason. A
new Sprint starts immediately after the conclusion of the previous Sprint.
A Product Owner is essentially the same thing as a traditional Project Manager? -
Answers -False
The value delivered by a product can only be determined by revenue. - Answers -False;
Value is likely to vary across products and organizations.
What is the Product Owner accountable for in Scrum? - Answers -Clearly expressing a
Product Backlog that maximizes value and represents the needs of the stakeholders
The Product Owner manages the Product Backlog. Who is accountable for estimating
the effort to complete the Product Backlog items? - Answers -The Development Team.
As a collective, they have a complete view of the work needed to transform Product
Backlog items into Increments of product.
The Product Owner's authority to change and update the Product Backlog is unlimited,
except for: - Answers -Nothing. The entire organization must respect a Product Owner's
decisions.
Learning turns into 'validated learning' when assumptions and goals can be assessed
through results. What is a key way for a Product Owner to apply validated learning? -
Answers -Release an Increment to the market to learn about the business assumptions
built into the product.;
The Product Owner manages Product Backlog against the assumption that value will
be generated. This assumption remains invalidated when not checked against users
and market.
The Sprint Review is the only time at which stakeholder feedback is taken into account.
- Answers -False
To what extent does technical debt limit the value a Product Owner can get from a
product? - Answers -Technical debt causes a greater percentage of the product's
budget to be spent on maintenance of the product.
The velocity at which new functionality can be created is reduced when you have
technical debt.
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