PSPO 1 - Scrum Question Bank Exam Questions with Complete Solutions | 100% Correct

PSPO 1 - Scrum Question Bank Exam Questions with Complete Solutions | 100% Correct To what extent does technical debt limit the value a Product Owner can get from a product? Select two answers. - Answer ️️ -A) Technical debt causes a greater percentage of the product's budget to be spent on maintenance of the product. - Answer B) Technical debt is not a Product Owner concern, because technical debt is only an issue for the Development Team. C) Technical debt does not influence the delivery of value. Correct answer D) The velocity at which new functionality can be created is reduced when you have technical debt - Answer . It is mandatory for the Product Owner to monitor and share progress of Product Backlog through? - Answer ️️ -Any practice based on trends of work completed and upcoming work The Product Owner manages the Product Backlog. Who is accountable for estimating the effort to complete the Product Backlog items? - Answer ️️ -The Development Team. As a collective, they have a complete view of the work needed to transform Product Backlog items into Increments of product. Must the Product Owner be present at the Sprint Retrospective? - Answer ️️ -Must the Product Owner be present at the Sprint Retrospective? How can a Product Owner use time-boxed Sprints to obtain feedback from users and the market? - Answer ️️ -Through frequent delivery of Increments of the product into the market. 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? - Answer ️️ -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. 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. Which description best fits the role of the Product Owner? - Answer ️️ -Value Maximizer The value delivered by a product can only be determined by revenue. - Answer ️️ -False A Product Owner is essentially the same thing as a traditional Project Manager? - Answer ️️ - False It is mandatory for the Product Owner to monitor and share progress of Product Backlog through: - Answer ️️ -Any practice based on trends of work completed and upcoming work Who creates the definition of "Done"? - Answer ️️ -The development organization (or Development Team if none is available from the development organization) What two phrases best describe the relationship of the Product Owner and the Development Team? - Answer ️️ -They collaborate often so the Development Team builds Increments keeping end-user and stakeholder concerns in mind. They collaborate often so the Product Owner can make informed decisions in balancing effort and value of Product Backlog items. How does an organization know that a product built through Scrum is successful? - Answer ️️ -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 What two things best help the Product Owner manage the value of a product? - Answer ️️ -The order of the Product Backlog Validating assumptions of value through frequent releases What is a Product Backlog? - Answer ️️ -It is a living artifact of product requirements that exists and evolves as long as a product exists. What pre-conditions must be fulfilled in order to allow Sprint Planning to begin? - Answer ️️ - There are no such pre-conditions The Development Team finds out during the Sprint that they aren't likely to build everything they forecast. What would you expect a Product Owner to do? - Answer ️️ -Re-negotiate the selected Product Backlog items with the Development Team to meet the Sprint Goal. A first Sprint can start before the Product Owner has a complete and exhaustive Product Backlog in place. - Answer ️️ -True 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? - Answer ️️ -All investments required to conceive, develop, operate and maintain the product The Sprint Review is the only time at which stakeholder feedback is taken into account. - Answer ️️ -False