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Exam (elaborations)

BUSI 408 Exam 1 Study Guide | Practice Questions & Key Concepts

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Prepare effectively for BUSI 408 Exam 1 with this focused study guide covering key concepts, exam-relevant topics, and practice questions. Designed to help students review efficiently, strengthen understanding, and build confidence for Exam 1 success. Ideal for structured study and reliable exam preparation.

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Institution
BUSI 408
Course
BUSI 408

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Uploaded on
December 15, 2025
Number of pages
7
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

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BUSI 408 Exam 1 Questions & Answers
1. Value individuals more than processes.
The 4 core values of the agile 2. Value working software more than documentation.
manifesto: 3. Value customer collaboration more than negotiation.
4. Value response to change over following a plan.

Classify by Industry, Size, Timing of project scope clarity, and
4 ways to classify projects
Application




a set of conditions that the software must meet in order to satisfy
Acceptance criteria
the customer

a process of identifying skill requirements for a project and
Acquire project team acquiring human resources that possess those skills based on their
availability to work on project assignments.

An iterative approach to delivering a project throughout its life
Agile
cycle

Are composed of several iterations or incremental steps towards
Agile Life Cycles
the completion of a project

A factor in the planning process considered to be true, real, or
Assumptions
certain, without proof or demonstration

A collection of the factors in the planning process considered to
Assumptions log
be true, real, or certain, without proof or demonstration

A documented economic feasibility study used to establish validity
of the benefits of a selected component lacking sufficient
business case
definition and that is used as a basis for the authorization of further
project management activities

Closing formally complete or close project

All qualified team members are responsible for product, and all
Collective ownership
can change it.

Co-location placing multiple resources in a single location

a practice where the team agrees to complete the work in a
Commitment
specified period.

a practice that agile team members commit to the prioritized work
Commit to work at the start of the sprint and then fully completing it at its
conclusion.

A factor that limits the options for managing a project, program,
Constraint
portfolio, or process

Continued Viability Variation in output sustained over a period of measurement.

A financial analysis tool used to determine the benefits provided
Cost-benefit Management
by a project against its costs

Tell the truth, work together, adapt to changes, question status
Courage
quo, have difficult conversations

Customer a person or organization that buys goods or services

, BUSI 408 Exam 1 Questions & Answers
the practice of establishing expectations based on customer
Customer driven-value
needs

the practice of giving priority to customer defined needs,
Customer prioritization
effectively and consistently prioritizing the requirements

a practice where a decision is not made so that the project can
continue but it is agreed that the decision will be made in a
Defer decisions
specified time, example tomorrow's scrum meeting, end of day,
Monday scrum meeting.

A team's checklist of all the criteria required to be met so that a
Definition of done
deliverable can be considered ready for customer use.

Any unique and verifiable product, result, or capability to perform
Deliverable a service that is produced to complete a process, phase, or
project.

Safe environment in which different team members informally take
Developmental leadership on leadership roles at different times and are supported by team
members and other stakeholders

the process of defining roles and responsibilities, improving
competencies, working productively at individual and team levels,
Develop project team
and improving the work environment to improve the team and
project performance.

Duration a period of time or other measure (iteration, timebox, increment).

Eat your dessert first early value delivery

A design that is constructed as it evolves as opposed to the usual
upfront process of design. With emergent design, a development
Emergent Design
organization starts delivering functionality and lets the design
emerge

knowledge comes from experience and decisions should be
Empiricism
based on what is known.

Epic or epic stories are defined as large user stories that, in their
current state, would be difficult to estimate or to complete in a
Epic
single iteration. Epic stories are typically lower priority and are
waiting be broken down into smaller components

Executing complete the work defined to satisfy project specifications

a procedure carried out to support or refute a hypothesis for
Experimentation
testing.

They organize the work of similar people (people performing a
Functional Managers
given function). They hand off their deliverables to another group.

An organizational structure in which staff is grouped by areas of
Functional Organization specialization and the project manager has limited authority to
assign work and apply resources.

human capital who are very good at one thing, but also competent
Generalized specialists
at a wide variety of work

teachable abilities or skill sets that are easy to quantify. Typically,
Hard Skills you'll learn hard skills in the classroom, through books or other
training materials, or on the job.

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