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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?
✔Correct Answer-All investments required to conceive, develop, operate and maintain the
product
What best describes the relationship of the Product Owner and the stakeholders? ✔Correct
Answer-The Product Owner actively asks for stakeholder input and expectations to process into
the Product Backlog.
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? ✔Correct Answer-
Release an Increment to the market to learn about the business assumptions built into the
product.
When can the Product Backlog be updated? ✔Correct Answer-At any time when done by the
Product Owner or at the Product Owner's discretion
How important is it for a Product Owner to order Product Backlog items by value points?
✔Correct Answer-It is a good practice, keeping in mind that market reception is the best
measure of value.
What are two typical activities for a Product Owner in a Sprint? ✔Correct Answer--Work with
the Development Team on Product Backlog refinement.
-Collaborate with stakeholders, user communities, and subject matter experts.
True or False: The Scrum Team should choose at least one high priority process improvement,
identified during the Sprint Retrospective, and place it in the Product Backlog. ✔Correct
Answer-False
True or False: The value delivered by a product can only be determined by revenue. ✔Correct
Answer-False
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? ✔Correct 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.
,What two things should be done if the Product Owner is unavailable? ✔Correct Answer--
Within the Sprint, the Development Team makes the best decisions possible to assure progress
toward the Sprint Goal, re-aligning with the Product Owner once he/she is available again.
-In a permanent state of unavailability, a new Product Owner needs to be appointed.
Development efforts without a Product Owner are not employing Scrum.
It is mandatory for the Product Owner to monitor and share progress of the Product Backlog by
using which method? ✔Correct Answer-Any practice based on trends of work completed and
upcoming work
The Product Owner's authority to change and update the Product Backlog is unlimited, except
for: ✔Correct Answer-Nothing. The entire organization must respect a Product Owner's
decisions.
To what extent does technical debt limit the value a Product Owner can get from a product?
✔Correct Answer--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.
True or False: The Sprint Review is the only time at which stakeholder feedback is taken into
account. ✔Correct Answer-False
True or False: A Product Owner is essentially the same thing as a traditional Project Manager?
✔Correct Answer-False
Which two statements explain why the definition of "Done" is important to the Product Owner?
✔Correct Answer--It assures the Increment reviewed at the Sprint review is usable so the
Product Owner may choose to release it.
-It creates transparency regarding progress within the Scrum Team.
What is the Product Owner accountable for in Scrum? ✔Correct Answer-Clearly expressing a
Product Backlog that maximizes value and represents the needs of the stakeholders
How does an organization know that a product built through Scrum is successful? ✔Correct
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? ✔Correct
Answer--The order of the Product Backlog
-Validating assumptions of value through frequent releases
, What variables should a Product Owner consider when ordering the Product Backlog?
✔Correct Answer-Whatever is most appropriate for the Product Owner to achieve the product's
goals and to optimize the value received
How can a Product Owner use time-boxed Sprints to obtain feedback from users and the
market? ✔Correct Answer-Through frequent delivery of Increments of the product into the
market.
The Product Owner manages the Product Backlog. Who is accountable for estimating the effort
to complete the Product Backlog items? ✔Correct 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? ✔Correct Answer-It is
mandatory. The Sprint Retrospective is an opportunity for the Scrum Team to assess its
performance and improve itself.
Which description best fits the role of the Product Owner? ✔Correct Answer-Value Maximizer
Who creates the definition of "Done"? ✔Correct Answer-The development organization (or
Development Team if none is available from the development organization)
A Product Owner is entitled to postpone the start of a new Sprint after the conclusion of a
previous Sprint for the following reason: ✔Correct Answer-There is no acceptable reason. A
new Sprint starts immediately after the conclusion of the previous Sprint.
What is a Product Backlog? ✔Correct 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? ✔Correct
Answer-There are no such pre-conditions
What two phrases best describe the relationship of the Product Owner and the Development
Team? ✔Correct Answer--They collaborate often so the Product Owner can make informed
decisions in balancing effort and value of Product Backlog items.
-They collaborate often so the Development Team builds Increments keeping end-user and
stakeholder concerns in mind.
Who is responsible for managing the Product Backlog? ✔Correct Answer-The Product Owner
Select the two focus areas that are not considered in executing Value Driven Development by
the Product Owner. ✔Correct Answer--Coach of the Development Team in self-organization
and cross-functionality
-Remover of impediments to the Development Team's progress