Product Owner Open
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?
) All investments required to conceive, develop, operate and maintain the product
How important is it for a Product Owner to order Product Backlog items by value points?
A) It is a good practice, keeping in mind that market reception is the best measure of value.
What best describes the relationship of the Product Owner and the stakeholders?
A) The Product Owner actively asks for stakeholder input and expectations to process into the Product Backlog.
What two phrases best describe the relationship of the Product Owner and the Development Team?
A) They collaborate often so the Development Team builds Increments keeping end-user and stakeholder concerns in mind. E) They collaborate often so the Product Owner can make informed decisions in balancing effort and value of Product Backlog items.
The Scrum Team should choose at least one high priority process improvement, identified during the Sprint Retrospective, and place it in the Product Backlog.
B) False
What two things best help the Product Owner manage the value of a product?
B) Validating assumptions of value through frequent releases C) The order of the Product Backlog
What is the Product Owner accountable for in Scrum?
C) Clearly expressing a Product Backlog that maximizes value and represents the needs of the stakeholders
Must the Product Owner be present at the Sprint Retrospective?
C) It is mandatory. The Sprint Retrospective is an opportunity for the Scrum Team to assess its performance and improve itself.
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?
C) Re-negotiate the selected Product Backlog items with the Development Team to meet the Sprint Goal.
How can a Product Owner use time-boxed Sprints to obtain feedback from users and the market?
C) Through frequent delivery of Increments of the product into the market.
It is mandatory for the Product Owner to monitor and share progress of the Product Backlog by using which method?
D) 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:
D) Nothing. The entire organization must respect a Product Owner's decisions.
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?
D) 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. B) 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 value delivered by a product can only be determined by revenue.
False
Which description best fits the role of the Product Owner?
Value Maximizer