What are the 5 aspects of Scrum?
Organization
Business Justification
Quality
Change
Risk
Who is primarily responsible for achieving max business value?
Product owner
Who is primarily responsible for articulating customer requirements?
Product owner
What proves the worth of project to the stakeholders and provides an opportunity for re-investment?
Early and continuous delivery of value
The ability of deliverables to meet the acceptance criteria and business value is called
Quality
What is requirements churn?
Stakeholders changing their mind about what they want and need throughout the project
What is risk?
An uncertain event that can affect the objectives of the project. They can be opportunities or threats.
When must risk management be conducted?
Risk management must begin at project initiation and continue throughout the project. It must be done proactively.
Value of risk is determined by,
probability x impact