Scrum PSM-II Exam - Topic 1 Question 3 Discussion

Actual exam question for Scrum's PSM-II exam

Question #: 3
Topic #: 1

In Scrum, how would budgeting and financial forecasting be performed? (Choose two.)

AFrequently inspect the outcomes of the delivered Sprint Increments to understand how much value is being produced per investment spent.

BA single release may be funded with several Sprints where every Sprint is producing shippable increments.

CBudgeting is not necessary as the only funding necessary is the operational costs of the Scrum Teams.

DFixed budgets are not allowed in Scrum.

Show Suggested Answer

Suggested Answer: A, B

The cost of developing, delivering, and sustaining products can impact how the flow of value is managed throughout the life of a product. Each Sprint is an opportunity to inspect the investment (financial, time, effort, etc.) against the returned value (customer satisfaction, revenue, etc.) of the work that has been delivered. The team can then decide on what it should do next to maximize the value of the investment.

by Scarlet at May 04, 2022, 07:08 AM

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Kathrine

4 months ago

D seems a bit extreme, I have my doubts about that.

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Leonor

4 months ago

Wait, are fixed budgets really not allowed?

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Maurine

4 months ago

B is spot on, multiple Sprints can fund a release.

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Leota

4 months ago

I disagree, C makes no sense at all.

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Herminia

4 months ago

A is definitely a key part of Scrum budgeting.

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Laurel

5 months ago

I vaguely recall something about fixed budgets not being a Scrum thing, so D could be correct too.

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Bettye

5 months ago

I feel like C is definitely wrong; budgeting is important, even if it’s just for operational costs.

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Ahmed

5 months ago

I’m not entirely sure, but I think B makes sense since multiple Sprints can contribute to a single release, right?

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Solange

5 months ago

I remember discussing how inspecting Sprint Increments can help with understanding value, so I think A might be one of the answers.

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Georgene

5 months ago

Okay, let me see. I think the notice has to describe the individual's rights, but it doesn't have to include an expiration date or state that the entity can disclose PHI without authorization. I'll go with option D.

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Derick

5 months ago

Hmm, I'm not sure about this one. I'll need to think it through carefully.

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Deangelo

5 months ago

This seems like a straightforward question about the Lean principles. I'm pretty confident I know the answer, but I'll quickly review my notes just to be sure.

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Venita

5 months ago

I'm a little confused by the wording here. What exactly are the "due-diligence oversight requirements" that the health plan would be exempt from? I'll need to make sure I understand that part before answering.

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