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?
(choose the best answer)
A. All investments required to conceive, develop, operate and maintain the product
B. The accumulated cost over the earned value of the product
C. The money spent on development of the product, often a fixed cost per Sprint multiplied by the Sprints required

What is the Product Owner accountable for in Scrum?
(choose the best answer)
A. Describing an Increment at the Sprint Planning and make sure that the Developers deliver it by the end of the Sprint.
B. Creating and sustaining a Product Backlog that maximizes value and represents the needs of the stakeholders.
C. Writing the User Stories so they are understandable to stakeholders.
D. Refining the top level Product Backlog items until they are ready to be handed over to the Developers.

How does an organization know that a product built through Scrum is successful?
(choose the best answer)
A. By measuring the actual time spent on development versus the time estimated for development
B. By measuring that velocity has increased since the last release
C. By the Product Owner and stakeholders accepting the Increment at the Sprint Review
D. 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

The Product Owner manages the Product Backlog. Who is accountable for estimating the effort to complete the Product Backlog items?
(choose the best answer)
A. The Developers. As a collective, they have a complete view of the work needed to transform Product Backlog items into Increments of product.
B. The PMO. They have all the history on projects delivered, and this enables the IT department to make delivery commitments.
C. The Product Owner. The Product Owner is required to commit on delivery to the users and the stakeholders.

Which approach is best for Scrum Teams in order to produce valuable Increments?
(choose the best answer)
A. Each Scrum Team is accountable for developing functionality from beginning to end.
B. Each Developer works only on the component where they feel they can contribute.
C. Each Scrum Member works only as an independent layer of the system.
D. Each Scrum Team works on an independent set of components.

What two things best help the Product Owner manage the value of a product?
(choose the best two answers)
A. Validating assumptions of value through frequent releases
B. Setting value on individual Product Backlog items using Value Poker
C. The order of the Product Backlog
D. Devising a formula for a neutral calculation of value