Agile Risks, Problems and Resolutions Flashcards
Fill in the blanks:
According to the PMI Risk is defined as “an __________ event or condition that if it occurs, has a __________ or ___________ effect on a project’s objectives.
Uncertain
Positive
Negative
The dual nature of risk means that there are negative risks, or _________ and positive risks or ____________.
Threats
Opportunities
True or false: Risks happen in the moment and can be foreseen.
False. Risks happen in the future and can be foreseen or unforeseen.
The three characteristics of risk that follow the acronym PIE are:
P: Probability (likelihood to occur)
I: Impact (the effect on the project if it occurs)
E: Event the identification of the risk.
Define uncertainty.
Something that nobody can predict or guarantee.
What is the PMI’s definition of a project?
A Project is a temporary endeavor undertaken to create a unique product, service or result. It is inherently more risk than day to day work.
True or False:
Uncertainty and Information are inversely related.
True. As information increases, uncertainty decreases.
According to the authors Marco and Delister, the five core risks common to most projects are:
- Intrinsic schedule flaw (estimates that are wrong/not feasible)
- Specification Breakdown (failure to achieve consensus on what to build).
- Scope Creep
- Personnel Loss
- Productivity Variation (difference between planned and actual results)
True or False:
Agile organically addresses risk of intrinsic schedule flaw through short iterations, incremental delivery and relative sizing.
True.
True or False:
Agile organically addresses the risk of specification breakdown by stakeholder collaboration and detailed lists of requirements.
False: It addresses the risk of specification breakdown through customer collaboration and prioritized user stories.
Fill in the blanks:
Agile organically addresses the risk of scope creep by ________________ and ________________ planning events and product centric testing and product demoing.
Release
Iteration
Fill in the blanks:
Agile organically addresses the risk of personnel loss by using ___________ _______________ teams, ____________ ________________________________, and ___________ ________________.
Engaged, self-organized
Collective Ownership
Sustainable pace.
True or False:
Agile organically addresses the risk of productivity variation by using process-centric events like retrospectives, daily stand-ups, team velocity, and burn-up and burn-down charts.
True.
How does agile planning help to identify risk?
All stages (Product Vision, Product Roadmap, Release Planning, Iteration Planning and Stand-up Meeting) provide a line of site to the objectives, help to prioritize requirements and discuss potential and realized risks.
True or False:
Iteration 0 happens after planning the first iteration to address risks that impact or impede an agile project.
False. Iteration 0 happens before planning the first iteration.
Fill in the blanks:
Common Iteration 0 activities include _________ __________, ___________ set up, ____________ set up, _________ , _________ practice and any training.
Product Vision
Environmental set up
Team Set-up
Investigations
Agile Practice
What is Iteration H?
Iteration H is called the hardening iteration, and it is employed as a risk mitigation to stabilize and solidify the final shippable product.
True or False:
Common iteration H activities may include:
Final Integration tests
Load testing
Fixes
Environment setup
Rollout activities
Documentation
Training
True.
A spike in Agile is a time-boxed research activity used to explore and gather information about a specific issue or uncertainty in the project. True or False?
True
The outcome of a spike should always be a working product increment. True or False?
False (The outcome of a spike is typically knowledge or understanding, not a working product increment.)
When is a spike performed?
During set up or “iteration 0”, or during the project.
The two common types of spikes are _________ __________ and ________ ________.
Architectural spike (e.g., proof of concept)
Risk-based (e.g., proof of technology).
What is the primary purpose of an MVP in Agile?
A) To create a fully functional product
B) To release a product as quickly as possible with minimal features to gather user feedback
C) To ensure the product has all the features needed for final release
D) To test the product’s marketing strategy
B
Which of the following is NOT typically included in an MVP?
A) Basic core functionality
B) User feedback collection
C) All possible features planned for the final version
D) Early adopter engagement
C
