Professional Scrum Master I (PSM I)Scrum Theory & PrinciplesMedium
A Scrum Team is working on a product in a highly regulated industry. The Product Owner is constantly bombarded with new regulatory requirements, often mid-Sprint, which significantly impact the current Sprint Goal. This scenario highlights a significant challenge in which area of risk management?
- ARisk Mitigation
- BRisk Monitoring
- CRisk Identification
- DRisk Response Planning
Show answer & explanationAnswer & explanation
Correct answer: D. Risk Response Planning
The constant influx of new regulatory requirements mid-Sprint, despite being identified (A) and potentially monitored (B), indicates a lack of effective 'Risk Response Planning'. The team isn't prepared with pre-defined actions or strategies to handle these frequent, high-impact changes, leading to disruption rather than smooth adaptation.
Why the other options are wrong
- A. While mitigation might be part of the response, 'response planning' encompasses the overall strategy for dealing with identified risks, which is lacking here.
- B. The scenario describes the *impact* of the risks, implying they are being monitored, but not effectively handled.
- C. The risks (new regulations) are clearly identified by their impact, so identification isn't the primary issue.
Risk Response Planning
The process of developing options and actions to enhance opportunities and reduce threats to project objectives.
- Develops strategies for risks.
- Includes avoidance, mitigation, acceptance, transfer.
- Aims to handle risks proactively.
- Crucial for stability in dynamic environments.
Memory trick: Identify, analyze, plan for, and monitor risks to keep the path clear.