Professional Scrum Master I (PSM I)Scrum Theory & PrinciplesHard
A Scrum Team is operating in an environment where the requirements are initially vague and change frequently. The team delivers small, iterative increments, frequently seeking feedback from users. This approach helps manage the inherent uncertainty by reducing the impact of potential misinterpretations. Which aspect of Risk Management is this team primarily employing?
- ARisk transfer
- BRisk mitigation
- CRisk acceptance
- DRisk avoidance
Show answer & explanationAnswer & explanation
Correct answer: B. Risk mitigation
Delivering small increments and frequently seeking feedback are strategies to reduce the likelihood and impact of misunderstanding requirements or building the wrong thing. This proactive reduction of risk is known as risk mitigation.
Why the other options are wrong
- A. Risk transfer involves shifting the risk to another party (e.g., insurance), which is not described.
- C. Risk acceptance means acknowledging the risk and taking no action, which is contrary to the team's proactive approach.
- D. Risk avoidance would mean not taking on the project or changing the requirements fundamentally, which is not happening.
Risk Management: Mitigation
Strategies employed to reduce the probability or impact of a given risk. In Scrum, this often involves iterative development, frequent feedback, and early detection of issues.
- Proactive approach to managing risks.
- Aims to lessen severity or likelihood of problems.
- Embodies the Scrum principles of empiricism and adaptation.
Memory trick: Mitigate risks to keep projects on track.