Certified Scrum Master Practice Test

Which benefit relates to stakeholder engagement in an iterative approach?

1. Reduced time to market

2. Increased cost

3. Improvements in team efficiency

4. Early delivery of value

The correct answer is: Early delivery of value

The benefit of early delivery of value is closely tied to stakeholder engagement in an iterative approach. In Scrum and other agile methodologies, iterative cycles, often called sprints, allow teams to produce functional components of the product at regular intervals. This means stakeholders can see the progress and functionality of the product sooner rather than later. Stakeholder engagement is enhanced because stakeholders are regularly involved in the feedback loop; they have the opportunity to review what has been developed at the end of each iteration. This engagement ensures that the team understands and addresses the stakeholders' needs and expectations, leading to a product that delivers value more quickly. Regular feedback sessions enable the team to pivot or adjust the course of the project based on stakeholder insights, fostering a collaborative environment focused on delivering an end product that is more aligned with stakeholder requirements. In contrast, options like reduced time to market typically relate to broader issues of product development efficiency rather than the specific nuances of stakeholder involvement. Increased cost and improvements in team efficiency do not directly correlate with the iterative approach's effect on engagement and early value delivery for stakeholders. Thus, early delivery of value is the clearest benefit associated with stakeholder engagement in an iterative methodology.