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NEW QUESTION: 1
Your development team uses Scrum as its process framework and utilizes the Microsoft Framework (MSF) for Agile Software Development 6.0 process template. A new team member who is new to Scrum assumes the role of product owner. You need to help the new product owner prioritize the product backlog. Which basis should you suggest the new product owner use for prioritizing the product backlog?
A. Estimated cost and effort for each requirement.
B. Personal preference.
C. Technical complexity of each requirement.
D. Risk and business value of each requirement.
Answer: D
Explanation:
In other words, it's more important to deliver business value in the form of working software than to follow a plan.
Professional Scrum Development with Microsoft Visual Studio 2012 p.162

NEW QUESTION: 2

A. Stories Overview
B. Test Case Readiness
C. Stories Progress
D. Test Plan Progress
Answer: A
Explanation:
http://msdn.microsoft.com/en-us/library/dd380648.aspx

NEW QUESTION: 3
Which of the following situations are not suitable for applying parametric VaR:
I. Where the portfolio's valuation is linearly dependent upon risk factors II. Where the portfolio consists of non-linear products such as options and large moves are involved III. Where the returns of risk factors are known to be not normally distributed
A. I and III
B. All of the above
C. I and II
D. II and III
Answer: D
Explanation:
Explanation
Parametric VaR relies upon reducing a portfolio's positions to risk factors, and estimating the first order changes in portfolio values from each of the risk factors. This is called the delta approximation approach. Risk factors include stock index values, or the PV01 for interest rate products, or volatility for options. This approach can be quite accurate and computationally efficient if the portfolio comprises products whose value behaves linearly to changes in risk factors. This includes long and short positions in equities, commodities and the like.
However, where non-linear products such as options are involved and large moves in the risk factors are anticipated, a delta approximation based valuation may not give accurate results, and the VaR may be misstated. Therefore in such situations parametric VaR is not advised (unless it is extended to include second and third level sensitivities which can bring its own share of problems).
Parametric VaR also assumes that the returns of risk factors are normally distributed - an assumption that is violated in times of market stress. So if it is known that the risk factor returns are not normally distributed, it is not advisable to use parametric VaR.

NEW QUESTION: 4
The Jira administrator has just created a new project based on the Task management project template Which Jira feature will be available in this project by default?
A. Release Hub
B. Ranking of standard issue types
C. Epic issue type
D. Issue security levels
E. Issue analysis reports
Answer: D

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