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What is a key outcome of identifying risks during PBR?

  1. Eliminating all project risks

  2. Creating a risk mitigation plan

  3. Reducing product scope

  4. Improving team morale

The correct answer is: Creating a risk mitigation plan

Identifying risks during Product Backlog Refinement (PBR) is crucial for proactive project management. The primary outcome of this risk identification process is the creation of a risk mitigation plan. This plan outlines strategies to address potential risks that may impact the project, thus ensuring that the team is prepared to handle uncertainties effectively. By understanding the risks involved, the team can prioritize the backlog items more efficiently, anticipate challenges, and allocate resources appropriately. This proactive approach not only aids in managing uncertainties but also enhances the likelihood of project success by addressing issues before they escalate into significant problems. The adoption of a risk mitigation plan fosters a more robust planning framework, thereby giving the team a clear pathway to mitigate the identified risks as the project progresses.