Find Interview Questions for CETAS Information Technology

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A product backlog is a prioritized list of features, bug fixes, tasks, and requirements needed to build a product. It's managed through regular refinement, prioritization, estimation, and updates based on feedback and changing business needs, often facilitated by the Product Owner.

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During a sprint, I generally avoid scope creep. If a change request is small and doesn't impact the sprint goal, the team can discuss and decide if it can be included. If the change is significant, it goes into the product backlog to be prioritized for a future sprint.

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Kanban focuses on visualizing workflow, limiting work in progress (WIP), and continuous flow. Scrum uses time-boxed iterations (sprints) with specific roles (Scrum Master, Product Owner, Development Team) and events (sprint planning, daily scrum, sprint review, sprint retrospective).

Use Kanban when you need continuous delivery, have evolving priorities, and want to improve workflow incrementally. Use Scrum when you need structured development with fixed-length iterations, have clear goals for each iteration, and benefit from team collaboration with defined roles.

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**Benefits:** Faster time to market, reduced risk, improved quality, faster feedback, happier teams.

**Challenges:** Requires high automation, strong collaboration, cultural shift, investment in infrastructure, and robust testing.

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Agile is an iterative and incremental approach to project management that focuses on collaboration, flexibility, and customer satisfaction. Unlike traditional, sequential (waterfall) methods, Agile embraces change throughout the project lifecycle through short development cycles called sprints.

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Working capital is the difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.

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BRD (Business Requirements Document) outlines the high-level business needs and objectives. SRS (Software Requirements Specification) details the functional and non-functional requirements for the software. Use Case documents describe specific interactions between users and the system to achieve particular goals.

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Yes, banks face significant challenges from money laundering when attracting deposits. Money laundering can lead to reputational damage, regulatory penalties, and financial losses. Banks must implement strict compliance measures and due diligence processes to detect and prevent illicit activities, which can complicate their efforts to attract legitimate deposits.

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**CFD (Context Flow Diagram)**: A high-level diagram that shows the flow of information between external entities and the system, helping to define system boundaries and interactions.

**DFD (Data Flow Diagram)**: A visual representation that illustrates how data moves through a system, detailing processes, data stores, and data flows, typically used to analyze and design systems.

**Functional Documentation**: A comprehensive document that outlines the functionalities of a system, including requirements, use cases, and specifications, serving as a guide for development and testing.

Right Answer:
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