Where can I find information about the “Total cost of Ownership (TCO)”?
I’ve been looking a lot where to find an official definition of this concept in scrum org without any success. It’s a question commonly used in pspo 1 exam.
Perhaps it's being left to Product Owners to understand and account for the total cost of ownership, and hence there is no prescription.
A PO may or may not wish to consider, for example:
- the opportunity cost of not investing in new ideas,
- the cost of maintaining an existing product to brand reputation,
- depreciation in equity
- whether a loss might be usefully offset in some way.
What is TCO in Agile?
Total cost of ownership (TCO) is an estimate of the expenses related to a product. This cost can include purchasing, implementing, launching, using, supporting, and retiring the product.
Pay attention to the word estimate.
The PSPO-I knowledge base does not include PSPO , it part of EMB which is next step
If you bump to the question where possible answers are mentioning TCO, its most likely a "trick" question, which set to take you attention away from right answer. So if you find TCO among the possible answers in the assessment or actual test it might be a good idea to not consider this answer option.