Final answer:
Engaging a Scrum team in planning and feedback helps mitigate the risks of schedule slippage, poor task prioritization, and project failure by establishing realistic timelines, managing competing priorities, and avoiding poor design decisions that can threaten project success.
Step-by-step explanation:
Involving a Scrum team in planning and estimating task times and providing early feedback on delivery velocity helps mitigate the risk of schedule slippage, poor task prioritization, and potential project failure. By engaging the team in the planning process, clear timelines are more likely to be realistic and achievable, reflecting the team's actual capacity and expertise. This collaborative approach ensures that all team members are on the same page regarding the project's demands, leading to efficient time management and a reduction in the likelihood of missed deadlines due to competing priorities or unforeseen complexities.
Furthermore, incorporating feedback from the Scrum team helps in making informed decisions early in the project lifecycle, thereby avoiding poor design decisions that could jeopardize the final product. A team's buy-in and participation in the planning and estimating process will not only promote more accurate estimations but will also increase commitment and accountability towards meeting project objectives.
Ultimately, by promoting an environment where team members contribute to planning and estimation, projects are more resilient to changes and better equipped to handle pressure, like budget constraints or tight deadlines, which might arise due to external factors such as market competition or policy changes.