What are the key Scrum Artifacts?

The key Scrum Artifacts are indeed the Increment, Product Backlog, and Sprint Backlog.

The Increment represents the sum of all the Product Backlog items completed during a Sprint and all previous Sprints. It is a critical component as it demonstrates the work that has been completed, aligning with Scrum’s focus on delivering value at the end of each Sprint.

The Product Backlog is a prioritized list of work for the Scrum Team that is derived from the project's requirements. It contains all the desired functionality, enhancements, and bug fixes needed for the product. This artifact is dynamic, meaning it evolves as new needs are found and prioritized.

The Sprint Backlog consists of the items selected from the Product Backlog for the current Sprint, along with a plan for delivering the Increment and achieving the Sprint Goal. It reflects the work the Team commits to in the upcoming Sprint.

Together, these three artifacts ensure transparency and alignment within the Scrum framework, allowing for effective planning and progress tracking throughout the project's lifecycle. The other options do not represent the complete and accurate set of Scrum Artifacts as defined in the Scrum Guide, which reinforces the value and importance of the elements included in the correct answer.