The lecture explains the Sprint Review, a Scrum event where the product increment is reviewed, and the product backlog is updated. The entire Scrum team and stakeholders attend to ensure transparency and effective collaboration. The event is time-boxed to four hours, and the Scrum Master ensures it stays within this limit. The product owner highlights completed and pending items, while the development team shares their experiences. Stakeholders provide input on priorities, budgets, and timelines for future releases. The event concludes with an updated product backlog and a better understanding of priorities for the next Sprint.

What new insight or understanding did you gain from this video?