Exam (elaborations)
LEAN PORTFOLIO MANAGEMENT (LPM) EXAM QUESTIONS AND ANSWERS 2024
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LEAN PORTFOLIO MANAGEMENT (LPM) EXAM QUESTIONS AND ANSWERS 2024
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LEAN PORTFOLIO MANAGEMENT (LPM)EXAM
What three types of decisions should be centralized? Choose 3
Customer-oriented
Significant economics of scale
Long-lasting
Infrequent
Infrastructure
Highly visible - ANSWERS-Significant economics of scale
Long-lasting
Infrequent
What are two potential challenges or risks to building a lean portfolio
management function? Choose 2
Leading indicators are influencing decisions
Velocity is not normalized across teams and agile release trains
There is a focus on products and services instead of projects
The agile program management office uses traditional projects portfolio
approaches
Phase-gate approval processes are in place - ANSWERS-The agile program
management office uses traditional projects portfolio approaches
,Phase-gate approval processes are in place
What tool would an enterprise use to identify missing lean portfolio management
constructs?
Portfolio kanban
Current state roadmap
Portfolio canvas
Lean business canvas - ANSWERS-Portfolio canvas
What solution are guided by horizon 1?
Solutions that produce significant value without a lot of investment
Solutions whose value is approaching the cost of maintaining the solution
Solutions that have unproven potential
Solutions emerging from Horizon 3 - ANSWERS-Solutions that produce significant
value without a lot of investment
Why must lean portfolio management stakeholders understand capital
expenditure and operational expenditure?
Both may not be present during the same program increment or budget cycle
Capitalizing software development costs can have a material effect on financial
reporting
The total value stream budget minus operating expenses determines capital
spending
, Capital expenses and operating expenses mist be defined by value streams -
ANSWERS-Capitalizing software development costs can have a material effect on
financial reporting
When establishing metrics, what might an organisation focus on from a portfolio
perspective that closely aligns with SAFe principle
Market rhythms
Flow and cycle time
CapEx vs OpEx spending
Cost of delay - ANSWERS-Market rhythms
Which three practices support continuous compliance? Choose 3
Fail compliance early and often
Place accountability for compliance with the system team
Build the solution and compliance incrementally.
Establish the relevant standards and regulations
Apply verification and validation continuously.
Increase the cost of delay associated with compliance - ANSWERS-Build the
solution and compliance incrementally.
Establish the relevant standards and regulations
Apply verification and validation continuously.
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