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LEAN PORTFOLIO MANAGEMENT (LPM) QUESTIONS
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LEAN PORTFOLIO MANAGEMENT (LPM) QUESTIONS
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LEAN PORTFOLIO MANAGEMENT (LPM) QUESTIONSWhen 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.
What are three activities supported by lean-agile center of excellence? Choose 3
Identifying value streams
Coaching and training
Establishing metrics
Defining organizational structure
Assigning people to key SAFe roles
Identifying communities of practice - Answers- Identifying value streams
Coaching and training
Establishing metrics
What does a SAFe portfolio manage?
One or more operational value streams
Both operational and development value streams
One or more agile release train value streams
One or more development value streams - Answers- One or more development value
streams
How might an organization ensure compliance at scale?
Implement compliance phase-gates
Perform yearly compliance audits
Validate compliance on cadence
Add compliance resources - Answers- Validate compliance on cadence
What is a business goal that lean portfolio management improves compared to
traditional annual planning processes?
, Budgets are dynamically adjusted
Prioritized portfolio
Deliverable-based plan
Work breakdown structure - Answers- Budgets are dynamically adjusted
What are the three main sections of a portfolio canvas? Choose 3
Resources and activities
Cost structure and revenue streams
Value proposition
Budget allocation and guardrails
Lean portfolio management roles and responsibilities
Agile release train structures - Answers- Resources and activities
Cost structure and revenue streams
Value proposition
Who should be part of the lean portfolio management function?
Finance, business operations, and accounting
Lean portfolio manager, technology business manager and business owners
Enterprise executives, enterprise architects and business owners
Finance, enterprise executives, and lean portfolio management fiduciaries - Answers-
Enterprise executives, enterprise architects and business owners
What is a key input of a current state portfolio canvas?
SWOT analysis
Portfolio vision
Strategic themes
Development value streams - Answers- Strategic themes
What is weighted shortest job first used to identify?
Prioritized smaller jobs
Sequencing for value delivery
Placing dependencies in order
Maximizing resource utilization - Answers- Sequencing for value delivery
How does lean budgeting differ from traditional budgeting?
Annual planning is performed more efficiently
Project governance is leaner and more adaptable
More deterministic planning drives better outcomes
It leverages rolling-wave planning to allocate funds - Answers- It leverages rolling-wave
planning to allocate funds
What two challenges might be encountered when first approaching the transformation of
a portfolio? Choose 2
Dynamically adjusting project budgets
Ignoring sunk cost of current projects
Annual planning and rigid budgeting cycles
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