SAFe Agile Lean Portfolio Manager (5.1)
Questions And Answers Solved 100%
Correct!!
Three essential collaborations of LPM CORRECT ANSWERS 1. Strategy and investment funding
2. Agile portfolio operations
3. Lean governance
How does the LPM Competency align strategy with execution CORRECT ANSWERS By applying Lean and systems thinking approaches
to strategy and investment funding, Agile portfolio
operations, and governance.
What are the seven core competencies? CORRECT ANSWERS Organization Agility
Lean Portfolio Management
Agile Product Delivery
Team and Technical Agility
Continuous Learning Culture
Enterprise Solution Delivery
Lean-Agile Leadership
What are the two primary aspects of a Lean-Agile Mindset CORRECT ANSWERS Thinking Lean with the SAFE House of Lean
Embracing Agility with the Agile Manifesto
What are the components of the SAFE House of Lean? CORRECT ANSWERS Respect
for people and culture
Flow
Innovation
Relentless Improvement
What are the 4 components of the Agile Manifesto? CORRECT ANSWERS Individuals and interactions over process and tools
Working software over comprehensive documentation
Customer collaboration over contract negotiation
Responding to change over following a plan
Which lean-agile principles apply to the Lean Portfolio Management? CORRECT ANSWERS Take an economic view
Base milestones on objective evaluation of working systems
Visualize and limit WIP, reduce batch sizes and manage queue lengths
Decentralize decision-making Organize around value
What are the components of take an economic view? CORRECT ANSWERS Delivery early and often
Operate within Lean Budgets and Guardrails
Understand economic trade-offs for Solutions
Leverage Suppliers
Sequence Jobs (Epics) for maximum benefit
Empower local decision-making
How do you calculate WSJF? CORRECT ANSWERS Cost of Delay divided by the Job Duration (Job Size)
What are PI System Demos used for? CORRECT ANSWERS Deliver objective progress, product, and process metrics
What are the three keys to implementing flow to visualize and limit WIP? CORRECT ANSWERS Visualize and limit the amount of WIP to match demand to actual capacity
Reduce the batch sizes of work.
Manage queue lengths to decrease delays, reduce waste, and improve predictability of outcomes
Which decisions should be centralized? CORRECT ANSWERS Infrequent, long lasting,
and have significant economies of scale?
Which decisions should be decentralized? CORRECT ANSWERS Frequent, short term,
and closer to where work is performed
How do Lean Budget Guardrails help decentralize decision making? CORRECT ANSWERS Create alignment for decentralized decisions with appropriate controls
What are the elements of Lean Agile Leadership? CORRECT ANSWERS Core Values
Lean-Agile Mindset
SAFE Principles
Implementation Roadmap
SPC (SAFE Program Consultant)
What are the results of project cost center budgets? CORRECT ANSWERS Slow, complex budgeting process
Leads to utilization-based planning and execution
Low program throughput
Moves the people to the work
What are three challenges to functional silos? CORRECT ANSWERS Value delivery in silos is inhibited by hand-offs and delays
Political boundaries can prevent cooperation across silos
Questions And Answers Solved 100%
Correct!!
Three essential collaborations of LPM CORRECT ANSWERS 1. Strategy and investment funding
2. Agile portfolio operations
3. Lean governance
How does the LPM Competency align strategy with execution CORRECT ANSWERS By applying Lean and systems thinking approaches
to strategy and investment funding, Agile portfolio
operations, and governance.
What are the seven core competencies? CORRECT ANSWERS Organization Agility
Lean Portfolio Management
Agile Product Delivery
Team and Technical Agility
Continuous Learning Culture
Enterprise Solution Delivery
Lean-Agile Leadership
What are the two primary aspects of a Lean-Agile Mindset CORRECT ANSWERS Thinking Lean with the SAFE House of Lean
Embracing Agility with the Agile Manifesto
What are the components of the SAFE House of Lean? CORRECT ANSWERS Respect
for people and culture
Flow
Innovation
Relentless Improvement
What are the 4 components of the Agile Manifesto? CORRECT ANSWERS Individuals and interactions over process and tools
Working software over comprehensive documentation
Customer collaboration over contract negotiation
Responding to change over following a plan
Which lean-agile principles apply to the Lean Portfolio Management? CORRECT ANSWERS Take an economic view
Base milestones on objective evaluation of working systems
Visualize and limit WIP, reduce batch sizes and manage queue lengths
Decentralize decision-making Organize around value
What are the components of take an economic view? CORRECT ANSWERS Delivery early and often
Operate within Lean Budgets and Guardrails
Understand economic trade-offs for Solutions
Leverage Suppliers
Sequence Jobs (Epics) for maximum benefit
Empower local decision-making
How do you calculate WSJF? CORRECT ANSWERS Cost of Delay divided by the Job Duration (Job Size)
What are PI System Demos used for? CORRECT ANSWERS Deliver objective progress, product, and process metrics
What are the three keys to implementing flow to visualize and limit WIP? CORRECT ANSWERS Visualize and limit the amount of WIP to match demand to actual capacity
Reduce the batch sizes of work.
Manage queue lengths to decrease delays, reduce waste, and improve predictability of outcomes
Which decisions should be centralized? CORRECT ANSWERS Infrequent, long lasting,
and have significant economies of scale?
Which decisions should be decentralized? CORRECT ANSWERS Frequent, short term,
and closer to where work is performed
How do Lean Budget Guardrails help decentralize decision making? CORRECT ANSWERS Create alignment for decentralized decisions with appropriate controls
What are the elements of Lean Agile Leadership? CORRECT ANSWERS Core Values
Lean-Agile Mindset
SAFE Principles
Implementation Roadmap
SPC (SAFE Program Consultant)
What are the results of project cost center budgets? CORRECT ANSWERS Slow, complex budgeting process
Leads to utilization-based planning and execution
Low program throughput
Moves the people to the work
What are three challenges to functional silos? CORRECT ANSWERS Value delivery in silos is inhibited by hand-offs and delays
Political boundaries can prevent cooperation across silos
