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6.0 Lean Portfolio Management (Dec 2023) Exam Questions And Answers

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LPM provides three essential collaborations to realize responsibilities - ANS 1) Strategy and Investments 2) Agile Portfolio Operations 3) Lean Governance Lean Thinking - ANS 1) Precisely specify value by product 2) Identify the Value Stream for each product 3) Make value flow without interruptions 4) Let the Customer pull value from the producer 5) Pursue perfection True or False: LPM is part of the 8 Core Competencies of Business Agility - ANS False: LPM is part of the 7 Core Competencies of Business Agility Agile Values - ANS -individuals and interactions over process and tools -working software over comprehensive documentation -customer collaboration over contract negotiation -responding to change over following a plan What are the 5 Lean Agile Principles critical to LPM - ANS 1) Take an Economic View 5) Base milestones on objective evaluation of working systems 6) Make value flow without interruptions 9) Decentralize decision-making 10) Organize around value

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6.0 LEAN PORTFOLIO
MANAGEMENT (DEC 2023)




K
TEST QUESTIONS AND




C
CORRECT VERIFIED

LO
ANSWERS 100% GUARANTEED
PASS A+ GRADED
YC
D
U
ST

, LPM provides three essential collaborations to realize responsibilities - ANS 1)
Strategy and Investments
2) Agile Portfolio Operations
3) Lean Governance

Lean Thinking - ANS 1) Precisely specify value by product
2) Identify the Value Stream for each product




K
3) Make value flow without interruptions
4) Let the Customer pull value from the producer




C
5) Pursue perfection

True or False: LPM is part of the 8 Core Competencies of Business Agility - ANS




LO
False: LPM is part of the 7 Core Competencies of Business Agility

Agile Values - ANS -individuals and interactions over process and tools
-working software over comprehensive documentation
-customer collaboration over contract negotiation
YC
-responding to change over following a plan

What are the 5 Lean Agile Principles critical to LPM - ANS 1) Take an Economic View
5) Base milestones on objective evaluation of working systems
6) Make value flow without interruptions
D

9) Decentralize decision-making
10) Organize around value
U


Take an Economic View - ANS ► Deliver early and often
► Operate within Lean Budgets
ST




and Guardrails
► Understand economic trade-offs
for Solutions
► Leverage Suppliers
► Sequence jobs (Epics) for
maximum benefit
► Empower local decision-making

Base milestones on objective evaluation of working systems - ANS Base milestones
on objective evaluation of working systems
► Build the system in

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