Lean Portfolio Management (LPM) || 100% Accurate Answers.
What is one essential collaboration the Lean Portfolio Management function provides to realize
its responsibilities?
Strategy and investment funding
Participatory budgeting
Developing the Lean business case for Epics
Portfolio sync correct answers Strategy and investment funding
Which of the following is a Lean Thinking principle?
Identify the Value Stream for each product
Sequence jobs for maximum benefit
Establish a decision-making framework
Deliver working software frequently correct answers Identify the Value Stream for each product
Benefits are realized when Agile Release Trains (ARTs) within a value stream are synchronized
to what?
A common cadence
The same Portfolio guardrails
A common deployment pipeline
The same core Epic owners correct answers A common cadence
What is one disadvantage of project cost accounting?
Utilization-based planning
Promotes innovation
Moves projects to people
Cheaper change control correct answers Utilization-based planning
What is an advantage of funding by Value Stream?
It is easier to get budget approvals if a Feature takes longer than expected
It is easier to calculate resource utilization planning for a PI
It is easier to track costs at the project level
It is easier to forecast expenses for a PI correct answers It is easier to get budget approvals if a
Feature takes longer than expected
What must an enterprise do to organize the Portfolio around value?
Move from a project focus to a product and services focus
Organize Agile Release Trains by feature area
Organize Agile Release Trains by platforms and components
Move from a product focus to a solution focus correct answers Move from a project focus to a
product and services focus
What is an advantage of Lean Portfolio Management over traditional budgeting processes?
Increases ability to budget the deliverables in the portfolio roadmap
Provides effective control transparency of budgetary spending
Provides effective financial control over investments with less overhead
Increases ability to adjust the portfolio's annual budget correct answers Increases ability to
budget the deliverables in the portfolio roadmap
, Which group of people has the greatest influence on developing strategic themes?
Business Owners
Value Management Office (VMO)
Epic Owners
Portfolio council correct answers Business Owners
What input helps inform an evolving enterprise strategy?
Portfolio Context
Participatory Budgeting
Portfolio Kanban
Portfolio Canvas correct answers Portfolio Context
Which statement is true about strategic themes?
They link a portfolio to the enterprise strategy
They are derived from objectives and key results (OKRs)
They connect multiple value streams to the portfolio strategy
They provide differentiation of solutions for the portfolio correct answers They link a portfolio to
the enterprise strategy
Objectives and Key Results (OKRs) help support which two Core Values?
Transparency and alignment
Relentless improvement and alignment
Alignment and respect for people
Respect for people and transparency correct answers Transparency and alignment
Which statement is true about identifying opportunities with a SWOT analysis?
It identifies strategic options to create a better future state
It helps identify the Portfolio's strategic themes
It provides input for Lean budgeting
It helps understand the current state of your Value Stream, Solution, or Portfolio correct answers
It identifies strategic options to create a better future state
Why would a single portfolio create multiple portfolio canvases?
To explore multiple future state possibilities
To analyze multiple epics
To account for different funding sources
To account for different value streams correct answers To explore multiple future state
possibilities
Which statement is true about a portfolio roadmap?
It communicates a broader view to enterprise stakeholders
It provides a high-level view of work per quarter
It indicates the interaction across value streams
It forecasts future work in alignment with PI boundaries correct answers It communicates a
broader view to enterprise stakeholders
What is a relevant aspect to consider when developing a portfolio roadmap?
What is one essential collaboration the Lean Portfolio Management function provides to realize
its responsibilities?
Strategy and investment funding
Participatory budgeting
Developing the Lean business case for Epics
Portfolio sync correct answers Strategy and investment funding
Which of the following is a Lean Thinking principle?
Identify the Value Stream for each product
Sequence jobs for maximum benefit
Establish a decision-making framework
Deliver working software frequently correct answers Identify the Value Stream for each product
Benefits are realized when Agile Release Trains (ARTs) within a value stream are synchronized
to what?
A common cadence
The same Portfolio guardrails
A common deployment pipeline
The same core Epic owners correct answers A common cadence
What is one disadvantage of project cost accounting?
Utilization-based planning
Promotes innovation
Moves projects to people
Cheaper change control correct answers Utilization-based planning
What is an advantage of funding by Value Stream?
It is easier to get budget approvals if a Feature takes longer than expected
It is easier to calculate resource utilization planning for a PI
It is easier to track costs at the project level
It is easier to forecast expenses for a PI correct answers It is easier to get budget approvals if a
Feature takes longer than expected
What must an enterprise do to organize the Portfolio around value?
Move from a project focus to a product and services focus
Organize Agile Release Trains by feature area
Organize Agile Release Trains by platforms and components
Move from a product focus to a solution focus correct answers Move from a project focus to a
product and services focus
What is an advantage of Lean Portfolio Management over traditional budgeting processes?
Increases ability to budget the deliverables in the portfolio roadmap
Provides effective control transparency of budgetary spending
Provides effective financial control over investments with less overhead
Increases ability to adjust the portfolio's annual budget correct answers Increases ability to
budget the deliverables in the portfolio roadmap
, Which group of people has the greatest influence on developing strategic themes?
Business Owners
Value Management Office (VMO)
Epic Owners
Portfolio council correct answers Business Owners
What input helps inform an evolving enterprise strategy?
Portfolio Context
Participatory Budgeting
Portfolio Kanban
Portfolio Canvas correct answers Portfolio Context
Which statement is true about strategic themes?
They link a portfolio to the enterprise strategy
They are derived from objectives and key results (OKRs)
They connect multiple value streams to the portfolio strategy
They provide differentiation of solutions for the portfolio correct answers They link a portfolio to
the enterprise strategy
Objectives and Key Results (OKRs) help support which two Core Values?
Transparency and alignment
Relentless improvement and alignment
Alignment and respect for people
Respect for people and transparency correct answers Transparency and alignment
Which statement is true about identifying opportunities with a SWOT analysis?
It identifies strategic options to create a better future state
It helps identify the Portfolio's strategic themes
It provides input for Lean budgeting
It helps understand the current state of your Value Stream, Solution, or Portfolio correct answers
It identifies strategic options to create a better future state
Why would a single portfolio create multiple portfolio canvases?
To explore multiple future state possibilities
To analyze multiple epics
To account for different funding sources
To account for different value streams correct answers To explore multiple future state
possibilities
Which statement is true about a portfolio roadmap?
It communicates a broader view to enterprise stakeholders
It provides a high-level view of work per quarter
It indicates the interaction across value streams
It forecasts future work in alignment with PI boundaries correct answers It communicates a
broader view to enterprise stakeholders
What is a relevant aspect to consider when developing a portfolio roadmap?
