LEAN PORTFOLIO MANAGEMENT LPM
QUESTIONS AND ANSWERS 2026
CERTIFICATION STUDY PACK WITH SOLVED
ANSWERS
◉ What do current and future state canvases define? Answer:
Portfolio Vision
◉ What are the benefits of a business model canvas? Answer:
Documents business models of existing or new products
Aligns business and technology to a common language
Provides a shared language to describe and visualize the current and
future business model
◉ How do product horizons align to portfolio activities? Answer:
Horizon 3 - Evaluating
Horizon 2 - Emerging
Horizon 1 - Investing/Extracting
Horizon 0 - Retiring
◉ What is a SWOT analysis? Answer: Establishes an understanding
of portfolio's strengths and weaknesses
,Helps identify the most significant opportunities and potential
threats
◉ How is TOWs used? Answer: Used primarily for identifying
strategic options to create a better future state
SWOT is a great way to uncover current situation
◉ What are the elements of a portfolio vision? Answer: How will our
portfolio of future solutions solve the larger customer problems
How will these solutions differentiate us
What is the future context within which our solutions will operate
What is our current business context and how must we evolve to
meet this future state
"postcard from the future"
◉ What's the purpose of the portfolio roadmap? Answer: Guides the
organization to realize strategic themes
◉ How long is a portfolio roadmap planned for? Answer: 1-3+ years
◉ What is a solution roadmap? Answer: A schedule of events and
milestones that communicate forecasted solution deliverables over a
planning horizon
, Roadmaps guides the development of the solution over its natural
lifecycle in alignment with the portfolio vision
◉ What is the benefit of a portfolio roadmap? Answer: Offers a
comprehensive view across all value streams
Integrates various aspects of lower-level roadmaps
◉ What are the three data points needed to forcast an epic's
duration? Answer: Size in story points for each impacted ART
Historical velocity of impacted ARTs
Percent capacity allocation
◉ What helps identify valuable release windows? Answer: Market
Rhythms and Milestones
◉ Strategy and investment funding ensures Answer: the entire
portfolio is aligned and funded to create and maintain the solutions
needed to meet business targets
◉ What are the two types of epics? Answer: Business epics and
enabler epics
◉ What is needed in an Epic? Answer: Lean business case, definition
of MVP, and Epic Owner, and approval by LPM
QUESTIONS AND ANSWERS 2026
CERTIFICATION STUDY PACK WITH SOLVED
ANSWERS
◉ What do current and future state canvases define? Answer:
Portfolio Vision
◉ What are the benefits of a business model canvas? Answer:
Documents business models of existing or new products
Aligns business and technology to a common language
Provides a shared language to describe and visualize the current and
future business model
◉ How do product horizons align to portfolio activities? Answer:
Horizon 3 - Evaluating
Horizon 2 - Emerging
Horizon 1 - Investing/Extracting
Horizon 0 - Retiring
◉ What is a SWOT analysis? Answer: Establishes an understanding
of portfolio's strengths and weaknesses
,Helps identify the most significant opportunities and potential
threats
◉ How is TOWs used? Answer: Used primarily for identifying
strategic options to create a better future state
SWOT is a great way to uncover current situation
◉ What are the elements of a portfolio vision? Answer: How will our
portfolio of future solutions solve the larger customer problems
How will these solutions differentiate us
What is the future context within which our solutions will operate
What is our current business context and how must we evolve to
meet this future state
"postcard from the future"
◉ What's the purpose of the portfolio roadmap? Answer: Guides the
organization to realize strategic themes
◉ How long is a portfolio roadmap planned for? Answer: 1-3+ years
◉ What is a solution roadmap? Answer: A schedule of events and
milestones that communicate forecasted solution deliverables over a
planning horizon
, Roadmaps guides the development of the solution over its natural
lifecycle in alignment with the portfolio vision
◉ What is the benefit of a portfolio roadmap? Answer: Offers a
comprehensive view across all value streams
Integrates various aspects of lower-level roadmaps
◉ What are the three data points needed to forcast an epic's
duration? Answer: Size in story points for each impacted ART
Historical velocity of impacted ARTs
Percent capacity allocation
◉ What helps identify valuable release windows? Answer: Market
Rhythms and Milestones
◉ Strategy and investment funding ensures Answer: the entire
portfolio is aligned and funded to create and maintain the solutions
needed to meet business targets
◉ What are the two types of epics? Answer: Business epics and
enabler epics
◉ What is needed in an Epic? Answer: Lean business case, definition
of MVP, and Epic Owner, and approval by LPM
