Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 2 out of 14 pages
Exam (elaborations)

LEAN PORTFOLIO MANAGEMENT LPM ACTUAL EXAM SCRIPT 2026 COMPLETE QUESTIONS AND VERIFIED ANSWERS GRADE A+

Document preview thumbnail
Preview 2 out of 14 pages

LEAN PORTFOLIO MANAGEMENT LPM ACTUAL EXAM SCRIPT 2026 COMPLETE QUESTIONS AND VERIFIED ANSWERS GRADE A+

Content preview

LEAN PORTFOLIO MANAGEMENT
LPM ACTUAL EXAM SCRIPT 2026
COMPLETE QUESTIONS AND
VERIFIED ANSWERS GRADE A+
◉ 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. Answer: 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. Answer: A common cadence


◉ What is one disadvantage of project cost accounting?
Utilization-based planning
Promotes innovation
Moves projects to people
Cheaper change control. Answer: 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. Answer: 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. Answer: 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. Answer:
Increases ability to budget the deliverables in the portfolio roadmap

Document information

Uploaded on
April 2, 2026
Number of pages
14
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers
$13.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
GradeGalaxy
4.4
(9)
Sold
130
Followers
3
Items
44308
Last sold
19 hours ago


Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions