Lean Portfolio Management (LPM) Exam (Recent exam) Fully solved & updated 2026

Lean Portfolio Management (LPM) Exam (Recent exam) Fully solved & updated 2026 To apply estimates for the implementation of portfolio epics and capacity allocation describe budgetary, governance, and spending practices of the portfolio To Which guardrail ensures the future is not starved by over-investing in today, or that near-term opportunities are not missed by pouring too much money into the future? Investment horizons Capacity Allocations Approving significant initiatives Continuous Business Owner engagement Investment horizons Why is it necessary to have continuous business owner engagement? To ensure priorities align with portfolio objectives To define metrics for the ART To ensure that capacity allocation policies are followed To communicate a clear and objective Solution Vision portfolio objectives To ensure priorities align with In addition to alignment, the strategic portfolio review is designed to create what? Awareness of the decisions from the enterprise Excellence in operational delivery Investment guidance with decentralized decisions Conformance to the plan of action communicated Awareness of the decisions from the enterprise Participatory budgeting is used to adjust which budget? Value Stream Portfolio Agile Release Train Agile team Value Stream What is an outcome of participatory budgeting? Adjusted value stream budgets Revised PI schedule Updated strategic themes Approved list of Epics Adjusted value stream budgets Why is it important to adjust value stream budgets over time? To take advantage of emerging opportunities To maximize the return on epic investment To generate cost savings To ensure minimal variance in project budgets opportunities To take advantage of emerging What support does reviewing and validating Portfolio Kanban work-in-progress (WIP) limits provide? Flow Vision Coordination Guardrails Flow Which of the following is a characteristic of the Portfolio Kanban? Work-in-process (WIP) limits promote flow A go/no-go decision is required at every state The Kanban always reflects available capacity A forecast roadmap visualizes a plan of execution Work-in-process (WIP) limits promote flow Which activity occurs when an Epic is in the analyzing state? Create the Lean business case Build the minimum viable product (MVP) Approve the Epic hypothesis statement Refine the Epic hypothesis statement Create the Lean business case What is the purpose of a minimum viable product (MVP) for an epic? To prove a business outcome hypothesis To build and deliver a solution To avoid creating an epic that nobody wants To address a need for the customer To prove a business outcome hypothesis In which state of the Portfolio Kanban is the minimum viable product (MVP) built and evaluated? Implementing Analyzing Ready Reviewing Implementing In which state of the Portfolio Kanban may an ART need to reserve capacity? Implementing Ready Analyzing Reviewing Implementing