SAFe 5.0 – LPM Questions And Answers 2022/2023
How does the 'Portfolio Canvas' provide input to the Solution Vision? - Answer - Current
state and the desired future state for the portfolio
What two SAFe roles do LPM work with at the Portfolio layer? - Answer - Enterprise Architect ; Epic Owners
Why is the Enterprise Architect role a key stakeholder in LPM? - Answer - Enterprise architects work across value streams and ARTs to help provide the strategic technical direction that can optimize portfolio outcomes. An Enterprise Architect often acts as an Epic Owner for enabler epics.
What does a SAFe Lean Portfolio manage? - Answer - One or more development value streams
What is a leadership activity of the Lean Agile Center of Excellence (LACE)? - Answer - Fostering Communities of Practice
Which two events support the ALIGNMENT of Strategy and Participatory Budgeting? - Answer - Portfolio Synch ; Participatory Budgeting (used with BO's)
What is a LPM Self Assessment? - Answer - A periodic assessment to measure and improve Portfolio processes; Lean Portfolio Management strategy and investment funding, lean governance, agile program guidance and portfolio metrics.
What are Lean Portfolio Metrics? - Answer - Comprehensive but Lean set of metrics that can be used to assess internal and external progress for the entire Portfolio.
What is a key input in developing the portfolio vision. - Answer - The Portfolio Canvas
What is one of the primary uses of the Portfolio Canvas? - Answer - The portfolio canvas defines the value streams that are included in a SAFe portfolio, the value propositions and the solutions they deliver, the customers they serve, the budgets allocated to each value stream, and other key activities and events required to achieve the portfolio vision.
Name one of the Agile PMO responsibilities?(choose 1)
a. Identify value streams
b. moving to objective milestones
c. integrating activities at the team level
d. facilitating PI planning events - Answer - b. moving to objective milestones in SAFe, what does the current state Portfolio canvas represent? - Answer - The as-is state for the portfolio
Define Agile Portfolio Operations? (choose 3)
a. coordinate value streams
b. expedite enablers
c. support program execution
d. drive operational excellence - Answer - a, c, d - coordinate value streams; support program execution and drive operational excellence
Which two Lean Portfolio Management (LPM) practices will accelerate the flow of value to the customer? - Answer - Control work in process with a portfolio kanban system; and
organize people around value streams/ARTs
What does the 'as-is-state' for the Portfolio Canvas enable? - Answer - Alignment of the organization on its structure, purpose, and status.
What is the Cost of Delay (CoD)? - Answer - An aggregate measure of Business value to be gained and is a method to prioritize needed capabilities & features (incl, business value, urgency of need, and risk values.
(CoD = Business Value + Time Criticality + Risk reduction)
What helps define the Vision for the Portfolio? - Answer - Envisioning the future state after aligning the organization on its structure purpose and status
What does it mean for the Portfolio Vision to be motivational to engage others on the journey? - Answer - That the vision must align with the Strategic Themes, as well as to the individual team's purpose.
What characteristics does the portfolio vision exhibit? - Answer - Aspirational, yet realistic and achievable; Motivational to engage others on the journey.
What artifact will result from the Epic Hypothesis Statement? - Answer - Lean Business Case
What does the Business Owner on an ART need to have context around in order to help
drive or review the Program Vision and Roadmap? - Answer - Current Enterprise, Portfolio, and Value Stream Context
What specific SAFe roles would the APMO LACE frequently engage? - Answer - RTE, STE, SM CoP
Lean Portfolio Management creates? - Answer - Lean budget and investment guardrails
and provides lean governance across value streams
Which LPM process supports customer centricity?
How does the 'Portfolio Canvas' provide input to the Solution Vision? - Answer - Current
state and the desired future state for the portfolio
What two SAFe roles do LPM work with at the Portfolio layer? - Answer - Enterprise Architect ; Epic Owners
Why is the Enterprise Architect role a key stakeholder in LPM? - Answer - Enterprise architects work across value streams and ARTs to help provide the strategic technical direction that can optimize portfolio outcomes. An Enterprise Architect often acts as an Epic Owner for enabler epics.
What does a SAFe Lean Portfolio manage? - Answer - One or more development value streams
What is a leadership activity of the Lean Agile Center of Excellence (LACE)? - Answer - Fostering Communities of Practice
Which two events support the ALIGNMENT of Strategy and Participatory Budgeting? - Answer - Portfolio Synch ; Participatory Budgeting (used with BO's)
What is a LPM Self Assessment? - Answer - A periodic assessment to measure and improve Portfolio processes; Lean Portfolio Management strategy and investment funding, lean governance, agile program guidance and portfolio metrics.
What are Lean Portfolio Metrics? - Answer - Comprehensive but Lean set of metrics that can be used to assess internal and external progress for the entire Portfolio.
What is a key input in developing the portfolio vision. - Answer - The Portfolio Canvas
What is one of the primary uses of the Portfolio Canvas? - Answer - The portfolio canvas defines the value streams that are included in a SAFe portfolio, the value propositions and the solutions they deliver, the customers they serve, the budgets allocated to each value stream, and other key activities and events required to achieve the portfolio vision.
Name one of the Agile PMO responsibilities?(choose 1)
a. Identify value streams
b. moving to objective milestones
c. integrating activities at the team level
d. facilitating PI planning events - Answer - b. moving to objective milestones in SAFe, what does the current state Portfolio canvas represent? - Answer - The as-is state for the portfolio
Define Agile Portfolio Operations? (choose 3)
a. coordinate value streams
b. expedite enablers
c. support program execution
d. drive operational excellence - Answer - a, c, d - coordinate value streams; support program execution and drive operational excellence
Which two Lean Portfolio Management (LPM) practices will accelerate the flow of value to the customer? - Answer - Control work in process with a portfolio kanban system; and
organize people around value streams/ARTs
What does the 'as-is-state' for the Portfolio Canvas enable? - Answer - Alignment of the organization on its structure, purpose, and status.
What is the Cost of Delay (CoD)? - Answer - An aggregate measure of Business value to be gained and is a method to prioritize needed capabilities & features (incl, business value, urgency of need, and risk values.
(CoD = Business Value + Time Criticality + Risk reduction)
What helps define the Vision for the Portfolio? - Answer - Envisioning the future state after aligning the organization on its structure purpose and status
What does it mean for the Portfolio Vision to be motivational to engage others on the journey? - Answer - That the vision must align with the Strategic Themes, as well as to the individual team's purpose.
What characteristics does the portfolio vision exhibit? - Answer - Aspirational, yet realistic and achievable; Motivational to engage others on the journey.
What artifact will result from the Epic Hypothesis Statement? - Answer - Lean Business Case
What does the Business Owner on an ART need to have context around in order to help
drive or review the Program Vision and Roadmap? - Answer - Current Enterprise, Portfolio, and Value Stream Context
What specific SAFe roles would the APMO LACE frequently engage? - Answer - RTE, STE, SM CoP
Lean Portfolio Management creates? - Answer - Lean budget and investment guardrails
and provides lean governance across value streams
Which LPM process supports customer centricity?
