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SAFe Lean Portfolio Managment (LPM)- Test Questions with Solutions

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SAFe Lean Portfolio Managment (LPM)- Test Questions with Solutions What are the key areas of Anayzing? * Solution alternatives * Refined cost estimates and WSJF * Define MVP * Create Lean business case * Go/No-Go Decision * WIP limited

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Institution
Lean Portfolio Management
Course
Lean Portfolio Management

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Uploaded on
January 1, 2025
Number of pages
20
Written in
2024/2025
Type
Exam (elaborations)
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SAFe Lean Portfolio Managment (LPM)-
Test Questions with Solutions
What are the key areas of Anayzing? Correct Ans-Pull when an Epic Owner has capacity.

* Solution alternatives

* Refined cost estimates and WSJF

* Define MVP

* Create Lean business case

* Go/No-Go Decision

* WIP limited



What is part of the Portfolio Backlog? Correct Ans-Pull when approved by LPM

* Epics approved by LPM

* Sequenced using WSJF



What are parts of Implementing? Correct Ans-MVP and Persevere

* MVP - build and evaluate MVP, Pivot or persevere decision made, pulled by train when
capacity and budget available.

* Persevere - affected ARTS or Solution Trains reserve capacity for the Epic. Continue feature
implementation until WSJF determines otherwise. Pulled when MVP hypothesis is proven true.



When is an Epic considered done? Correct Ans-* Done when LPM governance is no longer
required. Pulled when Epic is no longer a portfolio concern.

,* The business outcome hypothesis is proven fales.



To apply WSJF, we need to know two things Correct Ans-(1) Cost of Delay (CoD) - the
amount of money lost due to delaying the delivery of value.

(2) Duration - The time it takes to deliver the Epic.



WSJF = Cost of Delay (Value) / Duration (Cost)



How do you normalize the cost of an Epic? Correct Ans-* Give the lowest cost Epic a 1.0,
then divide the cost of subsequent Epics by the cost of the first Epic.



What three things are need to calculate CoD? Correct Ans-User Business Value + Time
Criticality + RR/OE Value



What numbers should be used in calculations? Correct Ans-1, 2, 3, 5, 8, 13




What does Agile Portoflio Operations do? Correct Ans-Coordinates Value Streams, supports
decentralized program execution, enabling operational excellence.



What roles are needed for Value Stream Coordination Correct Ans-* Solution Portfolio
Management - overall responsibility for guiding a portfolio to a set of integrates Solutions.

* APMO, RTEs, and STEs - support efficient, decentralize program execution.

, * Enterprise Architect - provides technical guidance for the long-term evolution of technologies
and platforms and larger nonfunctional requirements.



The function of the Lean-Agile Center of Excellence (LACE) Correct Ans-* Communicating
the business need for SAFe

* Integrating SAFe practices and fostering communities of practice

* Creating alignment around organizational changes

* Providing coaching and training to ART stakeholders and teams

* Establishing objective Metrics

* Facilitating Value Stream identification workshops



What are the three LACE operating models? Correct Ans-(1) Centralized - funded by the
Enterprise through business unit allocations

(2) Decentralized - funded by the portfolio for local LACE

(3) Hub-and-Spoke - Local LACE is funded by the portfolio; Enterprise LACE is funded
centrally



The APMO supports portfolio operations and program execution Correct Ans-* Facilitiates
the portfolio sync

* Works with the LACE to develop, harvest, and apply successful program execution patterns
across the portfolio

* Facilitiates Lean budgeting and coordinates portfolio governance

* Fosters decentralized PI Planning and operational excellence

* Fosters more Agile contracts and leaner Supplier and Customer partnerships.

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