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Lean Portfolio Management Exam 2025/2026 – SAFe LPM Practice Questions and Answers | Agile Governance, Strategic Themes, Portfolio Kanban

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This document is a complete, in-depth question and answer guide designed for students and professionals preparing for the SAFe Lean Portfolio Management (LPM) 2025/2026 certification exam. It includes over 100 well-structured questions and verified answers, covering key aspects of Lean Portfolio Management such as Agile portfolio operations, lean budgeting, governance guardrails, value streams, Portfolio Kanban, MVP implementation, and participatory budgeting processes. Each answer is directly aligned with the Scaled Agile Framework (SAFe) principles, and the material extensively details the SAFe Lean Startup Cycle, strategic themes, Lean Governance, Agile Contracts, Lean Business Cases, and Value Stream coordination. This study resource is particularly valuable for students in Agile Project Management, Product Ownership, Portfolio Governance, and Strategic IT Planning courses. It also serves professionals pursuing SAFe LPM certification, Agile consultants, and team leads within enterprise-level organizations implementing Lean-Agile transformations. Relevant for: Agile Project Management students MBA and Strategic Management students Professionals in Enterprise Agile Transformation Candidates preparing for SAFe LPM Certification Keywords: SAFe LPM Lean Portfolio Management Agile governance portfolio Kanban value stream budgeting SAFe lean startup cycle minimum viable product strategic themes participatory budgeting business epics enabler epics lean-agile mindset portfolio sync lean budgeting guardrails portfolio epic threshold

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November 4, 2025
Number of pages
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Written in
2025/2026
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Purpose of SAFe Lean Portfolio
Management 2025/2026 Exam Questions
and Answers | A+ Score Assured



SAFe LPM - 🧠ANSWER ✔✔one of the 7 core competencies of lean

enterprise


Lean Portfolio Management (LPM) - 🧠ANSWER ✔✔applies strategy and

execution by applying Lean and systems thinking approaches to strategy

and investment funding, Agile portfolio operations and governance


Purpose of LPM - 🧠ANSWER ✔✔governs each SAFe Portfolio


2 primary aspects of Lean Agile Mindset - 🧠ANSWER ✔✔thinking lean w/

the safe house of lean; embracing agility w/ the agile manifesto


Agile Manifesto - 🧠ANSWER ✔✔Individuals and interactions over

processes and tools

,Working software over comprehensive documentation

Customer collaboration over contract negotiation

Responding to change over following a plan


SAFe Lean-Agile Principles - 🧠ANSWER ✔✔#1 Take an economic view


#2 Apply Systems Thinking

#3 Assume variability; preserve options

#4 Build incrementally fast; integrated learning cycles

#5 Based milestones on objective evaluation of working systems

#6 Visualize and Limit WIP; reduce batch sizes; manage queue lengths

#7 Apply cadence; synchronize with cross domain planning

#8 Unlock intrinsic motivation of knowledge workers

#9 Decentralize decision making

#10 Organize around value

Base milestones on objective evaluation of working systems (5) -

🧠ANSWER ✔✔Build the system in increments, each of which is an

,integration point that demonstrates evidence of the solution feasibility;

milestones based on objective evaluation of working systems


Take an economic view (1) - 🧠ANSWER ✔✔Base your decisions on

economics to achieve better business outcomes

- deliver early and often

- operate within Lean Budgets and Guardrails

- understand economic tradeoffs for solutions

- leverage suppliers

- sequence jobs (Epics) for maximum benefit

- empower local decision-making


Visualize and limit WIP (6) - 🧠ANSWER ✔✔achieve a continuous flow of

value by:

- visualizing and limiting the amount of work in progress (WIP) to match the

demand of actual capacity

- reduce batch sizes of work. smaller batches go through the system faster

and with lower variability




3
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED

, - manage queue lengths to decrease delays, reduce waste and improve

predictability of outcomes


Decentralize decision making (9) - 🧠ANSWER ✔✔Centralize strategic

decision - those that are infrequent, long lasting and have economies of

scale. Decentralize all others.


Project Cost Accounting problems - 🧠ANSWER ✔✔creates overhead,

friction and lowers velocity

- requires collaboration of multiple cost centers, assignment of people,

budget, and schedule to build a project budget resulting in slow complex

budgeting process, moves people to the work, low program output and

utilization based planning and execution.


Value Streams - 🧠ANSWER ✔✔realized by ARTs; represents a series of

steps that an organization uses to implement solutions that provide

continuous flow of value to a customer.


LPM events - 🧠ANSWER ✔✔Portfolio Sync, Strategic Portfolio Review,

Participatory Budgeting and Sequencing Epics w/ WSJF


Types of value streams - 🧠ANSWER ✔✔Operational and Development

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