EXAM STUDY GUIDE 2026 QUESTIONS AND
ANSWERS GRADED
◉ Lean Portfolio Management. Answer: Strategy & Investment
Funding
-> Agile Portfolio Operations
-> Lean Governance
◉ Strategy and Investment Funding. Answer: Players: Enterprise
Executives, Business Owners, Enterprise Architect
Connect the portfolio to enterprise strategy;
Maintain a portfolio vision;
Fund value streams;
Establish portfolio flow
◉ Agile Portfolio Operations. Answer: Players: Agile PMO / LACE,
RTE and SM CoP
(LACE Lean Agile Center of Excellence)
Coordinate value streams;
, Support program execution;
Drive operational excellence
◉ Lean Governance. Answer: Players: Enterprise Architect, Business
Owners, Agile PMO / LACE
Forecast and budget dynamically;
Measure portfolio performance;
Coordinate continuous compliance
◉ LPM Lean Agile Approach. Answer: Decentralized decision-
making;
Demand management, continue value flow;
Lightweight, epic-only business cases;
Decentralized, rolling-wave planning;
Agile estimating and planning;
Lean-Agile budgeting and self-managing Agile Release Trains,
Objective, fact-based measures and milestones
◉ Epic. Answer: Large product initiative;
Has a hypothesis;
Defines an experiment to test assumptions, the MVP