Lean Portfolio Management (LPM) Questions with
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Terms in this set (45)
What is one essential Strategy and investment funding
collaboration the Lean
Portfolio Management
function provides to
realize its responsibilities?
Strategy and investment
funding
Participatory budgeting
Developing the Lean
business case for Epics
Portfolio sync
Which of the following is a Identify the Value Stream for each product
Lean Thinking principle?
Identify the Value Stream
for each product
Sequence jobs for
maximum benefit
Establish a decision-
making framework
Deliver working software
frequently
,Benefits are realized when A common cadence
Agile Release Trains (ARTs)
within a value stream are
synchronized to what?
A common cadence
The same Portfolio
guardrails
A common deployment
pipeline
The same core Epic
owners
What is one disadvantage Utilization-based planning
of project cost
accounting?
Utilization-based planning
Promotes innovation
Moves projects to people
Cheaper change control
What is an advantage of It is easier to get budget approvals if a Feature takes
funding by Value Stream? longer than expected
It is easier to get budget
approvals if a Feature
takes longer than
expected
It is easier to calculate
resource utilization
planning for a PI
It is easier to track costs at
the project level
It is easier to forecast
expenses for a PI
, What must an enterprise Move from a project focus to a product and services
do to organize the focus
Portfolio around value?
Move from a project focus
to a product and services
focus
Organize Agile Release
Trains by feature area
Organize Agile Release
Trains by platforms and
components
Move from a product
focus to a solution focus
What is an advantage of Increases ability to budget the deliverables in the
Lean Portfolio portfolio roadmap
Management over
traditional budgeting
processes?
Increases ability to budget
the deliverables in the
portfolio roadmap
Provides effective control
transparency of budgetary
spending
Provides effective
financial control over
investments with less
overhead
Increases ability to adjust
the portfolio's annual
budget
Verified Solutions
Save
Terms in this set (45)
What is one essential Strategy and investment funding
collaboration the Lean
Portfolio Management
function provides to
realize its responsibilities?
Strategy and investment
funding
Participatory budgeting
Developing the Lean
business case for Epics
Portfolio sync
Which of the following is a Identify the Value Stream for each product
Lean Thinking principle?
Identify the Value Stream
for each product
Sequence jobs for
maximum benefit
Establish a decision-
making framework
Deliver working software
frequently
,Benefits are realized when A common cadence
Agile Release Trains (ARTs)
within a value stream are
synchronized to what?
A common cadence
The same Portfolio
guardrails
A common deployment
pipeline
The same core Epic
owners
What is one disadvantage Utilization-based planning
of project cost
accounting?
Utilization-based planning
Promotes innovation
Moves projects to people
Cheaper change control
What is an advantage of It is easier to get budget approvals if a Feature takes
funding by Value Stream? longer than expected
It is easier to get budget
approvals if a Feature
takes longer than
expected
It is easier to calculate
resource utilization
planning for a PI
It is easier to track costs at
the project level
It is easier to forecast
expenses for a PI
, What must an enterprise Move from a project focus to a product and services
do to organize the focus
Portfolio around value?
Move from a project focus
to a product and services
focus
Organize Agile Release
Trains by feature area
Organize Agile Release
Trains by platforms and
components
Move from a product
focus to a solution focus
What is an advantage of Increases ability to budget the deliverables in the
Lean Portfolio portfolio roadmap
Management over
traditional budgeting
processes?
Increases ability to budget
the deliverables in the
portfolio roadmap
Provides effective control
transparency of budgetary
spending
Provides effective
financial control over
investments with less
overhead
Increases ability to adjust
the portfolio's annual
budget
