Lean Portfolio Management (LPM)
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1. What is one essential collaboration the Lean Portfolio Strategy and investment
Management function provides to realize its responsi- funding
bilities?
Strategy and investment funding
Participatory budgeting
Developing the Lean business case for Epics
Portfolio sync
2. Which of the following is a Lean Thinking principle? Identify the Value Stream
Identify the Value Stream for each product for each product
Sequence jobs for maximum benefit
Establish a decision-making framework
Deliver working software frequently
3. Benefits are realized when Agile Release Trains (ARTs) A common cadence
within a value stream are synchronized to what?
A common cadence
The same Portfolio guardrails
A common deployment pipeline
The same core Epic owners
4. What is one disadvantage of project cost accounting? Utilization-based planning
Utilization-based planning
Promotes innovation
Moves projects to people
Cheaper change control
5. What is an advantage of funding by Value Stream? It is easier to get budget
It is easier to get budget approvals if a Feature takes approvals if a Feature takes
longer than expected longer than expected
It is easier to calculate resource utilization planning for
a PI
, Lean Portfolio Management (LPM)
Study online at https://quizlet.com/_9ps9lb
It is easier to track costs at the project level
It is easier to forecast expenses for a PI
6. What must an enterprise do to organize the Portfolio Move from a project focus
around value? to a product and services
Move from a project focus to a product and services focus
focus
Organize Agile Release Trains by feature area
Organize Agile Release Trains by platforms and com-
ponents
Move from a product focus to a solution focus
7. What is an advantage of Lean Portfolio Management Increases ability to bud-
over traditional budgeting processes? get the deliverables in the
Increases ability to budget the deliverables in the port- portfolio roadmap
folio 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 bud-
get
8. Which group of people has the greatest influence on Business Owners
developing strategic themes?
Business Owners
Value Management Office (VMO)
Epic Owners
Portfolio council
9. What input helps inform an evolving enterprise strat- Portfolio Context
egy?
Portfolio Context
Study online at https://quizlet.com/_9ps9lb
1. What is one essential collaboration the Lean Portfolio Strategy and investment
Management function provides to realize its responsi- funding
bilities?
Strategy and investment funding
Participatory budgeting
Developing the Lean business case for Epics
Portfolio sync
2. Which of the following is a Lean Thinking principle? Identify the Value Stream
Identify the Value Stream for each product for each product
Sequence jobs for maximum benefit
Establish a decision-making framework
Deliver working software frequently
3. Benefits are realized when Agile Release Trains (ARTs) A common cadence
within a value stream are synchronized to what?
A common cadence
The same Portfolio guardrails
A common deployment pipeline
The same core Epic owners
4. What is one disadvantage of project cost accounting? Utilization-based planning
Utilization-based planning
Promotes innovation
Moves projects to people
Cheaper change control
5. What is an advantage of funding by Value Stream? It is easier to get budget
It is easier to get budget approvals if a Feature takes approvals if a Feature takes
longer than expected longer than expected
It is easier to calculate resource utilization planning for
a PI
, Lean Portfolio Management (LPM)
Study online at https://quizlet.com/_9ps9lb
It is easier to track costs at the project level
It is easier to forecast expenses for a PI
6. What must an enterprise do to organize the Portfolio Move from a project focus
around value? to a product and services
Move from a project focus to a product and services focus
focus
Organize Agile Release Trains by feature area
Organize Agile Release Trains by platforms and com-
ponents
Move from a product focus to a solution focus
7. What is an advantage of Lean Portfolio Management Increases ability to bud-
over traditional budgeting processes? get the deliverables in the
Increases ability to budget the deliverables in the port- portfolio roadmap
folio 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 bud-
get
8. Which group of people has the greatest influence on Business Owners
developing strategic themes?
Business Owners
Value Management Office (VMO)
Epic Owners
Portfolio council
9. What input helps inform an evolving enterprise strat- Portfolio Context
egy?
Portfolio Context
