Lean Portfolio Management

Question 1

Components of the LPM

Answer 1

Strategy and investment funding

• connect portfolio to enterprise strategy
• maintain portfolio vision
• fund value streams
• establish portfolio flow

Agile Portfolio Operations
- support program execution
Lean Governance

Question 2

Define Portfolio

Answer 2

Portfolio Cnvas

Categorize by horizon / maturity - 1,2,3 (time X value)

1- Core businesses - greatest profits and cash flow
2- Emerging opportunities - could generate substantial profits, but could require considerable investments
3- ideas for profitable growth - research, pilots

3 - 2 - 1 - 0
Evaluating - Emerging - Investing - Extracting - Retiring -> Decomission

Question 3

Strategic themes = business objectives

Answer 3

differentiation between current state to desired future state

collaboration between LPM and larger enterprise

enterprise business drives strategic themes
portfolio context influences strategic themse

Question 4

Strategic themes impact

Answer 4

Value Stream budgets

Portfolio Kanban
Solution , ART Vision and roadmap

Economic Framework

Question 5

POrtfolio Vision - Opportunities with SWOT and TOWS

Answer 5

Use to create vision

postcard vision

Question 6

Portfolio flow

Answer 6

Epics flow with Portfolio Kanban

Question 7

Portfolio Kanban

Answer 7

Funnel -> Review (WSJF, Epic Hypothesis statement) -> Analyzing (Review wsjf, mvp, cost estimates) -> Portfolio Backlog -> Implementing -> Done

Question 8

Lean Startup Cycl

Answer 8

Epic (approved lean business case and hypoth) -> Build mvp -> evaluate mvp -> implement additonal efatures unti wsjf determines otherwise OR Pivot and Stop

mvp -> innovation and control cost

Question 9

Portfolio funnel feeders

Answer 9

Portfolio vision -> roadmap -> epics

Or

Solution Vision -> Roadmap -> continuous exp from arts -> epics / enablers

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Portfolio Kanban

Question 10

Portfolio Flow : Epic Writing

Answer 10

Epic Hypothesis statement

For
who
the
is a 
that
Unlike
our solution

Business outcomes
Leading indicators
NFRs

Question 11

Funding - Value Streams

Answer 11

Lean Budget -> funding value streams

unaffected by changes priorities and feature cost overruns

Question 12

Maintain the Guard rails

Answer 12

Apply investment horizons
engage bo
Approve epic initiatives
use capacity allocation