LPM 21 Practice Test Questions Flashcards
What does a SAFe Portfolio manage?
One or more development Value Streams
What is one of the Agile product management office responsibilities?
Moving to objective milestones
What is a leadership activity of the Lean Agile Center of Excellence?
Fostering Communities of Practice
What are key outputs of participatory budgeting?
New value stream budgets and an agreed upon list of Epics (Themes at CNA)
What are two key inputs to participatory budgeting (two needed)?
1) Potential Value Stream Epics (themes at CNA)
2) Business context
Which two Lean Portfolio Management practices will accelerate the flow of value to the customer (cite two).
1) Kanban WIP. Control WIP with a Portfolio Kanban system
2) People around Value Streams. Organize people around Value Streams/Agile Release Trains.
Which item is included in the Portfolio Context?
Qualitative data
Why would a single Portfolio create multiple Portfolio Canvases?
a) To account for different Value Streams
b) To account for different funding sources
c) To analyze multiple Epics
d) To explore multiple future state possibilities
d) To explore multiple future state possibilities
Easy - Which configuration introduces the Lean Portfolio Management core competency?
a) Essential SAFe
b) Full SAFe
c) Large Solution SAFe
d) Portfolio SAFe
d) Portfolio SAFe
Very wrong. What are the two key success factors in decentralized decision-making when giving control to others?
a) Visualized goals
b) Organizational clarity
c) Psychological ownership
d) An economic view
e) Technical competency
b) Organizational clarity
e) Technical competency
Use elimination. What are 3 advantages of organizing the portfolio around value streams?
a) It contributes to faster phase-gate approval
b) It contributes to higher quality
c) It supports existing organizational silos
d) It supports project cost accounting
e) It supports Leaner budgeting mechanisms
f) It contributes to more productivity
b) It contributes to higher quality
e) It supports Leander budgeting mechanisms
f) It contributes to more productivity
Eliminate buzzwords. Which solutions are guided by Horizon 1?
a) Solutions that have unproven potential
b) Solutions emerging from Horizon 3
c) Solutions that generate more value than investment
d) Solutions whose value is approaching the cost of maintaining the Solution
c) Solutions that generate more value than investment
Think LPM. In which two ways does Lean Portfolio Management optimize the flow of value?
a) Limits the portfolio’s work in process
b) Improves the speed of the phase-gate approval
c) Funds epics continuously
d) Organizes Agile release trains around value
e) Improves with the Inspect and adapt workshop
a) Limits the portfolio’s work in process
d) Organizes Agile release trains around value
Quantifiable and Doable. What is an example of a good Strategic Theme?
a) Become leaders in new markets
b) Increase customer engagement in our platform
c) Maximize corporate value
d) Increase shareholder wealth
a) Become leaders in new markets
https: //www.scaledagileframework.com/strategic-themes/
Not SAFe’s best definition:
Strategic Themes are differentiating business objectives that connect a portfolio to the strategy of the Enterprise. They influence portfolio strategy and provide business context for portfolio decision-making.
Wrong. Which elements are a part of the portfolio canvas?
a) Strategic themes, cost structure, and revenue streams
b) Value streams, Agile release trains, and epics
c) People, process and technology
d) Value proposition, resources, and activities
d) Value proposition, resources, and activities
www. scaledagileframework.com/lean-portfolio-management/
