LPM Workbook Flashcards

1
Q

Is LPM one of the seven core competencies of the Lean Enterprise?

A

Yes, LPM is one of seven core competencies of the Lean Enterprise.

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2
Q

What are the two primary aspects of a Lean-Agile mindset?

A

1) Lean thinking.

2) Agile mindset.

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3
Q

Thinking Lean is based on the SAFe House of Lean.

A
Value is the roof.
Leadership is the foundation.
Four pillars are RFIR.
1)  Respect for people and culture.
2)  Flow.
3)  Innovation.
4)  Relentless Improvement
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4
Q

Applying the SAFe Lean-Agile Principles to the Portfolio.

Slide 19.

A

Ten principles. You are interested in 5.
1,5,6,9,10
Econ V., Milestones. ,WIP, Decentralize, Organize

Slide 19.

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5
Q

What is the problem with project-cost accounting?

Slide 24

A

“Project cost-center budgets create overhead, friction, and lower velocity.”

Basically, multiple departments must agree on joint funding, argue/negotiate. When things go slow, arguments may ensue.

Slide 24

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6
Q

Slide 29: Possible Stories. Assess current process alignment to SAFe Lean-Agile Principles.

A

How is CNA currently applying 5 of the 10 SAFe Lean-Agile Principles to the Portfolio?

Econ, Milestones, WIP, Decentralize, Organize

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