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SAFe Lean Portfolio Management (LPM) > Practice Exam > Flashcards

Practice Exam Flashcards

1
Q

When is the correct time to integrate across value streams?

A

As soon as it is economically feasible

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2
Q

Which purpose does the investment horizons guardrail serve?

A

Balancing both near-term opportunities and long-term strategy

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3
Q

What is one problem caused by project cost accounting?

A

Delays

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4
Q

When does participatory budgeting happen?

A

On a cadence twice per year

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5
Q

What is a benefit of using Kanban with a SAFe Portfolio?

A

To visualize the flow of epics

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6
Q

What can be done to build security compliance into the development process?

A

Include security compliance into the definition of done

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7
Q

In the SAFe Lean Startup Cycle, which question cdrives the decision to pivot or persevere?

A

Is the hypothesis proven?

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8
Q

Which statement is true about strategic themes?

A

They influence the portfolio vision

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9
Q

Which horizon is for investment in current Solutions?

A

Horizon 1

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10
Q

Where would the impact of missing a market window appear in the cost of delay calculation?

A

Time-criticality

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11
Q

Which statement is true about development value streams?

A

They contain the steps and people who support solutions

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12
Q

What do groups collaboratively fund during the participatory budgeting event?

A

Value Streams

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13
Q

How many key performance indicators (KPIs) per value stream are typically sufficient?

A

4-7

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14
Q

What is an example of using leading indicators in Lean Portfolio Management (LPM)?

A

Innovation accounting

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15
Q

What drives the future state of the portfolio?

A

Strategic themes

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16
Q

What is a potential output of a strategic portfolio review?

A

Updated strategic themes

17
Q

The goal of the Lean Portfolio Management (LPM) competency is to align what primary element with strategy?

A

Execution

18
Q

Which SAFe principle does weighted shortest job first (WSJF) support?

A

Take an economic view

19
Q

What does the Portfolio Roadmap give an organization?

A

A forecast of future work

20
Q

What is a primary benefit of participatory budgeting?

A

Adapt budgets to changing needs

21
Q

What is one key to implementing flow?

A

Visualizing a limiting work in process (WIP)

22
Q

Why is it necessary to estimate epic costs?

A

To understand the potential investment required

SAFe Lean Portfolio Management (LPM) (2 decks)

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