FREE SAFe® 5 DevOps: LPM Questions and Answers
Which state of the Portfolio Kanban would the LPM team use to calculate WSJF?
In the Portfolio Kanban's "Review state," the Lean Portfolio Management (LPM) team evaluates and analyzes portfolio items to make informed decisions. This includes evaluating potential initiatives or features' value, risks, costs, and other factors.
Which state of the Portfolio Kanban would the LPM team make the Go/No-Go determination?
Before making a decision, the Lean Portfolio Management team evaluates the initiatives' feasibility, value, risks, and alignment with the overall portfolio strategy during the "Analyzing state" of the Portfolio Kanban system.
What specific SAFe roles would be frequently performed by the APMO LACE?
In the context of SAFe (Scaled Agile Framework), APMO LACE (Agile Program Management Office Lean-Agile Center of Excellence) is responsible for providing leadership, guidance, and support to assist the organization in effectively adopting and scaling Lean-Agile practices.
What object is a part of the portfolio context?
In the Portfolio Context, qualitative data refers to non-numerical information that provides valuable insights, perspectives, and context for making informed decisions and shaping the direction of the portfolio.
Which LPM process promotes the customer-centric approach?
Design thinking is a methodology that enables organizations to comprehend their customers' needs and to create solutions that meet those needs. The process emphasizes empathy, creativity, and collaboration.
Why is the Enterprise Architect role an important LPM stakeholder?
The Enterprise Architect is a key stakeholder in the context of Lean Portfolio Management (LPM) because they are responsible for ensuring the alignment of technical strategies and solutions with portfolio outcomes.
What does the current state Portfolio canvas represent within SAFe?
The current state Portfolio Canvas in SAFe (Scaled Agile Framework) represents the status quo of the portfolio.
The Portfolio Canvas is a visual tool used in Lean Portfolio Management (LPM) to represent the portfolio's current state.
It provides an overview of the current situation, including various factors that influence the performance, alignment, and value delivery of the portfolio.
What contribution does the "Portfolio Canvas" make to the Solution Vision?
The Portfolio Canvas contributes to the Solution Vision by describing the current state, the desired future state, and the overall strategic context of the portfolio, thereby guiding the development of specific solution visions to address organizational needs.
What qualities does the portfolio vision possess?
Aspirational: The portfolio vision should motivate and guide the company. It should state the company's long-term objectives.
Realistic and Achievable: The vision should be aspirational but realistic. It should set realistic goals and outcomes that the organization can achieve with its resources.
The portfolio vision should inspire teams, leaders, and employees. It should inspire the journey ahead.
Engaging: Stakeholders should rally around the portfolio vision. It should inspire all employees to work toward its realization.
Which Lean Agile principle will you employ to deal with a company that is still using wasteful manual processes, silos, and other inefficient practices?
Organize around value: Organize people, teams, and their work around the value to the customer, for predictability, flow, and continuous improvement," states Lean Agile Principle #10.
When different parts of an organization operate in silos, experience waste, and rely on manual processes, this is often an indication of a lack of alignment and collaboration. Applying the "organize around value" principle is a means of addressing these challenges.
Creates Lean Portfolio Management?
Lean Portfolio Management (LPM) is a SAFe approach focused on aligning strategy and execution across multiple Agile Release Trains (ARTs) and value streams within an organization.
LPM creates a lean budgeting and investment approach, which entails establishing boundaries and guidelines for how budgets are allocated to different value streams and initiatives.
Which two SAFe roles at the Portfolio layer do LPM work with?
SAFe Lean Portfolio Management (LPM) collaborates with Enterprise Architects and Epic Owners. Enterprise Architects guide technical decisions with the organization's long-term architectural vision.
Epic Owners align large projects with the portfolio vision and strategic themes. They make epic investment decisions together.
What background information is required for the Business Owner on an ART in order to help guide or review the Program Vision and Roadmap?
An Agile Release Train (ART) Business Owner represents business stakeholders and ensures the ART delivers value to the organization.
The Business Owner must understand the enterprise, portfolio, and value stream context to drive or review the Program Vision and Roadmap. This context helps inform decisions and align the ART's efforts with organizational goals.
Do we define and assess the investment for each value stream in the Portfolio Canvas component?
The "Value Proposition" is the Portfolio Canvas element in which the KPI & Revenue block (financial and performance metrics) is used to define and assess the investment for each value stream.
What is one of the Agile PMO's duties? (Select 1)
"Moving to objective milestones" means setting clear, measurable, and achievable development milestones for teams and projects.
These milestones track progress toward the goal by aligning with specific objectives and outcomes.
Situation Your organization's Finance department employs a Project funding model and is unaware of Lean Portfolio Management.
What steps would you take to rectify the situation?
Discuss Lean Portfolio Management benefits, principles, and Agile and business value delivery with Finance Leaders.
Collaborate, focus on value streams, and educate them on benefits like alignment with business objectives, improved flow, reduced waste, and enhanced responsiveness.
Invite Finance Leaders to Portfolio Synch meetings to encourage gradual funding approach change.