Management Exam 2026 Questions and
Answers Graded A+
SAFe LPM - Correct answer-one of the 7 core competencies of lean enterprise
Lean Portfolio Management (LPM) - Correct answer-applies strategy and
execution by applying Lean and systems thinking approaches to strategy and
investment funding, Agile portfolio operations and governance
Purpose of LPM - Correct answer-governs each SAFe Portfolio
2 primary aspects of Lean Agile Mindset - Correct answer-thinking lean w/ the safe
house of lean; embracing agility w/ the agile manifesto
Agile Manifesto - Correct answer-Individuals and interactions over processes and
tools
Working software over comprehensive documentation
Customer collaboration over contract negotiation
Responding to change over following a plan
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,SAFe Lean-Agile Principles - Correct answer-#1 Take an economic view
#2 Apply Systems Thinking
#3 Assume variability; preserve options
#4 Build incrementally fast; integrated learning cycles
#5 Based milestones on objective evaluation of working systems
#6 Visualize and Limit WIP; reduce batch sizes; manage queue lengths
#7 Apply cadence; synchronize with cross domain planning
#8 Unlock intrinsic motivation of knowledge workers
#9 Decentralize decision making
#10 Organize around value
Base milestones on objective evaluation of working systems (5) - Correct answer-
Build the system in increments, each of which is an integration point that
demonstrates evidence of the solution feasibility; milestones based on objective
evaluation of working systems
Take an economic view (1) - Correct answer-Base your decisions on economics to
achieve better business outcomes
- deliver early and often
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,- operate within Lean Budgets and Guardrails
- understand economic tradeoffs for solutions
- leverage suppliers
- sequence jobs (Epics) for maximum benefit
- empower local decision-making
Visualize and limit WIP (6) - Correct answer-achieve a continuous flow of value
by:
- visualizing and limiting the amount of work in progress (WIP) to match the
demand of actual capacity
- reduce batch sizes of work. smaller batches go through the system faster and with
lower variability
- manage queue lengths to decrease delays, reduce waste and improve
predictability of outcomes
Decentralize decision making (9) - Correct answer-Centralize strategic decision -
those that are infrequent, long lasting and have economies of scale. Decentralize all
others.
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, Project Cost Accounting problems - Correct answer-creates overhead, friction and
lowers velocity
- requires collaboration of multiple cost centers, assignment of people, budget, and
schedule to build a project budget resulting in slow complex budgeting process,
moves people to the work, low program output and utilization based planning and
execution.
Value Streams - Correct answer-realized by ARTs; represents a series of steps that
an organization uses to implement solutions that provide continuous flow of value
to a customer.
LPM events - Correct answer-Portfolio Sync, Strategic Portfolio Review,
Participatory Budgeting and Sequencing Epics w/ WSJF
Types of value streams - Correct answer-Operational and Development
Operational Value Stream - Correct answer-contains the steps and the people who
deliver end user value using the solution created by the development value stream
Development value stream - Correct answer-contains the steps and the people who
delivers solutions that are used by the Operational VS
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