QUESTIONS AND CORRECT DETAILED ANSWERS (EXPERT
VERIFIED ANSWERS ) ALREADY GRADED A+.
LACE
Lean Agile Center of Excellence
STE
solution train engineer
Agile Portfolio Operations
Agile
PMO/LACE
RTE and SM
CoP
Responsibilities= Coordinate value streams, support program execution, drive
operational excellence
Strategy and Investment Funding
Enterprise Executives
Business Owners
Enterprise Architect
Responsibilities= Connect the portfolio to enterprise strategy, maintain a
portfolio vision, fund value streams, establish portfolio flow
,Lean Budgets
A set of practices that minimizes overhead by funding and empowering
Value Streams rather than projects, while maintaining financial and
fitness-for-use governance. This is achieved through objective evaluation
of working systems, prudent management of Epic investments, and
dynamic budget adjustments. Budgets are supported by guardrails that
outline spending policies, guidelines and practices for specific portfolio
Lean budget guardrails
Lean Budget Guardrails describe budgetary, governance and spending
policies and practices for the lean budgets allocated to a specific
portfolio.
1- guiding investments by horizon
2- Optimizing Value and Solution Integrity with Capacity
allocation 3-Approving Significant Initiatives
4-Continuous Business Owner Engagement
Business Owners
Prepare for upcoming
PI PI Planning
I & A Workshop
,WSJF
Weighted Shortest Job
First Taking an
economic view
Ignoring sunk costs
Making financial choices continuously
Using decision rules to decentralize decision-making and
control If you only quantify one thing, quantify the Cost
of Delay
**Job size does not always make a good proxy for the duration on the
WSJF algorithm
A Program Increment is to an ART (or Solution Train)
as an 'Iteration is to the Agile Team.'
Cadence and Synchronization
Each PI uses cadence and synchronization to :
Facilitate planning, limit WIP, summarize newsworthy value for feedback,
assure consistent program level retrospectives
Plan, Adjust, Check Do
PDCA cycle during program increments that combines the value
developed by each agile team into meaningful minestones to
objectively measure the solution plan- PI planning event (PIPE)
do- PI execution
Check- System Demo
Adjust- I&A
, Develop on Cadence
Release on Demand
Portfolio Kanban
A method used to visualize and manage the analysis, prioritization and
flow of portfolio epics from ideation to implementation and
completion.
Epic Owners collaborate with:
Business owners
Product and solution
management Solution-system
Arch/Eng
Team
funnel
Used to capture big ideas that can come from any source (No WIP limit for
this state)
Portfolio Vision and Portfolio Roadmap drive the creation of business and
enabler portfolio epics that feed directly into the portfolio Kanban ( into
the funnel)