Lean Portfolio Management (LPM) ACTUAL EXAM
UPDATED ACTUAL QUESTIONS AND CORRECT
Answers
What is one essential collaboration the Lean Portfolio Strategy and investment funding
Management function provides to realize its
responsibilities?
Strategy and investment funding
Participatory budgeting
Developing the Lean business case for Epics
Portfolio sync
Which of the following is a Lean Thinking principle? Identify the Value Stream for each product
Identify the Value Stream for each product
Sequence jobs for maximum benefit
Establish a decision-making framework
Deliver working software frequently
Benefits are realized when Agile Release Trains (ARTs) A common cadence
within a value stream are synchronized to what?
A common cadence
The same Portfolio guardrails
A common deployment pipeline
The same core Epic owners
, What is one disadvantage of project cost accounting? Utilization-based planning
Utilization-based planning
Promotes innovation
Moves projects to people
Cheaper change control
What is an advantage of funding by Value Stream? It is easier to get budget approvals if a Feature takes longer than expected
It is easier to get budget approvals if a Feature takes
longer than expected
It is easier to calculate resource utilization planning for a
PI
It is easier to track costs at the project level
It is easier to forecast expenses for a PI
What must an enterprise do to organize the Portfolio Move from a project focus to a product and services focus
around value?
Move from a project focus to a product and services
focus
Organize Agile Release Trains by feature area
Organize Agile Release Trains by platforms and
components
Move from a product focus to a solution focus
What is an advantage of Lean Portfolio Management Increases ability to budget the deliverables in the portfolio roadmap
over traditional budgeting processes?
Increases ability to budget the deliverables in the
portfolio roadmap
Provides effective control transparency of budgetary
spending
Provides effective financial control over investments with
less overhead
Increases ability to adjust the portfolio's annual budget
Which group of people has the greatest influence on Business Owners
developing strategic themes?
Business Owners
Value Management Office (VMO)
Epic Owners
Portfolio council
What input helps inform an evolving enterprise strategy? Portfolio Context
Portfolio Context
Participatory Budgeting
Portfolio Kanban
Portfolio Canvas
Which statement is true about strategic themes? They link a portfolio to the enterprise strategy
They link a portfolio to the enterprise strategy
They are derived from objectives and key results (OKRs)
They connect multiple value streams to the portfolio
strategy
They provide differentiation of solutions for the portfolio
UPDATED ACTUAL QUESTIONS AND CORRECT
Answers
What is one essential collaboration the Lean Portfolio Strategy and investment funding
Management function provides to realize its
responsibilities?
Strategy and investment funding
Participatory budgeting
Developing the Lean business case for Epics
Portfolio sync
Which of the following is a Lean Thinking principle? Identify the Value Stream for each product
Identify the Value Stream for each product
Sequence jobs for maximum benefit
Establish a decision-making framework
Deliver working software frequently
Benefits are realized when Agile Release Trains (ARTs) A common cadence
within a value stream are synchronized to what?
A common cadence
The same Portfolio guardrails
A common deployment pipeline
The same core Epic owners
, What is one disadvantage of project cost accounting? Utilization-based planning
Utilization-based planning
Promotes innovation
Moves projects to people
Cheaper change control
What is an advantage of funding by Value Stream? It is easier to get budget approvals if a Feature takes longer than expected
It is easier to get budget approvals if a Feature takes
longer than expected
It is easier to calculate resource utilization planning for a
PI
It is easier to track costs at the project level
It is easier to forecast expenses for a PI
What must an enterprise do to organize the Portfolio Move from a project focus to a product and services focus
around value?
Move from a project focus to a product and services
focus
Organize Agile Release Trains by feature area
Organize Agile Release Trains by platforms and
components
Move from a product focus to a solution focus
What is an advantage of Lean Portfolio Management Increases ability to budget the deliverables in the portfolio roadmap
over traditional budgeting processes?
Increases ability to budget the deliverables in the
portfolio roadmap
Provides effective control transparency of budgetary
spending
Provides effective financial control over investments with
less overhead
Increases ability to adjust the portfolio's annual budget
Which group of people has the greatest influence on Business Owners
developing strategic themes?
Business Owners
Value Management Office (VMO)
Epic Owners
Portfolio council
What input helps inform an evolving enterprise strategy? Portfolio Context
Portfolio Context
Participatory Budgeting
Portfolio Kanban
Portfolio Canvas
Which statement is true about strategic themes? They link a portfolio to the enterprise strategy
They link a portfolio to the enterprise strategy
They are derived from objectives and key results (OKRs)
They connect multiple value streams to the portfolio
strategy
They provide differentiation of solutions for the portfolio
