STUDENTS SUCCESS
Revision Examination Tests
“Come all for this Greatness”
... 100% Correct Ans ...
SAFE LEAN PORTFOLIO MANAGMENT (LPM) STUDY CARDS EXAM 2024-
2025 ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS
Quiz Why Lean Portfolio Managment?
Ans: * The LPM function governs each SAFe portfolio
* It provides three essential collaborations to realize its responsibilities:
(1) Strategy and investment funding
(2) Agile portfolio operations
(3) Lean governance
Quiz What does the LPM competency do?
Ans: * Aligns strategy with execution
* Ensures system thinking approaches to strategy and investment funding, Agile
portfolio operations, and governance.
Quiz What are the four areas within Value and Leadership of the SAFe House of
Lean
Ans: * Respect for people and culture
* Flow
* Innovation
* Relentless improvement
Quiz The Agile Manifesto values the following:
Ans: * Individuals and interactions
* Working softward
* Customer collaboration
* Relentless improvement
Quiz Top 5 Agile Principles to LPM
, Ans: (1) Take an economic view
(5) Base milestones on objecvite evaluation of working systems
(6) Visualize and limit WIP, reduce batch sizes, and manage queue lengths
(9) Decentralize decision-making
(1) Organize around value
Quiz Principle #1: Take an economic view
Ans: * Deliver early and often
* Operate within Lean Budgets and Guardrails
* Undertand economic trade-offs for solutions
* Leverage suppliers
* Sequence jobs (Epics) for maximum benefit
* Empower local decision-making
Quiz Principle #5: Base milestones on objective evaluation of working systems
Ans: Program Increment (PI) System Demos are orchestrated to deliver objective
progress, product, and process Metrics.
* Build the system in increments, each which is an integration point that
demonstrates evidence of the solution feasiblity.
* Milestones based on objective evaluation of working systems.
Quiz Principle #6: Visualize and limit WIP
Ans: Three keys to implementing coninuous flow of value:
* Visualize and limit the amount of WIP to match demand to actual capacity
* Reduce the batch sizes of work. Smaller batches go through the system faster and
with lower variability.
* Manage queue lengths to decrease delays, reduce wate, and improve predictability
of outcomes.
Quiz Principle #9: Decentralize Decision Making
Ans: * Centralize strategic decisions, those that are infrequent, long lasting, and
have significant economies of scale. Decentralize all others.
* Provide clarity on organizational objectives and provide opportunities to exercise
and cultivate decision-making abilities.
* Openly discuss how to move authority for decisions closer to where the work is
performed.
* Establish a decision-making framework that equips knowledge workers with the
information to make good decisions.
* Apply lean budget guardrails to create alignment for decentralized decisions with
the appropriate controls.
Quiz Project cost-center budgets create the following:
Ans: * Overhead
* Friction
* Lower velocity
Revision Examination Tests
“Come all for this Greatness”
... 100% Correct Ans ...
SAFE LEAN PORTFOLIO MANAGMENT (LPM) STUDY CARDS EXAM 2024-
2025 ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS
Quiz Why Lean Portfolio Managment?
Ans: * The LPM function governs each SAFe portfolio
* It provides three essential collaborations to realize its responsibilities:
(1) Strategy and investment funding
(2) Agile portfolio operations
(3) Lean governance
Quiz What does the LPM competency do?
Ans: * Aligns strategy with execution
* Ensures system thinking approaches to strategy and investment funding, Agile
portfolio operations, and governance.
Quiz What are the four areas within Value and Leadership of the SAFe House of
Lean
Ans: * Respect for people and culture
* Flow
* Innovation
* Relentless improvement
Quiz The Agile Manifesto values the following:
Ans: * Individuals and interactions
* Working softward
* Customer collaboration
* Relentless improvement
Quiz Top 5 Agile Principles to LPM
, Ans: (1) Take an economic view
(5) Base milestones on objecvite evaluation of working systems
(6) Visualize and limit WIP, reduce batch sizes, and manage queue lengths
(9) Decentralize decision-making
(1) Organize around value
Quiz Principle #1: Take an economic view
Ans: * Deliver early and often
* Operate within Lean Budgets and Guardrails
* Undertand economic trade-offs for solutions
* Leverage suppliers
* Sequence jobs (Epics) for maximum benefit
* Empower local decision-making
Quiz Principle #5: Base milestones on objective evaluation of working systems
Ans: Program Increment (PI) System Demos are orchestrated to deliver objective
progress, product, and process Metrics.
* Build the system in increments, each which is an integration point that
demonstrates evidence of the solution feasiblity.
* Milestones based on objective evaluation of working systems.
Quiz Principle #6: Visualize and limit WIP
Ans: Three keys to implementing coninuous flow of value:
* Visualize and limit the amount of WIP to match demand to actual capacity
* Reduce the batch sizes of work. Smaller batches go through the system faster and
with lower variability.
* Manage queue lengths to decrease delays, reduce wate, and improve predictability
of outcomes.
Quiz Principle #9: Decentralize Decision Making
Ans: * Centralize strategic decisions, those that are infrequent, long lasting, and
have significant economies of scale. Decentralize all others.
* Provide clarity on organizational objectives and provide opportunities to exercise
and cultivate decision-making abilities.
* Openly discuss how to move authority for decisions closer to where the work is
performed.
* Establish a decision-making framework that equips knowledge workers with the
information to make good decisions.
* Apply lean budget guardrails to create alignment for decentralized decisions with
the appropriate controls.
Quiz Project cost-center budgets create the following:
Ans: * Overhead
* Friction
* Lower velocity
