SAFe 6.0 - Lean Portfolio Management (LPM) Practice Test 1|Answered 100% Correctly, Exams of Business Systems

Download SAFe 6.0 - Lean Portfolio Management (LPM) Practice Test 1|Answered 100% Correctly and more Exams Business Systems in PDF only on Docsity! SAFe 6.0 - Lean Portfolio Management (LPM) Practice Test 1|Answered 100% Correctly What is a responsibility of an Agile program management office (APMO)? Directing the Lean-Agile Center of Excellence (LACE) Centralizing funding for tooling and coaching Defining value stream budgets Fostering Agile contracts and partnerships Fostering Agile contracts and partnerships What is a good practice for participatory budgeting? Invite the technical subject matter experts Mix value streams and roles for each group Bring as many people as possible Give each person money based on their role Mix value streams and roles for each group What drives the future state of the portfolio? Market cycles Features Continuous exploration Strategic themes Strategic themes What are two potential outputs of a strategic portfolio review (Choose two.) Updated strategic themes Advanced epics through the Portfolio Kanban system Addressed cross-value stream coordination Assessed portfolio context Addressed portfolio blocks and impediments Updated strategic themes; Assessed portfolio context; What is a technique used in Lean budgeting to solve the challenge of having more good ideas than available funds? Decentralized decision making Participatory budgeting Work in process (WIP) limits Inspect & adapt (I&A) Participatory budgeting Continuous compliance Innovation accounting Portfolio performance reviews Capacity allocation Innovation accounting Who defines the portfolio epic threshold? Epic owners Lean portfolio management (LPM) The solution train engineer (STE) The enterprise executive Lean portfolio management (LPM) What is the purpose of an epic's minimum viable product (MVP)? To minimize the scope of an epic To reduce the cycle time for delivery of new features To test assumptions and gather objective data To deliver the minimum value needed for return on investment (ROI) To test assumptions and gather objective data Which statement is true about epic cost range? They need to be precisely known before work can start They are actual rolled up costs post implementation They should be tailored to the portfolio context They should match work breakdown structures They should be tailored to the portfolio context The Lean business case should be created during which state of the portfolio Kanban? Reviewing Funnel Analyzing Implementation Analyzing What are the three keys to implementing flow? (Choose three.) Visualizing and limiting work in process (WIP) Using relative sizing Centralizing strategic decisions Reducing batch sizes Ensuring full resource utilization Managing queue lengths Reducing batch sizes; Managing queue lengths; Visualizing and limiting work in process (WIP); Which SAFe principle does weighted shortest job first (WSJF) support? Organize around value Economic prioritization Ignore sunk costs Take an economic view Take an economic view Which function of strategy and investment funding occurs during the portfolio sync? Adjust value stream budgets Pivot or continue with an Epic Discuss compliance concerns Review value stream metrics Projects Value Streams Which SAFe concept describes the differentiating business objectives that connect a portfolio to the enterprise strategy? Strategic business objectives Strategic intent Strategic goals Strategic themes Strategic themes We have an expert-written solution to this problem! What are two outputs of enterprise strategy formulation? (Choose two.) Portfolio budgets Agile release Train (ART) backlog items Investment horizons Strategic themes Lean budget guardrails Strategic themes; Portfolio budgets; What is one way to imagine the future state of the portfolio? Aggregate strategic themes into a cohesive plan Explore by first creating a research enabler Synthesize the enterprise roadmap into the portfolio Establish alternatives using TOWS analysis Establish alternatives using TOWS analysis Which two actions might occur during strategic portfolio review? (Choose two.) Adjust guardrails Create an enterprise strategy Update the portfolio canvas Evaluate program increment (PI) objectives Hire a new portfolio manager Adjust guardrails; Update the portfolio canvas; What is the recommended method to forecast epic implementation cost? T-shirt sizing Weighted shortest job first (WSJF) estimation Story points Modified Fibonacci sequence T-shirt sizing Why is it necessary to estimate epic costs? To understand the detailed implementation cost To understand the cost range established by internal teams To understand how to allocate resources to the epic To understand the potential investment required To understand the potential investment required In the SAFe Lean Startup Cycle, which question drives the decision to pivot or persevere? Is the epic completed? Is the business case created? Is weighted shortest job first (WSJF) completed? Is the hypothesis proven? We have an expert-written solution to this problem! Who is responsible for technical guidance when coordinating values streams at the portfolio level? Solution architect Enterprise architect System architect Portfolio architect Enterprise architect When is the correct time to integrate across value streams? As soon as possible if it is economically feasible As soon as the customer is willing As soon as the systems are ready for a solution demo As soon as the business owners want As soon as possible if it is economically feasible Which dedicated group helps coordinate releases across value streams? Communities of practice System team Shared services Portfolio governance System team What is one responsibility of Agile portfolio operations? Coordinating value streams Which metric will show increased productivity across the portfolio and the Program Backlog? Feature capacity allocation per Program Increment Feature count per Program Increment Feature cycle time during the Program Increment Program Increment Feature burn-down chart Feature cycle time during the Program Increment What is an example of a vanity metric? Market share Net promoter score (NPS) Feature percent complete Sales conversion rate Feature percent complete How many key performance indicators (KPIs) per value stream are typically sufficient? 1 – 3 8 – 10 11 – 13 4 – 7 4 - 7 What can be done to build security compliance into the development process? Introduce a security compliance iteration every second program increment (PI) Establish a security compliance review Outsource security compliance testing Include security compliance into the definition of done Include security compliance into the definition of done When is it appropriate to have a centralized Lean-Agile Center of Excellence (LACE)? When there are core practices that need to be shared When a small- or medium-sized company has a single portfolio When funding is centralized