Safe5 Lean Portfolio Manager - Quiz #1

What are two key inputs to participatory budgeting? (5.0.0) (choose the best two answers)
Choose ALL answers that apply.

Portfolio Epics and fixed cost.
Current Portfolio budget.
Business context.
Headcount allocation for the Value Stream.
Potential Value Stream Epics.

Which two Lean Portfolio Management practices will accelerate the flow of value to the customer? (5.0.0) (choose the best two answers)
Choose ALL answers that apply.

Calculate potential Return on Investment to identify shortest jobs.
Control Work in Process with a Portfolio Kanban system.
Adjust the Minimum Viable Product according to market demand.
Organize people around Value Streams/Agile Release Trains.
Maximize capacity utilization of the enterprise.

What are two key success factors in decentralized decision-making when giving control to others? (5.0.1) (choose the best two answers)
Choose ALL answers that apply.

Organizational clarity.
Technical competency.
An economic view.
Visualized goals.
Psychological ownership.

What are three advantages of organizing the portfolio around value streams? (5.0.1) (choose the best three answers)
Choose ALL answers that apply.

It contributes to higher quality.
It supports Leaner budgeting mechanisms.
It supports project cost accounting.
It supports existing organizational silos.
It contributes to faster phase-gate approval.
It contributes to more productivity.

In which two ways does Lean Portfolio Management optimize the flow of value? (5.0.1) (choose the best two answers)
Choose ALL answers that apply.

Limits the portfolio’s work in process.
Improves the speed of the phase-gate approval.
Improves with the inspect and adapt workshop.
Organizes Agile release trains around value.
Funds epics continuously.

Which two things do continuous verification and validation ensure? (5.0.1) (choose the best two answers)
Choose ALL answers that apply.

Non-functional requirements are not ignored.
The system works as designed.
User needs are met by the system.
All compliance defects are fixed.
There is traceability of requirements.

What is one of the Agile product management office responsibilities? (5.0.0)
Choose only ONE best answer.

Identifying Value Streams.
Managing the Lean Agile Center of Excellence.
Moving to objective milestones.
Integrating Lean-Agile SAFe practices.

What is a leadership activity of the Lean Agile Center of Excellence? (5.0.0)
Choose only ONE best answer.

Participating in Program Increment planning.
Determining lean budgeting.
Creating the Portfolio Vision.
Fostering Communities of Practice.

What are key outputs of participatory budgeting? (5.0.0)
Choose only ONE best answer.

New value stream budgets and an agreed upon list of Epics.
Funding for the next cycle and agreed upon Guardrails.
Vision and funded Roadmap.
Funding of value streams and an agreed upon value propositions.

Which item is included in the Portfolio Context? (5.0.0)
Choose only ONE best answer.

Qualitative data.
Strategic Themes.
Business Objectives.
Feature Roadmaps.

Why would a single Portfolio create multiple Portfolio Canvases? (5.0.0)
Choose only ONE best answer.

To account for different Value Streams.
To explore multiple future state possibilities.
To analyze multiple Epics.
To account for different funding sources.

Which configuration introduces the Lean Portfolio Management core competency? (5.0.1)
Choose only ONE best answer.

Large Solution SAFe.
Portfolio SAFe.
Full SAFe.
Essential SAFe.

Which solutions are guided by Horizon 1? (5.0.1)
Choose only ONE best answer.

Solutions emerging from Horizon 3.
Solutions whose value is approaching the cost of maintaining the Solution.
Solutions that have unproven potential.
Solutions that generate more value than investment.

What is an example of a good Strategic Theme? (5.0.1)
Choose only ONE best answer.

Increase customer engagement in our platform.
Increase shareholder wealth.
Maximize corporate value.
Become leaders in new markets.

Which elements are a part of the portfolio canvas? (5.0.1)
Choose only ONE best answer.

Value proposition, resources, and activities.
Value streams, Agile release trains, and epics.
People, process and technology.
Strategic themes, cost structure, and revenue streams.

To leverage opportunities that are predictable and require longer-term planning, what should Lean Portfolio Management seek to understand? (5.0.1)
Choose only ONE best answer.

Value stream funding.
Market events.
Strategic themes.
Market rhythms.

What is the recommended frequency to adjust value stream budgets? (5.0.1)
Choose only ONE best answer.

Semi-annually.
Quarterly.
Annually.
Monthly.

During which state in the Portfolio Kanban does a Lean business case get created? (5.0.1)
Choose only ONE best answer.

Funnel.
Analyzing.
Reviewing.
Portfolio Backlog.

What is weighted shortest job first used to identify? (5.0.1)
Choose only ONE best answer.

Prioritizing smaller jobs.
Sequencing for value delivery.
Placing dependencies in order.
Maximizing resource utilization.

What does the portfolio sync help achieve? (5.0.1)
Choose only ONE best answer.

Opportunity to refine lean business case documents.
An opportunity for portfolio owners to connect.
Visibility into progress towards the strategic objectives.
Consensus for strategic themes to approve for execution.

What does a SAFe Portfolio manage? (5.0.0)
Choose only ONE best answer.

Multiple products.
One or more development Value Streams.
Operational Value Streams.
Products across organizational units.

Safe5 Lean Portfolio Manager – Quiz #1

Safe5 Lean Portfolio Manager – Quiz #1

June 28, 2022

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