SAFe 5.1 Lean Portfolio Manager (LPM) Exam Questions

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SAFe 5.1 Lean Portfolio Manager (LPM) exam information is available for you to study. There are 45 questions in the real Lean Portfolio Manager exam, and you have 90 minutes to finish the test. The required passing score for the Scrum Lean Portfolio Manager exam is 71%. We provide the latest SAFe 5.1 Lean Portfolio Manager (LPM) exam questions, which are valuable in the preparation. Free Scrum Lean Portfolio Manager exam questions are below.

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1. Which of the following artifacts contains the steps and the people who develop solutions used by operational value streams?

Operational value streams

Portfolio Road map

Development value streams

Portfolio Canvas

Strategic Themes

2. Which Portfolio investment Horizon usually consumes the majority of a portfolio budget?

Horizon 1

Horizon 2

Horizon 3

Horizon 0

3. Which of the following Events is not an LPM event? (Choose three)

I&A

Strategic Portfolio Review

Participatory Budgeting

IP Iteration

ART Lunch

Portfolio Sync

4. When applying WSJF technique, which of the following is considered as a good proxy for project duration

The Job Size

The Cost of Delay

The Time Criticality

The WIP limit

The user Business value

5. Which if the following roles has a key roles in lean governance? (Choose three)

Solution Management

Business Owners

Enterprise Architect

Solution Train Engineer

Solution Architect/Engineer

Agile PMO / LACE

6. The benefits of organizing people in value streams include: (Choose three)

Enables long-lived, stable teams

Additional handoffs and delays

Supports leaner budgeting mechanisms

Contributes to higher quality and more productivity

Limits faster learning and shorter time-to-market

7. What do Customers really buy?

Epics

User Stories

Whole Product Solutions

Capabilities

Development Value Streams

Features

8. When calculating the cost of delay, which of the following does not reflect the time criticality?

What is the revenue impact on our business?

Is there a fixed deadline?

What is the current effect on customer satisfaction?

Will they wait for us or move to another solution?

9. In a lean startup, after the MVP hypothesis was not proven, It was noted that one feature in the MVP gets far more traction and interest that other features.

Which type of pivot should be taken:

Zoom-in pivot

Customer segment pivot

Customer need pivot

Value capture pivot

10. At which of the portfolio Kanban board stages an Epic is Pulled when Epic is no longer a portfolio concern?

Done

Analyzing

Implementing MVP

Reviewing

Portfolio Backlog

Implementing Preservers

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11. Which of the following are not a common problem for the traditional budgeting model? (Choose two)

Fast Flow of value is favored over full resource utilization

Lower fidelity decisions

Faster, easier budgeting process

Temporary teams lower overall performance

12. Sequence jobs (Epics) for maximum benefit relates to which SAFe Principle?

#2 Apply systems thinking

#4 Build incrementally with fast, integrated learning cycles

#1 Take an economic view

#5 Base milestones on objective evaluation of working systems

#10 Organize around value

13. Which of the following is a characteristic of the Lean-Agile Approach? (Choose two)

Fund Value Streams, lean budgets and guardrails

Overly detailed business case based on speculative ROI

People are organized around value streams / ARTs

Project governed by phase gates, waterfall milestones, progress measured by task completion.

14. Epic Cost Estimates are usually done using:

ROAM Risks

3 Points Estimates

T-Shirt Sizing

Confidence Voting

Modified Fibonacci Scale

15. Which of the following decisions should be decentralized? (Choose three)

Response to defects and emerging issues

Product strategy

Commitment to a standard technology platform

Team and Program Backlog Prioritization

Standard development languages

Shipping a release to a specific customer

16. Program Epics exist in which of the following Artifacts

Portfolio Kanban

Product Kanban

Program Kanban

Solution Kanban

17. Which of the following LACE operating models applies Centralized funding for LACE personnel, tooling, and coaching?

Hub-and-spoke

Decentralized

Centralized

Value streams

Network

18. Programmatic objective Milestones include all the following except: (Choose three)

Transparency Metrics

Learning Metrics

Process Metrics

Product Metrics

Progress metrics

19. The quantifiable measures used to evaluate how a Value Stream is performing against its forecasted business outcomes are the

LPM Self-Assessment

OKRs

LPM Grows

LPM Metrics

Value Stream KPls

20. Epics represent:

Large collection of features

Collection of planned capabilities

Significant opportunity

Collection of development value streams

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21. The following are essential factors when estimating the Portfolio Epic duration: (Choose three)

Related Development Values Stream Canvas

Capacity allocation for each of the assigned ARTS

Historical Velocity of Assigned ARTS

Related ART Canvas

Epic Size in Story points for each ART

PI Roadmap

22. Which if the following is not an example of lean budget guardrail? (Choose two)

Owner engagement

Approving significant initiatives Continuous Business

Inspect and Adapt sessions

Applying capacity allocation to optimize value and solution integrity

Guiding investments by horizon

Forming Solution Trains

23. Who has the overall responsibility for guiding a portfolio to a set of integrated Solutions?

Solution Portfolio Management

APMO

Solution Train Engineer

Release Train Engineer

Solution Architect/Engineer

24. Which of the following does not reflect a Fixed Mindset? (Choose two)

I am inspired by the success of others

I can either do it, or I cannot

Failure is the limit of my abilities

I Like to try new things

25. Which roadmap offers a comprehensive view across all value streams in the organization?

PI Roadmap

Solution Roadmap

3PI rolling roadmap

Portfolio Roadmap

26. An agile contract should include the ability to all the following except: (Choose two)

Provide a measured approach to investment that can vary over time and stop when sufficient value has been achieved

Provide complete and continuous visibility and objective evidence of solution fitness

Exploit variability via adaptive responses to requirements as new knowledge emerges

Optimize the economic value for all parties in both the short- and long-term

Ends as specified by the customer in a flexible way to his discretionary

Risk to be shifted to the supplier to ensure continuity of payment.

27. Which of the following are keys to Unlock the intrinsic motivation of knowledge workers? (Choose two)

Centralize Strategic Decisions

Decentralize non-strategic decision

Create an Environment of Mutual Influence

A Lightweight Thinking Tool for Decision-Making

Provide Autonomy with Purpose, Mission, and Minimum Possible Constraints

28. In SAFe Lean Startup Cycle, which of the following is a possible output of a pivot decision? (Choose two)

Development Continues, epic state: persevere

Create new epic and hypothesis

Development stops, epic state done

Build and Evaluate the MVP

Continue until WSJF determines otherwise

29. The Review Epic and program execution issues Occurs during the

Participatory Budgeting Forum

Strategic Portfolio Review

Portfolio Sync

PI Planning

Business Agility Assessment

30. Which of the following is a typical APMO role? (Choose three)

Creating alignment around organizational changes

Integrating SAFe practices and fostering communities of practice

Facilitates Lean budgeting and coordinates portfolio governance

Facilitates the portfolio sync

Works with the LACE to develop, harvest, and apply successful program execution patterns across the portfolio

Communicating the business need for SAFe

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31. Which of the following artifacts describes the development value streams, and capture information regarding partners, resources, and economics?

ART Canvas

Epic Hypothesis Statement

Portfolio Canvas

Feature Benefit Hypothesis

32. Traditional Project Portfolio Management is characterized by : ------ (Choose three)

Funding development Value Streams

Big up-front annual plan and budget

Rolling wave planning and budgeting

Funding Projects

People organized in functional silos

People organized in Value Streams/ARTs

33. In the portfolio Kanban Board, which process state Brings structure to Epic analysis and go/no-go decision?

Funnel

Portfolio Backlog

Implementing Preservers

Reviewing

Implementing MVP

Analyzing

34. Strategic Themes are differentiating business objectives, and they do not:

Connect the Portfolio to the Enterprise strategy

Provide context for Lean budgeting

Drive the future state of a portfolio

Provide context for the Portfolio Vision

Drive the up-front annual plan and budget

35. When planning for the participatory budget forum, all the following should be considered except

Each group is given the total portfolio budget equally

Each group should have participants from different value streams

Better to include a mix of roles in each group

The budget is divided within each group according to their level of seniority

36. The Lean Portfolio Management competency aligns strategy and execution by applying ….. to strategy and investment funding, Agile portfolio operations, and governance? (Choose two)

Agile PMO

Center of excellence

Lean Approach

Traditional Approach

Systems Thinking

37. What are the three essential collaborations LPM provide to realize its responsibilities? (Choose three)

Teams of Agile Teams

Agile portfolio operations

Strategy and investment funding

House of Lean

Lean governance

38. Net Promoter Score (NPS), first response time, mean time to resolution, customer experience score, cost per ticket are examples of KPIs to which type of value streams?

A web service for attracting and retaining users

Support Value Stream for products or services

Professional services delivery Value Stream

Online membership Value Stream

Software or hardware development Value Stream

Product Value Stream

39. The Improved employee satisfaction, higher employee engagement are desired benefit measured by which of the following LPM metrics?

Partner and vendor surveys

Net Promoter Score (NPS)

Employee surveys

Business Agility Self-assessment

Objectives and Key Results (OKRs); LPM Self-Assessment

40. Which of the following is not part of Portfolio Sync event agenda?

Review the results of MVPs and determine whether to pivot, persevere, or stop

Plan for cross Value Stream dependencies and releases

Review Epic and program execution issues

Review and action Lean Metrics

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41. The Flow Metric Measuring the portion of time backlog items are actively worked on to the total time elapsed is the

Flow distribution metric

Flow Predictability metric

Flow Efficiency metric

Flow time metric

Flow load metric

Flow Velocity metric

42. Which of the following is part of traditional regulatory and compliance concerns? (Choose three)

Visualize all relevant work

Verification and validation

Quality, safety, security, and efficacy

Specifications

Take ownership and responsibility for errors

Communicate the mission, vision, and strategy

43. Epic decomposition can occur during which of the following events

Portfolio Backlog refinement

Budgeting Forum (Participatory Budget)

Strategic Portfolio Review

Portfolio Sync

ART Sync

Measure and Grow Workshop

44. The Net Promoter Score (NPS) LPM metric serves which of the following Goal?

Employee Engagement

Customer Satisfaction

Partner Health

Program Predictability

Portfolio Performance

Time to Market

45. Which of the following LPM Events is focused on achieving and advancing the Portfolio Vision?

Business Agility Assessment

Portfolio Sync

Participatory Budgeting Forum

PI Planning

Strategic Portfolio Review

46. Who has the overall responsibility to provide technical guidance for the long-term evolution of technologies and platforms and larger nonfunctional requirements?

Solution Portfolio Management

APMO

Solution Train Engineer

The Enterprise Architect

Solution Architect/Engineer

47. Metrics that measure internal or external activities, but do not correlate to desired business results are known as

Fake Metrics

Vanity Metrics

Media Metrics

False Metrics

48. Which of the following is a typical APMO role? (Choose two)

Establishing objective Metrics

Fosters more Agile contracts and leaner Supplier and Customer partnerships

Providing coaching and training to ART stakeholders and teams

Facilitating Value Stream identification workshops

Fosters decentralized Pl Planning and operational excellence

49. Which of the following is a characteristic of the Lean-Agile Approach? (Choose two)

Strategic demand managed by portfolio Kanban; decentralized intake by value streams and ARTs

Big up-front, top down, annual planning and budgeting

Value Stream Budgets adjusted dynamically, participatory budgeting

Centralized, unlimited work intake, project overload

50. After Analyzing the results of participatory budgets, all the following actions can take place except

Organizational changes are coordinated with functional business units

LPM communicates the change to key leaders

Changes to the total portfolio budget are approved by LPM

Adjustment to Development value streams to align with new budgets as needed

Page 6 of 6

51. A SAFe portfolio is a collection of

Product Solutions

Features

Epics

Capabilities

Development Value Streams

User Stories

52. Solution Epics exist in which of the following Artifacts

Solution Kanban

Product Kanban

Portfolio Kanban

Program Kanban

53. Who has the responsibility to ensure that Investments are spent on the right things at the right time?

LPM

Epic Owner

Business Owners

Product Management

Product Owner

Solution Management

54. Portfolio Epics sometimes may be split into: (Choose three)

Story points

Features

Program Epics

Solution Epics

Portfolio level Initiatives

SAFe 5.1 Lean Portfolio Manager (LPM) Exam Questions