Lean Portfolio Management Flashcards
SAFe Portfolio
- Collection of development value streams
- Each stream builds, supports, and maintains solutions
Portfolio Canvas
- template for identifying a specific portfolio
- Defines the domain and other key elements
Elements of Enterprise Strategy Formulation
- Vision, mission, core values
- Portfolio context - vision, budget guardrails, outcomes, flow, competency
- Portfolio budgets
- Strategic themes
- Competitive environment
- Financial goals
- Distinctive competence
- Enterprise business drivers
SWOT
Strengths, Weaknesses, Opportunities, Threats
helps identify portfolio’s future state
TOWS
Matrix that combines multiple items within SWOT (strength, weakness, opportunity, threat), for example,
Business Epic
Enabler Epic
Portfolio Epic
Business - directly delivers business value
Enabler - support architectural runway, future business functionality
Portfolio - typically span multiple value streams and PIs
Epics need (3)
- Lean business case
- definition of MVP
- epic owner and approval by LPM
Lean Budgets: Fund value streams, not …
Projects
- no costly delays
- no resource reassignment
- no blame game for overruns
Budget Guardrails
Portfolio-level budgeting, spending, and policies
1. ensure mix of near and long term strategy and growth
2. balance backlog of new features and architectural runway
3. ensure epics are approved appropriately
4. engage BOs to ensure ART priorities are correct
Manage epic flow with
Portfolio Kanban
- makes largest initiatives visible
- helps prevent unrealistic expectations
- sets WIP limits
Portfolio Kanban
Reviewing > Analyzing > Ready > Implementing > Done
LPM
Lean Portfolio Management
Inputs to portfolio canvas
Strategic themes
How’s the flow of portfolio epics managed
Portfolio Kanban
What is used to capture the current state of the portfolio
Portfolio canvas
