Lesson 5 Flashcards
What is the role of Lean Portfolio Management?
governs each SAFe portfolio, providing three essential collaborations to realize its responsibilities:
1) strategy and investment funding
2) agile portfolio operations
3) Lean Governance
slide 229
What is provided to establish flow?
Portfolio kanban
slide 230
Can a business have more than one SAFe portfolio?
yes, larger business can have multiple, typically one for each line of business/BU/division
slide 231
What is the portfolio canvas?
a template for identifying a specific SAFe portfolio, that defines the domain of the portfolio and key elements
slide 232
What are the 3 horizons?
1) core business most (current)
2) emerging opportunities (near future)
3) ideas (long term dreams)
slide 233
What are strategic themes?
differentiating, specific, and itemized business objectives that connect a portfolio to the strategy of the Enterprise
slide 238
What is TOWS primarily used for?
identifying strategic options to create a better future state
slide 242
What does the portfolio canvas capture?
current state
slide 243
what is an epic?
a container for a significant Solution development initiative that captures the more substantial investments that occur within a portfolio.
Source: Scaled Agile Framework
How do you govern epic flow?
Portolio kanban
slide 246
what are the parts of the portfolio kanban?
1) funnel
2) reviewing
3) analyzing
4) portfolio backlog
5) implementing - MVP
6) Implementing - Persevere
7) Done
slide 247
What is a MVP?
A minimum viable product (MVP) is a version of a product with just enough features to satisfy the customer
source: google
What are the four guardrails of a Lean Budget?
1) Apply investment horizons
2) continuous business owner engagement
3) approve epic initiatives
4) utilize capacity allocation
slide 257
How do you control costs?
increased flexibility
slide 256
Should you fund projects or value streams?
value streams
slide 254
