You have to pass the LPM exam to receive the certification from SAFe. To increase the effectiveness of your study and make you familiar with the actual exam pattern, we have prepared this SAFe Lean Portfolio Manager sample questions. Our Sample SAFe Lean Portfolio Manager Practice Exam will give you more insight about both the type and the difficulty level of the questions on the SAFe Lean Portfolio Manager exam.
However, we are strongly recommending practice with our Premium Certified SAFe Lean Portfolio Manager (LPM) Practice Exam to achieve the best score in your actual SAFe LPM Exam. The premium practice exam questions are more comprehensive, exam oriented, scenario-based and exact match of SAFe Lean Portfolio Manager exam questions.
SAFe Lean Portfolio Manager Sample Questions:
01. How does an epic differ from a user story in Agile portfolio management?
a) Epics are smaller in scope than user stories.
b) Epics are used for high-level planning and represent larger initiatives.
c) User stories are created by project managers, while epics are created by stakeholders.
d) There is no difference; they are the same.
02. How does Lean Governance help reduce waste in portfolio management?
a) By increasing the number of portfolio initiatives
b) By allocating larger budgets to all portfolio initiatives
c) By decreasing stakeholder engagement
d) By streamlining governance processes, eliminating unnecessary steps, and reducing bureaucracy
03. How does a "Fixed Budget" approach to investment funding work?
a) The budget for each portfolio initiative is determined based on its actual expenses.
b) A fixed budget is allocated to each portfolio initiative, and the initiative must operate within that budget.
c) There is no budget allocated to portfolio initiatives.
d) The budget can be adjusted at any time during the initiative's lifecycle.
04. What is the first step in adopting Lean Portfolio Management?
a) Implementing agile practices at the team level
b) Launching a new product
c) Hiring a Lean Portfolio Manager
d) Defining the organization's strategic objectives
05. In Lean Governance, what role is responsible for ensuring that portfolio initiatives are in alignment with organizational strategy and compliance requirements?
a) Project Manager
b) Lean Portfolio Manager
c) Release Train Engineer (RTE)
d) Quality Assurance Analyst
06. What is the primary benefit of implementing Lean-Agile principles in portfolio management?
a) Increased project complexity
b) Reduced alignment with strategic goals
c) Improved visibility, transparency, and collaboration
d) Decreased stakeholder engagement
07. How is funding allocated to individual portfolio initiatives typically determined?
a) By project managers
b) By the funding board based on the strategic importance and expected ROI
c) By external investors
d) By the project team
08. In portfolio management, what does "ROI" stand for?
a) Return on Investment
b) Rate of Investment
c) Risk of Investment
d) Revenue from Investment
09. What is a common challenge when establishing a portfolio strategy and vision?
a) Lack of access to project management software
b) Difficulty in recruiting project managers
c) Resistance to change among team members
d) Too much alignment with organizational goals
10. What is the primary objective of applying Lean Governance in portfolio management?
a) To increase project complexity
b) To minimize the number of portfolio initiatives
c) To ensure alignment with strategic goals and compliance while reducing bureaucracy
d) To allocate the same budget to all portfolio initiatives
Answers:
Question: 01
Answer: b |
Question: 02
Answer: d |
Question: 03
Answer: b |
Question: 04
Answer: d |
Question: 05
Answer: b |
Question: 06
Answer: c |
Question: 07
Answer: b |
Question: 08
Answer: a |
Question: 09
Answer: c |
Question: 10
Answer: c |
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