Myth or Fact
Each Solution within a portfolio has its own Roadmap
FACT
►A Solution Roadmap is a schedule of events and Milestones that communicate forecasted Solution deliverables over a planning horizon.
►Roadmaps guide the development of the Solution over its natural lifecycle in alignment with the Portfolio Vision.
__________ support the Architectural Runway and future business functionality
Enabler epics
It is where stakeholders agree on the Epic’s intent and definition
Reviewing
Epics that exceed the epic threshold criteria are pulled into the reviewing state when WIP limits permit.
Value streams coordination is not required when they are long-lived and generally independent of each other.
FALSE
Companies may sell many products largely decoupled from each other. However, they have dependencies between them. Principle #2 – Systems Thinking informs us that value flows through these dependencies. There are challenges but there are also valuable opportunities to exploit.
What does the acronym LACE stand for?
Lean-Agile Center of Excellence
Portfolio Roadmap offers a comprehensive view across one single Value Stream
MYTH
Portfolio Roadmap offers a comprehensive view across ALL Value Streams
It integrates various aspects of lower-level Roadmaps into a more comprehensive view, which communicates the larger picture to the Enterprise stakeholders.
________ describe the early measures that will help predict the business outcomes
Leading Indicators
It holds Epics approved for implementation
Portfolio Backlog
It is used to maintain Epics that have been approved by LPM. They’re reviewed and prioritized on a periodic basis using WSJF.
Agile Program Management office support autonomously efficient, decentralized program execution and provide servant leadership.
FALSE
Agile Program Management Office provides servant leadership along with RTEs and STEs.
The enterprise architect provides technical guidance for the long-term evolution of technologies.
Many organizations are better served by redesigning the traditional PMO to become an Agile PMO (APMO).
TRUE
The people in the PMO have specialized skills, knowledge, and relationships with managers, executives, and other key stakeholders that are extremely useful in changing the ways of working.
Market Milestones identify opportunities for synchronization
FACT
The value of a release can plummet if the market-driven milestone is not realized
_________ is a cost estimation technique in which LPM, epic owners, and other relevant stakeholders collaborate on the placement of epics into bands of similar size
T-shirt sizing
It is used to capture all new big ideas
Funnel
Funnel is used for intake of new Epics
It is mandatory to ensure integration points across value stream after each iteration.
FALSE
When integrating solutions across value streams, it may not be possible to do full integration every iteration. Ensure integrations are done as frequently as economically possible. Understand the economic trade-offs with less or more frequent integration. Remember, the more frequently we integrate, the faster the learning.
LACE works applying the same iteration and PI cadences of the ARTs
LACE typically functions as an Agile team and applies the same iteration and PI cadences. This allows the LACE to plan and inspect and adapt in harmony with the ARTs, serving as an exemplar for Agile team behavior to leaders.
The Strategic Portfolio Review agenda should be consistent over time
MYTH
Each agenda should be specifically tailored toward the decisions needed to advance the portfolio
This ________ is the one responsible for shepherding the EPIC through the portfolio approval process and for guiding the EPIC through implementation
EPIC Owner
It is used for Epics that deserve more rigorous analysis and investment
Analyzing
Epics that make it to this state merit more rigorous analysis and require further investment.
Portfolio Roadmap offers a comprehensive view across all Value Streams listing all Solutions
FALSE
This roadmap is a roll-up of lower-level roadmaps which communicates the larger solution development picture to enterprise stakeholders.
NOT every Solution (if you have hundreds) will be listed. In this kind of structure, look for solution/product families or other groupings of the individual products.
Which are the three different LACE operating models?
Centralized, decentralized and hub-and-spoke
Business Owners ensure that investments are spent on the right things at the right time
FACT
Business Owners are uniquely qualified to ensure that the funding allocated to value streams is going toward the right things. They serve as a critical guardrail that ensures that the priorities of the ARTs and Solution Trains are in alignment with LPM, customers and Product and Solution Management.
Strategic Portfolio Review decisions should precede ________________
PI Planning
►The Strategic Portfolio Review typically occurs at least once per PI so that there is time to prepare for implementation prior to the next PI.
►Portfolio decisions that impact Value Streams are typically implemented on PI Planning boundaries
It is where the MVP for the Epic is built and evaluated
Implementing
The Epic Owner works with Agile Teams to begin the activities needed to develop the MVP and evaluate the business outcome hypothesis
A System Team dedicated to integrating work across the Value Streams can be helpful in coordinating releases
TRUE
Deploying integrated value across value streams depends on effective DevOps capabilities. These may even require dedicated or shared services and system teams that help integrate the solution into a portfolio level release.
What is it called the set of recommended LPM resources that organizations can leverage to create a learning organization that innovates and relentlessly improves?
LPM Grows