what is the primary focus of lean portfolio management?

Lean Portfolio Management is applying lean thinking to managing enterprise, program and product portfolios to provide a fast and flexible flow of high-value work. However, portfolio strategy is much more than prioritization and selection of the best investments. Portfolio management teams learn about an enterprise’s strategy and allocate a budget towards the execution of that strategy.Like any portfolio, an LPM portfolio of investments is creatively determined and actively managed across the investment life cycle. These initiatives typically that require the collaboration of multiple value streams or to initiate entirely new value streams and ARTs.Portfolio flow describes the process of managing portfolio epics through their lifecycle, including limiting the number of significant and typically cross-cutting initiatives in progress to match the portfolio’s capacity.

Teilnehmer dieses SAFe® Lean Portfolio Management Trainings erlernen die Tools und Praktiken um die drei Lean Portfolio Management Bereiche Strategie und Finanzierung der Investitionen, Agile Portfolio Operations und Lean Governance einzuführen. Fortunately, many enterprises have already traveled this path, and the change patterns are apparent, as also shown in Figure 1. LPM uses the Successfully establishing flow requires knowing the total capacity available for new development work versus ongoing maintenance and support activities.

Lean governance closes the loop by measuring portfolio performance and supporting dynamic adjustments to budgets to maximize value.Collectively, these competencies work together to create superior economic outcomes.

Align Lean-Agile development with business strategy Related questions 0 votes. Each of these responsibilities is described next.Although many value streams operate independently, cooperation among a set of solutions can provide some portfolio level capabilities and benefits that competitors can’t match. As new information is learned about the solution set, including key performance metrics, the LPM function periodically reviews the portfolio canvas (e.g., quarterly) and explores different scenarios in which the portfolio could evolve to a better future state in alignment with the strategic themes.The road to a better future state must be developed by following architectural principles and practices that enable the evolution of the portfolio’s solution set. Architects help improve results by fostering Architectural Runway and offering architectural governance. Lean Portfolio Management may just be the most important development for online learning since the industry's adoption. 0 votes . asked Mar 4 in Agile by emanuela.scavizzi. Want to learn more? Neither images nor text can be copied from this site without the express written permission of the copyright holder.

Budgets are adjusted on cadence, typically every six months, or when significant events warrant, as part of the Strategic Portfolio Review or Participatory Budgeting Events (see below).Lean audit and compliance provide continuous adherence while minimizing overhead and supporting the ongoing flow of value. with Certified SAFe® Lean Portfolio Manager. Copyright © 2020 AgilityHealth. The total cost of the epic is the cost of the MVP, which proves or disproves the epic’s hypothesis, and the forecasted implementation cost if the epic hypothesis is proven true.Portfolio business and enabler epics are used to capture, analyze, and approve new business and technology initiatives. What best describes the next step for the Epic? Scaled Agile Framework and SAFe are registered trademarks of Scaled Agile, Inc.

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what is the primary focus of lean portfolio management?