What is a portfolio in SAFe?
Lean Portfolio Management describes how a SAFe portfolio is a collection of Value Streams for a specific business domain in an Enterprise. Each value stream delivers one or more Solutions that help the enterprise meet its business strategy.
What is a portfolio in agile?
Agile Portfolio Planning: An Overview. Most organizations want or need to produce more than one product at a time. … Agile portfolio planning (or portfolio management) is an activity for determining which products or projects to work on, in which order, and for how long.
What is the main role of the SAFe portfolio?
A SAFe portfolio aligns strategy to execution via a collection of development value streams. … The Portfolio aligns enterprise strategy to portfolio execution by organizing the Lean-Agile Enterprise around the flow of value through one or more value streams.
What does portfolio level mean?
The Portfolio Level contains the principles, practices, and roles needed to initiate and govern a set of development Value Streams. This is where strategy and investment funding are defined for value streams and their Solutions.
Who is responsible for portfolio kanban?
The Epic Owner is responsible for guiding individual epics through the Portfolio Kanban system from identification through LPM approval. After the epic is approved, the Epic Owner works with Agile Teams to initiate the development activities necessary to realize the epic’s business outcome hypothesis.
What is the SAFe methodology?
The Scaled Agile Framework, or SAFe, methodology is an agile framework for development teams built on three pillars: Team, Program, and Portfolio. … It is designed not so much as a single methodology, but as a broad knowledge base of proven best practices that real teams have used to deliver successful software products.
What is a portfolio plan?
A portfolio plan is an overall strategy that guides day-to-day decisions on investing for the long term. Portfolio planning takes into account the investor’s goals and tolerance for risk, among other factors.
What is Portfolio Kanban?
The Portfolio Kanban system is a method to visualize and manage the flow of portfolio Epics, from ideation through analysis, implementation, and completion. … Each kanban system helps improve the flow of value through the Continuous Delivery Pipeline.
What is Portfolio backlog?
The portfolio backlog holds epics that have been approved and prioritized for implementation. … Therefore, portfolio epics are analyzed in the portfolio Kanban to establish feasibility, a Lean business case, and a Minimum Viable Product (MVP).
What drives the future state of the portfolio?
Strategic themes offer a way to align the business strategy of an Enterprise or Government agency with a SAFe portfolio. … They are the key differentiators that drive the future state of a portfolio.
What is an example of traditional mindset for lean portfolio management?
Explanation: The Centralized annual planning is a traditional mindset for the Lean Portfolio Management and this mindset has been found to inhibit the enterprise’s transition to agility because it does not prove to be a more effective approach to Lean Portfolio Management.
What is the primary focus of lean portfolio management?
The primary focus of lean portfolio management is to align Lean-Agile development with business strategy. Lean Portfolio Management represents the individuals with the highest-level of decision-making and financial accountability for a SAFe portfolio.
What is a portfolio PMP?
A portfolio is a collection of projects and programs that are managed as a group to achieve strategic objectives. … According to PMI and its PMBOK Guide, a portfolio includes, “Projects, programs, other portfolios, and operations managed as a group to achieve strategic objectives.”
What is the difference between project and portfolio?
A portfolio is a high-level view of all the projects an organization is running in order to meet the business’s main strategic objectives. … According to project manager Bob Buttrick, while project management is about executing projects right, portfolio management is about executing the right projects.
What exactly is Project Portfolio Management?
Project portfolio management (PPM) refers to a process used by project managers and project management organizations (PMOs) to analyze the potential return on undertaking a project. … Project portfolio management gives organizations and managers the ability to see the big picture.