Scaled Agile Framework (SAFe) Lean Portfolio Management Practice Exam

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Master SAFe Lean Portfolio Management with flashcards and multiple choice questions. Prepare effectively with detailed explanations and hints. Achieve success and confidence for your exam!

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Why is it crucial to adjust value stream budgets over time?

To maximize the return on epic investment
To generate cost savings
To ensure minimal variance in project budgets
To take advantage of emerging opportunities

The correct answer is: To take advantage of emerging opportunities

Adjusting value stream budgets over time is crucial because it allows organizations to take advantage of emerging opportunities. In a dynamic business environment, conditions can change rapidly due to market shifts, technological advancements, or new customer needs. By revisiting and recalibrating value stream budgets, organizations can reallocate resources to align with these changes and prioritize initiatives that will deliver the most value in the current context. This adaptability is a key principle in Lean Portfolio Management, emphasizing flexibility and responsiveness to maximize value delivery. Without the ability to adjust budgets, organizations might miss out on potential high-value opportunities that arise unexpectedly. Taking advantage of these opportunities ensures that investments are aligned with the most pressing business goals and strategic objectives, ultimately driving growth and improving competitive advantage.