Lean Portfolio Management Certification Training Benefits
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Benefits of Lean Portfolio Management Certification:
1. Maximize value
Lean Portfolio Management can create more value and align the team structures around that value. You can get better project outcomes this way.
2. Time to market
You can become an innovator by using Lean Portfolio Management, as it increases time to market by streamlining the delivery of the most important product or task. If the time to market is fast, then the business can collect data about its offerings and provide more value.
3. Quick pivots
One of the main business capabilities of a business is to pivot in changing situations quickly. However, it becomes difficult to do so when the portfolio is more complex. With Lean Portfolio Management, you can make quick pivots achievable. You can create cross-functional and self-organizing teams around the major value streams.
The traditional portfolio management approach was not designed to keep up with today’s changing business environment. Working with Lean-Agile teams in the traditional organizational environment is impossible. Lean Portfolio Management can empower companies to work more effectively by not wasting time and prioritizing customer needs. Unlike the traditional portfolio management approach, teams can get involved in decision-making in Lean Portfolio Management. Work is delegated to the team, and value is provided. Here the team members focus on funding the most important work. Plans are made to provide the maximum value to the customers.
In case of the traditional portfolio management, the funding is centrally controlled by the finance department and is approved based on a detailed project plan. But in this case, the fund is released on a need-to basis. No hefty project plan is required to release the fund, and so it is possible to get the fund to keep the work going and deliver the outcome quickly.
So, is it worth becoming a certified Lean Portfolio Manager? With the popularity of the Lean Portfolio Management certification and the number of high-paid jobs available for these professionals, it is worth getting this certification. If you are still unsure why you wish to take the Lean Portfolio Management certification, you should read blogs about it. The training centers that offer this course also provide testimonials from certified professionals. All these resources will tell you whether Lean Portfolio Management certification is worth it. Once you obtain this certification, you will learn about the Lean Portfolio Management practices, tools, and techniques to manage funds in the portfolios you work on. You can work as a team and provide better outcomes that will satisfy the customers. This certification will help you excel in your career in this field and make you an expert in teaching others about Lean Portfolio Management techniques. You will become valuable for the companies you work for.
Lean Portfolio Management Certification course Overview
Key Features
Who All Can Attend This Lean Portfolio Management Certification course?
Any individual who is interested in pursuing LPM Certification can attend this 3 day SAFe® LPM certification program. Below are the few job roles that get benefited but not limited to:Prerequisites To Take Lean Portfolio Management Certification Training
There are no prerequisites required to attend the course. However, the following prerequisites are highly recommended:
- Familiarity with Agile concepts and principles
- Attended Leading SAFe or SAFe PM/PO course
- Experience working in a SAFe environment
- Upskill or reskill your teams
- Immersive Learning Experiences
- Private cohorts available
- Advanced Learner Analytics
- Skills assessment & benchmarking
- Platform integration capabilities
- Dedicated Success Managers
- Upskill or reskill your teams
- Immersive Learning Experiences
- Private cohorts available
- Advanced Learner Analytics
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Next Cohort starts in 2 days
The age-old planning strategy methods, making investment targets and managing portfolios using concepts like a work breakdown structure, quarterly planning, and detailed GANT style project plans have become out-dated and no longer reliable methods. The Lean Portfolio Management offers an excellent solution for all these problems by aligning the business strategies to the organization's objectives and values without compromising on the innovation. So, organizations' demand for Lean certified professionals has become an exponential need in recent times, and hence, the Lean Portfolio management training makes professionals handle the organization's Lean requirements.
Skills Focused
- Understanding the role of Lean Portfolio Management in a Lean-Agile organization.
- Exploring the benefits and challenges of implementing Lean Portfolio Management.
- Overview of the Lean-Agile mindset and principles.
- Aligning portfolio strategy with business goals and objectives.
- Techniques for prioritizing and selecting strategic initiatives.
- Approaches to portfolio funding and financial management.
- Implementing Lean budgeting practices to support Agile delivery.
- Techniques for allocating and managing funds within a portfolio.
- Establishing governance and decision-making frameworks.
- Optimizing the flow of work through the portfolio.
- Techniques for visualizing and managing the flow of value.
- Managing capacity and demand within the portfolio.
- Applying Agile and Kanban practices to portfolio operations.
- Techniques for managing work in progress (WIP) and bottlenecks.
- Implementing portfolio-level Kanban boards and metrics.
- Overview of Agile Program Management and its role in Lean Portfolio Management.
- Techniques for identifying and managing value streams.
- Coordinating and aligning Agile Release Trains (ARTs) and teams.
- Strategies for ensuring compliance and risk management within the portfolio.
- Techniques for measuring and monitoring portfolio performance.
- Balancing autonomy and alignment within the organization.
- Strategies for driving and leading Lean-Agile transformation at the portfolio level.
- Overcoming resistance to change and fostering a culture of continuous improvement.
- Managing stakeholders and communicating effectively.
- Reviewing the key concepts and knowledge areas covered in the course.
- Practice exams and quizzes to prepare for the Lean Portfolio Management certification exam.
Career Path
Certification Process
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