The SAFe Lean Portfolio Management (LPM) Certification demonstrates your ability to align strategy with execution, optimize investments, and implement Lean portfolio management practices in the orginazations. This certification has a high demand in organizations which implement the SAFe framework. Passing the SAFe LPM Certification exam requires preparation, practice, and understanding the core principles of the SAFe. In this blog, we will discuss the step-by-step process to ensure that you are well prepared to pass the SAFe LPM exam on your first attempt.
What is the SAFe Lean Portfolio Management Certification?
The SAFe Lean Portfolio Management Certification is a globally recognized certification offered by Scaled Agile, Inc., designed for experienced professionals. It enhances your skills in aligning portfolio management with business strategy through lean principles. One should attend the training session and pass the exam to achieve the certification.
How to Pass the SAFe LPM Exam?
To pass the SAFe LPM Certification Exam be familiar with the following steps:
Step 1: Familiarize Yourself with the Exam Format
Before going into preparation, let us discuss the exam format and structure. Here are the key exam details:
Number of questions: 45 questions
Questions Format: Multiple choice, single select format
Duration of the exam: 90 minutes
Passing score: 77% ( which means out of 45 questions 35 questions need to be answered correctly)
Also, check the detailed SAFe LPM exam pattern here.
Step 2: Understanding the topics Covered in SAFe LPM Exam
Here is the list of topics covered in the SAFe LPM exam.
Topics | Description | Weightage |
Introducing Lean Portfolio Management |
| 12 - 14% |
Establishing Portfolio Strategy and Vision |
| 14-16%
|
Realizing Portfolio Vision Through Epics |
| 12-14%
|
Establishing Investment Funding |
| 16-18%
|
Managing Portfolio Flow |
| 16-18%
|
Applying Agile Portfolio Operations |
| 12-14%
|
Applying Lean Governance |
| 8-10%
|
Check out: SAFe LPM Course Syllabus
Step 3: Understand the SAFe LPM Exam Objectives
The SAFe LPM exam focuses on clear learning goals. You need to understand these well to feel prepared for the exam.
Key objectives
- Understanding the Lean Portfolio Management: Discover what lean portfolio management is and how it works with the SAFe Framework.
- Aligning Strategy with Execution: Learn how strategies translate into Agile objectives and how portfolio choices relate to business results.
- Lean Funding Mechanisms: Understanding about the Agile principles and how investment decisions are made through lean funding mechanisms.
- Value Stream Identification & Optimization: Understanding how to identify value streams and prioritise them to optimise the work flow.
- Portfolio Governance Practices: Understanding about how SAFe portfolio governance promotes accountability, strategy alignment, and planning.
These are the key objectives that you need to focus on while preparing for the SAFe LPM Exam.
Step 4: Enroll in SAFe LPM Course
Taking the official SAFe Lean Portfolio Management training course is an important step. These sessions are led by industry experts, who provide valuable insights into the SAFe framework and how it applies to managing portfolios.
Benefits of the SAFe LPM Training:
- Comprehensive Coverage: All essential topics are covered.
- Hands-On Learning: Engage with practical experience, case studies, and real-world scenarios.
- Study Materials: Gain access to the official resources like e-books, and study materials
- Practice Tests: Practice tests help you to reach the heights of success.
Enroll with official training partners accredited to Scaled Agile, Inc, such as Simpliaxis.
Step 5: Practice with Mock Exams and Sample Questions
By practicing with mock exams, you can understand the question paper pattern and how to manage the time. Practicing with sample questions will enhance your knowledge and help you pass the exam in the first attempt.
By enrolling yourself with Simpliaixs, you can avail for practice tests as well, which includes a variety of questions that are similar to the real exam environment.
Step 6: Master the SAFe Lean-Agile Principles
A comprehensive understanding of Lean-Agile principles is essential for successfully passing the SAFe LPM certification examination. It is important to ensure that you are familiar with the following aspects:
- The Lean-Agile mindset and how it applies to implementation of portfolio management.
- How to implement SAFe principles to align strategy with execution and optimize delivery flow.
- Practical tools such as Kanban boards, PI Planning, and Portfolio Canvas.
Most exam questions are based on real- world scenarios, so you need to demonstrate your ability to apply principles, not just recall facts.
Step 7: Focus on Real-World Application
The SAFe LPM exam is mainly focused on practical skills and applying concepts. Using real-life examples can help you in better understanding.
Scenarios to Consider:
- How would you implement Lean budgeting to fund value streams?
- What steps would you take to ensure alignment between strategy and portfolio objectives?
- How would you use Agile tools to ensure continuous improvement in portfolio governance?
Take time on these situations and practice your responses using SAFe principles.
Also, understand how to implement lean portfolio management.
Step 8: Join Study Groups and Engage with the Community
Learning with fellow mates can gain you new perspectives and valuable insights. Join forums, discussions groups, or communities to share knowledge and clarify doubts.
Recommended Communities
- LinkedIn SAFe Groups: Networking with other professionals and learners in the SAFe domain.
- Slack or Discord Study Groups: Engage with platforms focused on the Agile and SAFe certification preparations.
- Local Meetups or Webinars: Take part in events organized by SAFe-certified instructors.
Interacting with others can enhance your confidence and provide useful examtips.
Step 9: Create a Structured Study Plan
Create a clear study plan to guide your preparation.
Sample Study Plan:
- Week 1-2 : Focuses on the basics of Lean portfolio management principles and aligning the strategies.
- Week 3-4: Understand about Agile budgeting, financial transparency, and governance.
- Week 5: Take practice tests and focus on areas where you struggle.
- Daily: Spend at least 2- 3 hours reviewing study materials and solving questions.
Staying consistent is essential for understanding the content.
Step 10: Prepare for Exam Day
As exam day gets closer, ensure you are fully prepared:
- Review key concepts: Focus on the key concepts and difficult areas.
- Practice Under Exam Conditions: Take a last practice test exam in a quiet environment.
- Check Exam Logistics: Make sure you have access to the exam platform, stable internet connection, and a quiet place to take the exam.
On the exam day, stay calm, manage your time, and read each question carefully before answering.
Conclusion:
To earn the SAFe LPM Certificate, you need commitment, strategic planning, and practice. By enrolling yourself in the training course, you can have a clear understanding of key concepts.
Simpliaxis not only gives the training but also gives you practise materials aimed to help you pass the exam and achieve certification. With professional support and top-notch resources, you can approach the SAFe LPM examination with confidence and further your career in Lean Portfolio Management.