Implementing LPM
LPM is a core competency of SAFe that seeks to align strategy with execution by applying lean and systems thinking approaches to three areas: strategy and investment funding, agile portfolio operations, and governance. LPM has grown in popularity since SAFe introduced its LPM certification in fall 2019. It provides methods for overcoming the challenges of traditional portfolio management approaches, which are inadequate in this age of software and digital disruption when companies operate under greater uncertainty while driven to deliver more innovative solutions faster to market. In this section, we uncover several portfolio management challenges and how Jira Align supports LPM practices to overcome them.
Identifying value streams
A prerequisite for LPM is the identification of value streams. Generally speaking, SAFe defines a value stream as a long-lived series of steps used to create value, from concept to the delivery of a tangible result for the customer...