1. In SAFe, what does Participatory Budgeting means?

In Lean Portfolio Management (LPM), Participatory Budgeting (PB) is employed to distribute the complete portfolio budget among its Value Streams. This collaborative process involves allocating a share of the Enterprise's overall budget to each portfolio. Subsequently, LPM oversees the distribution of the portfolio budget to individual Value Streams, ensuring a transparent and collaborative approach to resource allocation within the Lean-Agile framework.

2. What is the main result of Participatory Budgeting in the SAFe framework?

By encouraging collaborations that help right-size investments and align strategy and execution, Participatory Budgeting guarantees that Value Streams receive the financing needed to drive solutions.

3. What are the benefits I will get after attending this workshop?

After attending this workshop, you can expect to:

• Provide the portfolio with the flexibility to alter budgets to meet rapidly changing customer and market needs.

• Give decision-makers the viewpoints of various stakeholders on the proposed epics and current solutions.

• Increase staff engagement and morale while fostering alignment and buy-in on challenging funding decisions.

• Increase budget ownership and produces more reasonable and realistic budgets than top-down budgets.

• Enhance communication and knowledge transfer between teams and leaders

4. Who should attend this workshop?

The following individuals would benefit from attending this workshop:

• Professionals involved in Lean Portfolio Management (LPM)

• Product and Solution Managers

• Enterprise and Solution Architects

• Business Owners

• Stakeholders from finance, marketing, or sales