competency describes how Lean-thinking people and Agile teams optimize their business processes, evolve strategy with clear and decisive new commitments, and quickly adapt the organization as needed to capitalize on new opportunities
The portfolio level roles, events, and artifacts
The full spanning palette
Figure 1. SAFe Portfolio
A SAFe portfolio aligns strategy to execution via a collection of development value streams. Operating under a common governance model, each value stream provides one or more solutions the enterprise needs to accomplish its business mission. The Portfolio aligns enterprise strategy to portfolio execution by organizing the Lean-Agile Enterprise around the flow of value through one or more value streams. Delivering the basic budgeting and necessary governance mechanisms, including Lean Budget Guardrails, it helps assures that the Value Streams are focused on building the right things with the appropriate level of investments in solutions in order for the portfolio to meet its strategic objectives.
The remainder of this article describes the highlights, roles, events, and artifacts present in the portfolio level (Figure 2). These items are in addition to the ones described in Essential SAFe.
– The portfolio Vision is a description of the future state of a portfolio’s Value Streams and solutions and describes how they will cooperate to achieve the portfolio’s objectives and the broader aim of the Enterprise
– Enterprise architects work across value streams and ARTs to help provide the strategic technical direction that can optimize portfolio outcomes
The following events support the alignment of strategy with execution:
Portfolio Sync – The Portfolio Sync provides visibility into how well the portfolio is progressing toward meeting its strategic objectives and may include reviewing value stream and program execution and governance of other portfolio investments
and other relevant stakeholders to right-size the investments in value streams and helps manage the approval process of epics in the portfolio Kanban
Strategic Portfolio Review – This event enables LPM to create alignment and investment guidance to inform rapid, high quality, decentralized decisions; adapt to meet changing needs; and provide governance necessary to effectively respond to new and changing opportunities
The following artifacts help describe the strategic intent of the portfolio solution set:
– Captures and reflect the new business capabilities that can only be provided through cooperation among value streams. Each Epic is supported by the Epic Hypothesis Statement, and Lean Business Case for those epics that make it to the analysis state
– The highest-level backlog in SAFe, it holds approved business and enabler epics that are required to create a portfolio solution set. This provides the competitive differentiation and/or operational efficiencies necessary to address the strategic themes and facilitate business success
– The portfolio canvas defines the value streams that are included in a SAFe portfolio, the value propositions and the solutions they deliver, the customers they serve, the budgets allocated to each value stream, and other key activities and events required to achieve the portfolio vision
 Leffingwell, Dean. Agile Software Requirements: Lean Requirements Practices for Teams, Programs, and Portfolio. Addison-Wesley, 2011.