Which statement about Epics is true?

• A. Epics carry centralized initiatives
• B. Epics are small tasks for a single team
• C. Epics are mid-level tasks used for portfolio planning
• D. Epics are unrelated to budgeting

Answer: (C)

Epics are large, cross-team initiatives that live at the portfolio level and drive investment decisions. They require a business case and go through the Portfolio Kanban to obtain funding, linking strategy to funded work. Because they span multiple teams and often multiple PIs, Epics are sized and analyzed to support budgeting and planning across the value streams, rather than being small tasks for a single team. They are not unrelated to budgeting, and they aren’t simply centralized one-off efforts; their purpose is to guide portfolio planning and allocate resources to substantial, strategic initiatives.