Application Portfolio Management ServiceNow Mainline Question and answers already passed 2023/2024

Application Portfolio Management ServiceNow Mainline Question and answers already passed 2023/2024What does Application Portfolio Management (APM) provide? - correct answer Key capabilities to prioritize investments in application portfolio based on data such as risk, value and costs. Why do companies use APM? - correct answer To gain a comprehensive understanding of the applications within your organization, so you can: - identify redundancies and rationalization initiatives - decrease budgetary costs - manage business capabilities, and track technology lifecycles. Three common problems with organizations looking to do APM are? - correct answer 1) There are too many applications to maintain and support within their landscape. 2) Being able to identify the business capabilities and identifying any technical gaps in supporting those business capabilities.