ServiceNow Application Portfolio
Management (APM) - Module 2
What 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.
3) Identify technology risks in terms of what software supporting those
applications may be coming to end-of-life or end-of-support.
What are two challenges that organizations have? - correct answer ✔1)
Soiled working between multiple teams
2) Lots of tools to track those application portfolios
Management (APM) - Module 2
What 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.
3) Identify technology risks in terms of what software supporting those
applications may be coming to end-of-life or end-of-support.
What are two challenges that organizations have? - correct answer ✔1)
Soiled working between multiple teams
2) Lots of tools to track those application portfolios
