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ServiceNow Application Portfolio Management (APM) - Module 2 Questions and Answers 100% Solved $15.49   Add to cart

Exam (elaborations)

ServiceNow Application Portfolio Management (APM) - Module 2 Questions and Answers 100% Solved

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ServiceNow Application Portfolio Management (APM) - Module 2

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  • August 13, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • SAFe APM
  • SAFe APM
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Dreamer252
ServiceNow Application Portfolio
Management (APM) - Module 2


What does Application Portfolio Management (APM) provide? - answer Key capabilities
to prioritize investments in application portfolio based on data such as risk, value and
costs.

Why do companies use APM? - 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? - answer1) 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? - answer1) Soiled working between
multiple teams

2) Lots of tools to track those application portfolios

What is a typical use-case that application portfolio management supports? -
answerThe key one there is creating that authoritative list of applications, their related
entities, and agreed upon attributes.

How does APM Stand Out? - answerStrategic Portfolio Management (SPM) tools are
essential to digital transformation and ServiceNow just debuted as a leader in a new
Forrester SPM Wave report.

- Solutions come from a variety of backgrounds, i.e. PPM, APM, and Agile - ServiceNow
is unique - the only vendor to provide all these capabilities on a single platform!

Application Portfolio has Multiple Stakeholders, Multiple Interests? (t/f) - answerTrue

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