Apm 3 - Study guides, Class notes & Summaries

With APM, you can address business challenges such as (5): - ️️-Redundant applications for similar functions -Increasing cost of owning and maintaining applications -Increasing demand to upgrade the existing applications for new functions -Conflict between in-house legacy applications and that of the vendors -Inadequate performance because of outdated applications Overcome business challenges with these APM processes (4): - ️️-Classify -Measure -Analyze -Plan APM uses the fo...

Problem: There is no single repository of applications. Applications are tracked in multiple spreadsheets. What is a solution? Correct Answer: Solution: APM is a single centralized system stores the applications inventory and all related data. Problem: There is no single definition of an application. For example - is SAP an application? What is a solution? Correct Answer: Solution: APM provides an unambiguous definition of a business application. Problem: The business value provided by an ...

With APM, you can address business challenges such as (5): -Redundant applications for similar functions -Increasing cost of owning and maintaining applications -Increasing demand to upgrade the existing applications for new functions -Conflict between in-house legacy applications and that of the vendors -Inadequate performance because of outdated applications Overcome business challenges with these APM processes (4): -Classify -Measure -Analyze -Plan APM uses the following Key Soluti...

ServiceNow Application Portfolio Management Question and answers correctly solved 2024/2025 ServiceNow Application Portfolio Management (APM) - Module 3 You need to have admin privileges to install APM? (t/f) - correct answer True Steps to enable the APM plugins - correct answer Navigate to the plugins module > search for Application Portfolio in the names column > click on the application portfolio management link Are dependent plugins automatically activated when you insta...

APM PMQ Question and answers 100% correct 2024/2025 APM PMQ 1.1 Explain three difference between functional and matrix organisation structures. - correct answer 1. Who to report to. 2. Individual skills/experience. 3. Progression for members. 1.1 Explain three difference between functional and project organisation structures. - correct answer 1. Who to report to. 2. Duration of team. 3. Individual skills/experience. 1.2 Explain two ways in which a organisational breakdown stru...

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

Application Portfolio Management ServiceNow Mainline Question and answers rated A+ 2024 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 c...