Apm 3 - Study guides, Class notes & Summaries

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...

Application Portfolio Management Service Now MainlineWhat 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 capabilitie...

APM PMQ LO2 Question and answers rated A+ 2024/2025 APM PMQ LO2 - Project Lifecycles What is a lifecycle? - correct answer A framework comprising a series of distinct high-level phases and stages required to transform an idea or concept into reality in an orderly and efficient manner Name and 3 lifecycles and state how predictive vs adaptive they are? (short) - correct answer • Linear - Predictive • Hybrid - In the middle • Iterative - Adaptive Define the Linear (waterfall...

Application Portfolio Management Service NowWith APM, you can address business challenges such as (5): - correct answer -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new functions -Conflict between in-house legacy applications and that of the vendors -Inadequate performance because of outdated applications Overcome business challenges with these APM processes (4): - correct ...

What is Application Portfolio Management? - correct answer "Application portfolio management (APM) is a framework for managing enterprise Business Applications and software-based services. APM provides management with an inventory of the company's software applications and metrics to illustrate the business benefits of each application. An APM system uses indicators and a scoring profile for generating reports about the value of each application and the health of the IT infrastructure as...

What are the five principles of project management professionalism? - correct answer *Breadth* - The APM Body of Knowledge (BoK) defines the knowledge needed to manage any kind of project *Depth* - The APM Competence framework shows the combined knowledge, skill and behaviour that a person needs to perform properly in a job or work role *Achievement* - In professional development qualifications *Accountability* - To the APM Code of Processional Conduct (ethics). *Commitment* - to continuin...

ACCA Question and answers rated A+ 2024/2025 ACCA: APM - General Current Developments In Management Accounting: Total Quality Management - correct answer Main idea: even though quality checks can prevent low quality goods of reaching customers, there will a lot of waste, hence it's important to control quality at every step or every process within the organisation Key points: 1. Every process has an identified process owner 2. Every person in an entity operates within a process and...

What is APM and what assistance does it provide an organization? Application Portfolio Management is a framework for managing enterprise Business Applications and software-based services. APM aids in - developing a comprehensive understanding of applications in the organization - identifying redundancy - decreasing budget/costs - identifying which applications to modernize/upgrade - deciding whether to invest, sustain or replace based on business need aligned to organizational goals ...

ETS MFT BUSINESS EXAM The principal difference between variable costing and absorption costing centers on: a) whether variable manufacturing costs should be included as product costs b) whether fixed manufacturing costs should be included as product costs c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs d) none of these. General Bikes is debating which marketing research options to employ. The traditional p...