Exam ITILFND V4 All QuestionsBrowse all questions from this exam
Question 196

Which practice has a purpose that includes the management of financially valuable components that can contribute to the delivery of an IT service?

    Correct Answer: D

    IT asset management is focused on the management of IT assets which are financially valuable components that contribute to the delivery of an IT service. This includes keeping track of their financial value, determining when to upgrade or retire assets, and ensuring they are utilized effectively. Therefore, IT asset management aligns perfectly with the purpose described in the question.

Discussion
RickyQOption: D

IT asset management is a practice with the goal of keeping tabs on all IT assets, in order to assess when to make changes and identify which changes to make. IT asset management helps you gain visibility of your assets in order to see the value delivered by each piece. We can sum up the two main activities in ITAM as: 1. Tracking the financial value of each asset—that is, how much value the asset is providing to the company. 2. Determining when to upgrade/retire/expire assets due to depreciation or end-of-lifing.