Certified Implementation Specialist (CIS) Application Portfolio Management (APM) Practice Exam

In the context of technology management, what does “demand” refer to?

1. The need for new applications

2. The request for updates or retirements of technologies

3. The volume of application users

4. The availability of technology resources

The correct answer is: The request for updates or retirements of technologies

In technology management, “demand” specifically pertains to the requests made for updates or retirements of technologies. This encompasses the active needs of the business or organization to modify existing technological solutions based on factors such as performance, relevance, and alignment with current business goals. This demand is driven by various reasons, including the desire to enhance functionality, integrate new features, or discontinue outdated technologies that no longer meet user requirements or organizational standards. By understanding demand in this context, organizations can make informed decisions about technology investments and lifecycle management, ensuring that their technology portfolio remains effective and aligned with business objectives. The other options, while relevant to technology management, address different aspects. The need for new applications focuses on what to develop rather than changes to existing technology. The volume of application users indicates demand but doesn't specifically relate to the aspects of requests for changes. The availability of technology resources pertains more to supply rather than demand. Thus, the concept of demand in technology management accurately aligns with the need for updates or retirements of existing technologies.