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

Which scheduled job must be run daily to assess software model risk and business application risk?

1. Compute Application Service Risks

2. Load TPM Risk Parameters

3. Generate Application Performance Reports

4. Update Application Ratings

The correct answer is: Load TPM Risk Parameters

The correct choice is to load the TPM (Technology Portfolio Management) risk parameters daily, as this is essential for assessing software model risk and business application risk. Regularly loading these parameters ensures that the risk assessment for applications remains current and reflects any changes in the application landscape or the organization's risk appetite. The process encompasses updating the risk parameters necessary for the evaluation of application risks, which can influence decision-making for application management, investment, and prioritization. By executing this job every day, the organization can maintain accurate and timely assessments of application and software risks, allowing stakeholders to respond proactively to emerging risks and align strategies effectively. Other options focus on different aspects of application management. For instance, generating application performance reports is important for understanding how applications are performing but does not specifically address risk assessment. Similarly, updating application ratings and computing application service risks involve specific evaluations and adjustments that may not capture the broader context of the risk parameters necessary for comprehensive daily risk assessment.