Asset Management Digital and IT Asset Management

Question 1

What does IT Asset Management (ITAM) primarily track and manage?

Accepted Answer

Hardware, software, and digital assets throughout their lifecycle

Answer

ITAM encompasses the management of hardware, software licenses, cloud services, and other technology assets from acquisition to disposal.

Question 2

Which organization provides the ITIL framework that defines best practices for IT service and asset management?

Accepted Answer

AXELOS (formerly OGC)

Answer

AXELOS maintains the ITIL (Information Technology Infrastructure Library) framework, widely adopted for IT service management globally.

Question 3

Software Asset Management (SAM) is primarily concerned with:

Accepted Answer

Optimizing software license usage and ensuring compliance

Answer

SAM manages software licenses to ensure compliance with vendor terms, avoid audits, and optimize spending by eliminating unused licenses.

Question 4

Which cloud computing model charges users only for the resources consumed rather than requiring upfront hardware purchases?

Accepted Answer

Pay-as-You-Go (OpEx) Cloud Model

Answer

Cloud computing's pay-as-you-go model converts hardware CapEx to operational expenditure, changing how IT assets are acquired and managed.

Question 5

A Configuration Management Database (CMDB) stores information about:

Accepted Answer

IT assets (configuration items) and their relationships within the IT environment

Answer

A CMDB is a centralized repository of IT configuration items (CIs) and their interdependencies, supporting ITAM and incident management.

Asset Management Practice Test