New Indicator form

  • Release version: Washingtondc
  • Updated February 1, 2024
  • 4 minutes to read
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    Summary of New Indicator Form for Application Portfolio Management

    The New Indicator form within the Application Portfolio Management (APM) module allows users to create and manage application indicators that evaluate applications based on various business metrics such as cost, quality, and user satisfaction. This functionality is crucial for assessing the overall value and performance of applications in an enterprise environment.

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    Key Features

    • Indicator Fields: Key fields include Name, Category, Short Description, Direction (Minimize/Maximize), Result Limit, Unit, Automatic Refresh Interval, Order, Frequency, Target Maximum/Minimum, Active status, CI Class, and Consider Absolute Values.
    • Data Source Configuration: Users can select from different data sources like Performance Analytics, Custom Script, Query Condition, Assessments, or Indicators to gather relevant data for the indicators.
    • Normalization and Consolidation: Users can implement scripts for scoring applications and choose aggregation methods (e.g., Average, Maximum, Minimum) for data consolidation.
    • Click-Through Navigation: Options to navigate to detailed views of application indicators via scripts and URL configurations enhance user experience and accessibility.

    Key Outcomes

    By utilizing the New Indicator form, ServiceNow customers can effectively monitor and evaluate their application portfolio, leading to informed decision-making regarding investments and improvements. The ability to customize indicators and configure data sources ensures that organizations can tailor metrics to their unique operational needs.

    Application indicators are business metrics that assess the applications across dimensions such as cost, quality, technical risk, investments, user satisfaction, and business value.

    Indicator form fields

    Field Description
    Name Name of the application indicator.
    Category Category that the indicator is associated with.
    Short description Short summary of the application indicator.
    Direction Business application with maximum or minimum values. Select Minimize if lower values are better. Select Maximize if higher values are better.
    Result limit The maximum number of records an indicator displays when running an associated script. This enables better performance of Enterprise Architecture by not processing too many records.
    Unit

    A number, currency, time, duration in minutes, hours, days, month, or quarter, or rate.

    You can also create units as per your requirements.

    Automatic refresh interval The refresh interval to update the indicator scores within the defined time range.
    Order The position of the indicator in the sequential order of all other indicators while accessing an application or capability.
    Frequency Frequency determines the interval at which the data for the indicator source should be collected.

    The Frequency field is not available when Performance Analytics is selected from the Data source list.

    Target maximum Maximum value for the indicator.

    The Target maximum field is not available when Assessments is selected from the Data source list.

    Active Select the Active option to enable the indicator.
    CI Class CI type for which the score is generated.
    Target minimum Minimum value for the indicator.

    The Target minimum field is not available when Assessments is selected from the Data source list.

    Consider Absolute Values Option to consider values from the Target maximum and Target minimum fields.

    This field is available only when values are entered in the Target maximum and Target minimum fields.

    When the check box is cleared, values for target maximum and target minimum are considered based on the intelligent logic.

    Table 1. Datasource Configuration section form fields
    Field Description
    Data source

    Defines the location from which the indicator receives data.

    • Performance Analytics: Collects scores from indicators created in Performance Analytics. See Performance Analytics indicators.
    • Custom Script: Allows you to write a script that collects data from another application. Beneath the Data Source field, a sample script appears. Customize the script as needed.
    • Query Condition: Allows you to select a table to run filters on to obtain data.
    • Assessments: Allows you to evaluate, score, and rank records by assessing records in a table. See Create metric types and generate assessable records. To view results of survey assessments within APM, see Generate survey assessments and view results within APM.
    • Indicators: Allows you to add dependent child indicators. Through the child indicators, data is gathered to the parent indicator.

      For example, if the parent indicator is number of issues, the dependent indicators can be number of incident counts, number of problems, and changes. These dependent indicators are child indicators and the number of incidents, problems, and changes recorded are consolidated up to the parent indicator as the number of issues.

    Indicator The Indicator field appears when Performance Analytics is selected from the Data source list.

    Indicators are statistics that are used to measure current conditions and forecast trends.

    Note:
    If the collection frequency of the application indicator is not greater than the frequency at which the data of the Performance Analytic indicator are generated, then the system displays an error message: Frequency of the indicator must always be greater than or equal to the frequency of the datasource configuration indicator. For more information, see Collection of PA indicator score data.
    Default breakdown Name of the Performance Analytics breakdown.
    Normalization script A script to evaluate and score business applications and capabilities using standardized metrics. It involves using indicators that provide a normalized score for the condition they are evaluating. These indicators can be based on assessments, query conditions, custom scripts, or performance analytics.
    Consolidation Computational method for aggregating the values, a function such as sum, average, maximum, or minimum.

    Default is Average. For example, Average is the sum of the monthly values divided by the total number of months in a quarter.

    If you select Maximum or Minimum, then it is the maximum value or the minimum value of a month in the quarter, respectively.

    If you select Sum, then it is an aggregate of all monthly values in the quarter.

    Assessment Metric Type Type of metric that is used to assess the indicator.

    Assessment Metric Type field appears when the Data source is Assessments.

    Assessment Metric Category Category of the metric.
    Table 2. Click Through section form fields
    Field Description
    Click through URL navigation type Select whether to view the application or capability indicator details in a new window, in the same window, or in a dialog box.
    Click through URL script The script associated with an indicator that allows users to select a URL and view the indicator data in a related application or dashboard. This enables quick access to relevant information, or actions related to the indicator data.