What does IT asset management focus on?

Study for the ITIL 4 Exam. Prepare with interactive flashcards and multiple-choice questions, each question comes with hints and explanations. Get ahead in your certification journey!

IT asset management primarily focuses on tracking IT assets throughout their lifecycle. This involves obtaining, managing, and disposing of IT assets efficiently and responsibly. The lifecycle includes planning for acquisition, utilization, maintenance, and eventual disposal of assets. By tracking assets throughout their lifecycle, organizations can ensure optimal use of resources, compliance with regulations, and effective budgeting.

It is also important to note that effective asset management facilitates risk management and improves decision-making related to upgrades, replacements, and asset performance. This holistic view ensures that organizations maximize their value from IT investments while maintaining appropriate control over their resources. The other choices, while related to IT asset management, do not encompass the comprehensive scope that tracking assets throughout their lifecycle provides.

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