An IS monitoring approach is described that is capable of monitoring the availability of various software components. A further capability is that the availability of the individual software components upon which a specific business logic process depends may each be individually and continuously checked, in a combined fashion that is referenced to the specific business logic process, so that the status of the business logic process itself (e.g., operable or non-operable) can be continuously determined on an on-going basis. Moreover, operability or non-operability can be established over a wide range of different business logic processes on a process by process basis. In various embodiments, the results of the monitoring may be continuously updated and displayed in a display so that an IS administrator can visually ascertain the status of the enterprise's various business logic processes.