Techniques for gathering information during runtime of a monitored system such that the information is available for facilitating diagnostics for the monitored system. In one embodiment, upon detection of a condition (such as an error condition) in the monitored system, a portion of the gathered information provides contextual information that facilitates gathering of diagnostic data that is relevant for the detected condition. This facilitates capturing of diagnostic data that is relevant for diagnosing the detected condition. The information gathered and stored during runtime may include information related to local variables, information related to tagged information (e.g., tagged functions/processes) executing in the monitored system, information related to potential impacts to the monitored system due to failures, metadata information, and other information.