A monitoring system is arranged for automatically and dynamically discovering local applications running on servers in an enterprise-scale service environment as well as discovering external resources (both partitioned and non-partitioned resources) that the local applications use. The discovered objects and their dependencies are instantiated into a health map and the map is dynamically updated as applications and resources are added to and deleted from the enterprise-scale service environment. Health indicators such as events, performance counters, synthetic transactions, and SysLog and SNMP (Simple Network Management Protocol) service events for the mapped objects are monitored. The monitored health indicators are attributed to either the health of a local application or that of an external resource. Upon detection of a fault, the health map enables performance of root cause analyses and determination of the impact of the fault on the objects in the environment so that appropriate alerts can be raised.