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1) The document outlines seven key things that must be considered for successful virtualization of mission-critical applications. These include aligning projects with business goals, creating a full inventory, monitoring pre-virtualization performance, thinking beyond just consolidation, right-sizing virtual resources, decoupling hypervisors from management tools, and monitoring the end-user experience. 2) It emphasizes the importance of understanding current infrastructure, workloads, and licensing before virtualizing. Performance monitoring of applications pre-virtualization can identify suitable candidates. 3) The document recommends using third-party management tools that provide a unified view of both physical and virtual environments and can monitor from an end-user perspective across systems.



