What is the purpose of the Interval setting in a CPM policy?

The Interval setting in a CPM policy is used to control how often the CPM looks for System Initiated CPM work, such as password changes, verifications, and reconciliations. The Interval setting defines the frequency, in minutes, that the CPM will check the accounts that are associated with the policy and perform the required actions. For example, if the Interval is set to 60, the CPM will check the accounts every hour and change, verify, or reconcile the passwords according to the policy settings. The Interval setting does not affect User Initiated CPM work, such as manual password changes or retrievals, which are performed immediately upon request. The Interval setting also does not control how long the CPM rests between password changes or the maximum amount of time the CPM will wait for a password change to complete. These parameters are configured in the CPM.ini file, which is stored in the root folder of the Safe. References:

[Defender PAM eLearning Course], Module 5: Password Management, Lesson 5.1: CPM Policies, Slide 9: CPM Policy Settings

[Defender PAM Sample Items Study Guide], Question 4: CPM Policy Settings

[CyberArk Documentation Portal], CyberArk Privileged Access Security Implementation Guide, Chapter 5: Managing Passwords, Section: CPM Policy Settings, Subsection: Interval