COMPONENT MONITOR for a Server SERVICE and How to Target a a SPEIFIC APPLICATION?

COMPONENT MONITOR for a Server SERVICE and How to Target a a SPEIFIC APPLICATION?   

I don't see any default Monitors anywhere for this?  Or is there one or does it have to be built? 

And do you have any examples you can share for an ALERT Build and an Action?   The 'specific' one is the same question, but can it be down to an '.exe' Level (or going to a Server Level w/ a running Service it? 

Having lots of issues with this one in building the ALERT and Triggers!  The out put is just a SMTP email to a Group.  Anyone have a SUMMARY page they would like to share.

THANK YOUI FOR YOUR TIME WITH THIS TOO!  I REALLY APPRICIATE IT!   :)