High privileged requirements for Microsoft Azure AD / Entra ID tenant request

Can someone here please explain why the RDM application wanted to become a highly privileged application in my Microsoft Azure AD / Entra ID tenant?

What would occur if the Global Administrator account approves the above request?
The RDM application is only used by 2 or 3 Senior engineers, so I'm not sure why the required approval above is tenant-wide.

Any help would be greatly appreciated.