ServiceNow Certified Implementation Specialist CIS-TPRM

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ServiceNow CIS-TPRM Exam Syllabus Topics:

ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions:

1. In the context of Third-party Risk Assessment Calculations, how should dynamic changes in the external environment be handled?
Response:

A) Integrated into risk calculations to reflect current risk exposures.
B) Ignored, to maintain consistency in the assessment criteria.
C) Noted but only considered during annual review cycles.
D) Handled separately by a different department unrelated to third-party risk management.

2. How does effective Third-party Portal Configuration impact the overall risk management process?
Response:

A) By significantly increasing the time required to manage third-party risks
B) Through the automation of risk assessment processes, improving efficiency and accuracy
C) By making the risk management process completely hands-off for the organization
D) Reducing the importance of direct communication with third parties

3. In the context of Contact Configuration, what is the impact of poorly defined roles?
Response:

A) Decreased clarity and potential delays in addressing issues
B) Improved scalability and flexibility in managing contacts
C) Enhanced security and data protection for both parties
D) Increased efficiency in communication and problem resolution

4. The primary purpose of Third-party Contacts Configuration is to:
Response:

A) Catalog third-party contacts based on geographical location
B) Ensure seamless payment processes to third parties
C) Facilitate effective communication and escalation paths for risk management
D) Monitor the performance metrics of third-party contacts

5. In the context of ServiceNow Third-Party Risk Management, what is the role of "Assessment Templates"?
Response:

A) To ensure consistency and completeness in risk assessments
B) To create templates for social media postings
C) To provide a standard format for decorating the office
D) To standardize email signatures across the organization

Solutions: