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ServiceNow CIS-TPRM Exam Syllabus Topics:

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

1. What actions can occur in the Third-party Portal?
Response:

A) Submit an incident
B) View Project Gannt Charts
C) Manage Third-party Contacts
D) Respond to a Third-party Risk Assessment

2. What does Core Configuration typically involve in Third-Party Risk Management systems?
Response:

A) Setting user permissions and roles
B) Customizing report templates
C) Defining risk assessment methodologies
D) All of the above

3. What is the primary driver for implementing Third-party Risk Management in an organization?
Response:

A) To reduce the cost of outsourcing services
B) To improve the organization's public image
C) To comply with regulatory requirements and protect the organization from third-party risks
D) To enhance marketing efforts

4. What is an essential component to include when configuring a third-party risk assessment in ServiceNow?
Response:

A) Static risk thresholds applicable to all third parties
B) An assessment tool that is only accessible to senior management
C) A fixed set of questions for all assessments, regardless of the third party,s role
D) A flexible framework that allows for different assessment criteria based on the type of third-party engagement

5. Effective Third-party Tiering Configuration helps in:
(Choose two)
Response:

A) Reducing the time required for onboarding new third parties
B) Decreasing overall operational costs
C) Prioritizing audit schedules based on the tier
D) Allocating resources more efficiently for risk assessment and monitoring

Solutions: