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ServiceNow CIS-TPRM Exam Syllabus Topics:

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

1. In Third-party Risk Issue Configuration, what is crucial for effectively tracking and resolving issues?
Response:

A) Developing a clear categorization and prioritization system for issues
B) Limiting issue reporting to senior management only
C) Using only automated systems for issue detection
D) Assigning a unique color code to each issue type

2. How does the use of standardized technical assessment frameworks benefit the Third-party Risk Management process?
Response:

A) It allows for more flexible contract terms with third parties
B) It ensures consistency and comparability in evaluating third-party risks
C) It reduces the need for continuous monitoring of third parties
D) It simplifies the negotiation process with third parties

3. The Third-party Assessment Portal should ideally allow for:
Response:

A) Customization according to the third party's branding preferences
B) Integration with risk management tools for comprehensive analysis
C) Real-time chatting with third parties without logging assessments
D) Submission of assessments by the organization,s employees only

4. In the context of third-party risk assessment generation, what is the primary benefit of using automated triggers and schedules?
Response:

A) Ensuring assessments are consistently conducted at relevant intervals
B) Reducing the need for risk management staff
C) Increasing the complexity of the risk management process
D) Limiting the scope of assessments to high-risk third parties only

5. In Third-party Contacts Configuration, what is the primary goal?
Response:

A) To determine the hierarchy of third-party organizations
B) To configure automated email responses
C) To track the geographical location of third-party contacts
D) To establish points of contact for risk management communication

Solutions: