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ServiceNow CIS-TPRM Exam Syllabus Topics:

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

Question 1

In the context of Third-party Security Scoring Configuration/Risk Intelligence, what is the significance of incorporating industry benchmarks?
Response:

A. They are used to determine the pricing of contracts.
B. They provide a standard for minimal acceptable performance.
C. They eliminate the need for internal risk assessments.
D. They offer a comparative analysis of third-party performance against peers.

Question 2

How can dashboards be customized in the ServiceNow GRC module for third-party risk management?
Response:

A. By adding non-relevant data sources to increase information density.
B. By changing the color scheme of the interface.
C. By selecting and organizing specific metrics relevant to the organization,s risk management goals.
D. By integrating social media feeds.

Question 3

In managing international third-party contacts, what configuration consideration is critical?
Response:

A. Limiting contact information to email addresses only
B. Accounting for time zone differences and language preferences
C. Using a universal language for all communications
D. Centralizing all contacts in a single geographic location

Question 4

Effective Approval and Workflow Process Changes should result in:
Response:

A. Longer processing times for risk management activities
B. Increased manual intervention in workflows
C. More streamlined and efficient risk management processes
D. Decreased communication between departments

Question 5

Which feature in ServiceNow GRC is crucial for ensuring continuous compliance monitoring of third-party risks?
Response:

A. Automated workflows and real-time data feeds
B. Manual data entry
C. Annual risk assessment schedules
D. Static risk reports

Solutions: