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ServiceNow CIS-TPRM Exam Syllabus Topics:

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

1. What challenge might an organization face when integrating third-party technical systems with its own?
Response:

A) Achieving complete alignment of branding strategies
B) Managing the public relations impact of the integration
C) Ensuring seamless communication across different technical platforms
D) Aligning the third party,s financial goals with the organization,s

2. How does ServiceNow enable continuous monitoring of third-party risks?
Response:

A) Using a physical bulletin board updated monthly
B) By sending weekly emails to third parties asking if anything has changed
C) Through the integration of real-time data feeds and automated workflows
D) By requiring manual checks on a daily basis

3. What is the advantage of tailoring assessment questions to the specific services provided by a third party?
Response:

A) It allows for a more accurate assessment of the risks associated with the specific third-party engagement
B) It reduces the frequency of required assessments
C) It ensures that all third parties are treated identically
D) It simplifies the risk management process by standardizing questions across all assessments

4. What is a key consideration when developing a Third-party Tiering Configuration strategy?
Response:

A) The ability to downgrade vendors automatically based on performance
B) Incorporating both qualitative and quantitative risk indicators
C) Relying on third-party self-assessments only
D) Prioritizing short-term contracts

5. Which key component should be prioritized during the initial setup of Third-party Portfolio Configuration to ensure a comprehensive risk assessment?
Response:

A) Risk and criticality tiers
B) Service categories
C) Contract lengths
D) Financial transactions

Solutions: