Along with the coming of the information age, the excellent IT skills are the primary criterion for selecting talent of enterprises. ServiceNow Certification gives an IT a credential that is recognized in the IT industry. It can act as a passport to a well-rewarded job, smooth the path to promotion or higher earnings. Here, ServiceNow certification CIS-TPRM exam (Certified Implementation Specialist - Third-party Risk Management) is a very important exam to help you get better progress and to test your IT skills.
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ServiceNow CIS-TPRM Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Third-party Risk Management Fundamentals | - TPRM concepts and lifecycle
|
| Integration and Automation | - Automation workflows
|
| Risk Assessment and Management | - Issue management
|
| Configuration and Implementation | - Assessment setup
|
| Reporting and Governance | - Dashboards and reporting
|
ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions:
1. What is the most significant benefit of categorizing third parties based on the services they provide during the Third-party Portfolio Configuration process?
Response:
A) Standardization of service levels
B) Improvement in financial forecasting
C) Efficient allocation of risk management resources
D) Simplification of contract negotiations
2. What is the benefit of engaging with third parties for feedback on the risk assessment process?
Response:
A) It reduces the time required to complete assessments
B) It simplifies the assessment process by limiting the scope of questions
C) It allows third parties to take control of the assessment process
D) It enhances the assessment process by incorporating insights from third parties, leading to more effective risk management
3. What is the primary purpose of Third-party Portal Configuration?
Response:
A) To manage the third-party,s financial transactions
B) To configure the user interface design only
C) To track the personal information of third-party employees
D) To facilitate efficient interaction between the organization and its third parties
4. In the context of Third-party Portfolio Configuration, what is a best practice for maintaining an up-to-date risk profile?
Response:
A) Limiting assessments to high-risk vendors
B) Implementing real-time monitoring of third-party changes
C) Conducting annual reviews only
D) Relying on historical data
5. 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 offer a comparative analysis of third-party performance against peers.
C) They provide a standard for minimal acceptable performance.
D) They eliminate the need for internal risk assessments.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: B |


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