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ServiceNow CIS-TPRM Exam Syllabus Topics:

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

1. What is a critical outcome of properly configuring Third-party Security Scoring?
Response:

A) Enhanced transparency in vendor selection processes
B) Increased vendor satisfaction
C) Improved negotiation leverage with vendors
D) Simplified compliance reporting

2. In the context of Third-party Risk Assessment Calculations, how should dynamic changes in the external environment be handled?
Response:

A) Integrated into risk calculations to reflect current risk exposures.
B) Ignored, to maintain consistency in the assessment criteria.
C) Handled separately by a different department unrelated to third-party risk management.
D) Noted but only considered during annual review cycles.

3. In the context of Contact Configuration, what is the impact of poorly defined roles?
Response:

A) Decreased clarity and potential delays in addressing issues
B) Enhanced security and data protection for both parties
C) Improved scalability and flexibility in managing contacts
D) Increased efficiency in communication and problem resolution

4. Tiering third parties based on risk and criticality aids in:
Response:

A) Focusing risk management efforts where they are most needed
B) Reducing the number of third-party vendors
C) Simplifying contract negotiations
D) Eliminating the need for security scoring

5. In the context of Third-party Risk Management, what role do technical assessments play?
Response:

A) They are used to determine the third party,s pricing strategy.
B) They provide insights into the third party,s market position.
C) They help evaluate the third party,s compliance with IT security standards and protocols.
D) They ensure that the third party is able to meet the organization,s performance requirements.

Solutions: