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[General] CIS-TPRM New Exam Bootcamp & Mock CIS-TPRM Exams

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【General】 CIS-TPRM New Exam Bootcamp & Mock CIS-TPRM Exams

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ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions (Q70-Q75):NEW QUESTION # 70
Which method is recommended for managing third-party contacts to ensure streamlined communication?
Response:
  • A. Rotating contact roles periodically
  • B. Using a centralized contact management system
  • C. Assigning roles based on geographic proximity
  • D. Allowing third parties to self-manage contacts
Answer: B

NEW QUESTION # 71
What is an essential component to include when configuring a third-party risk assessment in ServiceNow?
Response:
  • A. A flexible framework that allows for different assessment criteria based on the type of third-party engagement
  • B. A fixed set of questions for all assessments, regardless of the third party,s role
  • C. An assessment tool that is only accessible to senior management
  • D. Static risk thresholds applicable to all third parties
Answer: A

NEW QUESTION # 72
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. Simplification of contract negotiations
  • C. Efficient allocation of risk management resources
  • D. Improvement in financial forecasting
Answer: C

NEW QUESTION # 73
What is a key consideration when developing a Third-party Tiering Configuration strategy?
Response:
  • A. Relying on third-party self-assessments only
  • B. The ability to downgrade vendors automatically based on performance
  • C. Incorporating both qualitative and quantitative risk indicators
  • D. Prioritizing short-term contracts
Answer: C

NEW QUESTION # 74
Effective Approval and Workflow Process Changes should result in:
Response:
  • A. Increased manual intervention in workflows
  • B. More streamlined and efficient risk management processes
  • C. Longer processing times for risk management activities
  • D. Decreased communication between departments
Answer: B

NEW QUESTION # 75
......
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