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ServiceNow CIS-TPRM Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Application Configuration | 25% | - Configure third-party types and categories - Configure questionnaire templates - Configure risk assessment templates - Configure TPRM foundational elements |
| Third-party Management | 20% | - Implement third-party lifecycle management - Configure SLA requirements - Track third-party relationships and tiers - Manage third-party registry |
| Questionnaire Management | 20% | - Build questionnaires using sections and questions - Configure questionnaire workflows - Create and manage questionnaires - Assign questionnaires to third parties |
| Risk Assessment and Scoring | 20% | - Configure risk calculation models - Define risk thresholds and matrices - Implement inherent and residual risk scoring - Automate risk scoring workflows |
| Remediation and Monitoring | 15% | - Create and track remediation tasks - Generate risk dashboards and reports - Configure monitoring workflows - Implement due diligence processes |
ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions:
Question 1
In Third-party Risk Issue Configuration, what is crucial for effectively tracking and resolving issues?
Response:
A. Assigning a unique color code to each issue type
B. Limiting issue reporting to senior management only
C. Using only automated systems for issue detection
D. Developing a clear categorization and prioritization system for issues
Question 2
How does categorizing third parties by their criticality in Third-party Portfolio Configuration affect resource allocation?
Response:
A. It simplifies budgeting processes
B. It standardizes service levels across all vendors
C. It reduces the overall risk profile of the organization
D. It ensures that high-criticality vendors receive more focused risk assessments
Question 3
In designing a Third-party Assessment Portal, why is it important to consider user feedback from third parties?
Response:
A. User feedback is only important if it comes from high-risk third parties
B. To ensure the portal meets the needs of its users and encourages compliance
C. Because third-party feedback is a legal requirement in all jurisdictions
D. To comply with international regulations on digital interfaces
Question 4
What role does Policy and Compliance Management play in ServiceNow''s GRC module?
Response:
A. It solely manages the financial transactions of the organization.
B. It manages and automates the lifecycle of policies and compliance processes.
C. It tracks the personal interests of employees.
D. It ensures that all employees follow the dress code.
Question 5
What is a significant advantage of using dashboards in the Third-party Risk Management process?
Response:
A. They serve as a platform for third-party communication.
B. They eliminate the need for regular risk assessments.
C. They increase the workload of risk management teams.
D. They enhance the organization,s ability to monitor and respond to third-party risks promptly.
Solutions:
| Question 1 Answer: A | Question 2 Answer: C | Question 3 Answer: B | Question 4 Answer: B | Question 5 Answer: C |
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