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CIS-TPRM Online Test Engine Total Questions: 167
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CIS-TPRM Desktop Test Engine Total Questions: 167
  • Installable Software Application
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CIS-TPRM PDF Practice Q&A's Total Questions: 167
  • Printable CIS-TPRM PDF Format
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ServiceNow CIS-TPRM Exam Syllabus Topics:

SectionObjectives
Integration and Automation- Automation workflows
  • 1. Notification and task automation
    • 2. Lifecycle automation
      - Platform integration
      • 1. Data ingestion from third parties
        • 2. Integration with ServiceNow GRC
          Risk Assessment and Management- Risk scoring and evaluation
          • 1. Risk rating methodologies
            • 2. Inherent vs residual risk
              - Issue management
              • 1. Finding remediation workflows
                • 2. Escalation processes
                  Reporting and Governance- Dashboards and reporting
                  • 1. Risk dashboards
                    • 2. Compliance reporting
                      - Audit and compliance
                      • 1. Audit trail management
                        • 2. Regulatory alignment concepts
                          Third-party Risk Management Fundamentals- TPRM concepts and lifecycle
                          • 1. Risk identification and assessment principles
                            • 2. Third-party onboarding process overview
                              Configuration and Implementation- Assessment setup
                              • 1. Vendor assessment templates
                                • 2. Questionnaire configuration
                                  - TPRM application configuration
                                  • 1. Core data model and tables
                                    • 2. Workflow configuration

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

                                      1. What role does automation play in the generation of third-party risk assessments?
                                      Response:

                                      A) It limits the assessment process to high-risk third parties only
                                      B) It ensures that assessments are conducted consistently and triggered by predefined criteria
                                      C) It reduces the accuracy of assessments by relying on automated processes
                                      D) It simplifies the assessment process by removing the need for human intervention


                                      2. What is a common challenge when conducting technical assessments as part of Third-party Risk Management?
                                      Response:

                                      A) Ensuring the assessment is completed within the organization,s budget
                                      B) Accessing accurate and up-to-date information from the third party
                                      C) Determining the legal framework applicable to the assessment
                                      D) Aligning the assessment with the organization,s marketing strategy


                                      3. In Contact Configuration, what is essential for ensuring effective communication?
                                      Response:

                                      A) Establishing a single point of contact for all communications
                                      B) Defining clear roles and responsibilities for each contact
                                      C) Limiting contact information to email addresses only
                                      D) Assigning multiple contacts for each third party without specific roles


                                      4. Third-party Risk Issues are considered inactive when they enter this state:
                                      Response:

                                      A) Finalize with Third Party
                                      B) Review
                                      C) Closed
                                      D) Submitted to Third Party


                                      5. A well-designed __________ helps in achieving a consistent and effective approach to managing third-party risks across the organization.
                                      Response:

                                      A) Task Allocation System
                                      B) Issue Resolution Protocol
                                      C) Approval and Workflow Process
                                      D) Third-party Risk Process Workflow


                                      Solutions:

                                      Question # 1
                                      Answer: B
                                      Question # 2
                                      Answer: A
                                      Question # 3
                                      Answer: A
                                      Question # 4
                                      Answer: C
                                      Question # 5
                                      Answer: D

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