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ServiceNow CIS-TPRM Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Integration and Automation | - Platform integration
|
| Reporting and Governance | - Audit and compliance
|
| Third-party Risk Management Fundamentals | - TPRM concepts and lifecycle
|
| Risk Assessment and Management | - Issue management
|
| Configuration and Implementation | - Assessment setup
|
ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions:
1. When considering Third-party Risk Assessment Configuration, what is a best practice for setting risk thresholds?
Response:
A) Tailoring thresholds to align with the organization's specific risk appetite and sector-specific risks.
B) Using industry averages as a one-size-fits-all threshold.
C) Keeping thresholds constant over time, regardless of changing external factors.
D) Setting arbitrary thresholds without reference to organizational risk appetite.
2. What is the impact of real-time issue tracking in third-party risk management?
Response:
A) It is unnecessary for low-risk vendors
B) It creates additional administrative burden
C) It slows down the resolution process
D) It allows for immediate action on emerging risks
3. 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 enhances the assessment process by incorporating insights from third parties, leading to more effective risk management
D) It allows third parties to take control of the assessment process
4. In managing international third-party contacts, what configuration consideration is critical?
Response:
A) Using a universal language for all communications
B) Limiting contact information to email addresses only
C) Centralizing all contacts in a single geographic location
D) Accounting for time zone differences and language preferences
5. What is a significant advantage of using dashboards in the Third-party Risk Management process?
Response:
A) They enhance the organization,s ability to monitor and respond to third-party risks promptly.
B) They eliminate the need for regular risk assessments.
C) They serve as a platform for third-party communication.
D) They increase the workload of risk management teams.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: D |



