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ServiceNow CIS-TPRM Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Third-Party Portal and Collaboration | 18% | - Communication and notification setup - Request management: questionnaires, documents, evidence - Portal configuration, branding, and navigation - Access management and permissions |
| Reporting, Integration, and Compliance | 6% | - Compliance frameworks and regulatory alignment - Integration with GRC and other ServiceNow applications - Dashboards, reports, and analytics |
| Process Automation and Workflows | 19% | - Task assignment and tracking - Approval processes and escalation rules - Workflow design and customization - Issue and action item management |
| TPRM Application Overview and Core Configuration | 24% | - Risk domains, criteria, and scoring rules - Contacts and engagement setup - Risk intelligence and integration configuration - Application architecture and key components - Third-party record management and hierarchy |
| Assessment Configuration and Management | 33% | - Assessment lifecycle, scheduling, and generation - Scoring calculations and risk rating determination - Inherent Risk Questionnaire (IRQ) configuration - Questionnaire templates and scales setup - Assessment types: internal, external, due diligence |
ServiceNow Certified Implementation Specialist - Third-party Risk Management Sample Questions:
1. In the context of Third-party Portfolio Configuration, what is a best practice for maintaining an up-to-date risk profile?
Response:
A) Implementing real-time monitoring of third-party changes
B) Limiting assessments to high-risk vendors
C) Relying on historical data
D) Conducting annual reviews only
2. How does ServiceNow''s IntegrationHub enhance Third-Party Risk Management capabilities?
Response:
A) Through enabling easy integration with external data sources and systems
B) By limiting data access to a select few administrators
C) Through the manual input of data from third-party assessments
D) By providing aesthetic enhancements to the dashboard
3. How do technical assessments contribute to the overall Third-party Risk Management strategy?
Response:
A) By identifying potential technological risks that could impact the organization
B) By enhancing the third party's branding and market presence
C) By determining the third party,s customer service capabilities
D) By providing detailed financial analysis of third-party vendors
4. To effectively manage and resolve issues, it''s essential to have a robust __________ system in place.
Response:
A) Third-party Risk Issue Configuration
B) Workflow Approval Process
C) Vendor Onboarding Process
D) Task Management
5. Effective Third-party Tiering Configuration helps in:
(Choose two)
Response:
A) Prioritizing audit schedules based on the tier
B) Allocating resources more efficiently for risk assessment and monitoring
C) Decreasing overall operational costs
D) Reducing the time required for onboarding new third parties
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: B,C |
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