ServiceNow® CIS-VRM Exam Actual Questions
Certified Implementation Specialist - Vendor Risk Management

ServiceNow® CIS-VRM Certified Implementation Specialist - Vendor Risk Management Exam

The ServiceNow® CIS-VRM Certified Implementation Specialist - Vendor Risk Management exam is designed to test the knowledge and skills of individuals who have experience in implementing and managing the ServiceNow Vendor Risk Management (VRM) application. This certification exam is aimed at professionals who have a good understanding of the VRM platform and its capabilities, and are able to demonstrate their expertise in using VRM to manage vendor risks and mitigate potential threats.

Exam Details:

• Cost: The cost of the CIS-VRM exam is $200 (USD).
• Passing Mark: The passing mark for the CIS-VRM exam is 75%.
• Time: The CIS-VRM exam is timed at 90 minutes.
• Delivery Method: The CIS-VRM exam is delivered online through a proctored, remote delivery platform.
• Format: The CIS-VRM exam consists of 60 multiple-choice and true/false questions.

Exam Objectives:

The ServiceNow® CIS-VRM Certified Implementation Specialist - Vendor Risk Management exam assesses the following objectives:

• Vendor Risk Management Fundamentals: This objective covers the basic concepts and best practices in VRM, including vendor risk identification, assessment, and mitigation. It also covers the implementation and management of VRM programs, as well as the use of VRM tools and techniques to monitor and manage vendor risks.
• Vendor Risk Management Processes: This objective covers the various VRM processes, including vendor onboarding and due diligence, ongoing monitoring and assessment, and the management of risk mitigation and remediation efforts. It also covers the use of VRM processes to manage vendor risk and compliance with internal policies and regulations.
• Vendor Risk Management Tools and Techniques: This objective covers the use of VRM tools and techniques, including questionnaires, audits, and risk assessments, to identify and assess vendor risks. It also covers the use of VRM tools and techniques to manage and mitigate vendor risks, as well as to monitor the effectiveness of VRM programs and processes.
• ServiceNow VRM Platform: This objective covers the ServiceNow VRM platform, including its capabilities, features, and functionality. It also covers the use of the ServiceNow VRM platform to manage vendor risks and compliance, as well as the configuration and customization of the platform to meet specific organizational needs.
• Vendor Risk Management Best Practices: This objective covers best practices in VRM, including risk management frameworks, standards, and methodologies. It also covers the use of VRM best practices to improve the efficiency and effectiveness of VRM programs and processes, as well as to ensure compliance with internal policies and regulations.

To prepare for the ServiceNow® CIS-VRM Certified Implementation Specialist - Vendor Risk Management exam, individuals should have a good understanding of the VRM platform and its capabilities, as well as hands-on experience in implementing and managing VRM programs. They should also be familiar with VRM processes, toolsrisk management concepts, as well as knowledge of relevant regulations and standards.

To increase the chances of success on the CIS-VRM exam, individuals can take ServiceNow training courses, such as the VRM Fundamentals, VRM Administration, and VRM Implementation and Customization courses. They can also gain hands-on experience by working on VRM projects and using the ServiceNow VRM platform.

Additionally, individuals can also refer to the ServiceNow VRM documentation, attend webinars, and join online forums to stay up-to-date on VRM trends and best practices. They can also take practice exams to test their knowledge and identify areas for improvement before taking the actual CIS-VRM exam.

By following these best practices and preparing effectively, individuals can increase their chances of success on the ServiceNow® CIS-VRM Certified Implementation Specialist - Vendor Risk Management exam and demonstrate their expertise in managing vendor risks and mitigating potential threats using the ServiceNow VRM platform.