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>> CIS-SPM Latest Guide Files <<
Prominent Features of ServiceNow CIS-SPM Exam Practice Test Questions
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ServiceNow Certified Implementation Specialist - Strategic Portfolio Management Sample Questions (Q46-Q51):
NEW QUESTION # 46
In which table can you find cost information for a specific fiscal period?
- A. cost_plan
- B. cost_plan_breakdown
- C. pm_project
- D. expense_line
Answer: B
Explanation:
According to the ServiceNow documentation1, the cost_plan_breakdown table stores the cost information for a specific fiscal period. This table contains the fields such as cost plan, fiscal period, amount, and currency. The other options are incorrect because:
B . pm_project: The pm_project table stores the information about projects, such as name, description, state, and status2.
C . cost_plan: The cost_plan table stores the information about cost plans, such as name, type, and project3.
D . expense_line: The expense_line table stores the information about expense lines, such as expense type, amount, and date4.
1: https://docs.servicenow.com/bundle/vancouver-it-business-management/page/product/project-management/reference/r_CostPlanBreakdownTable.html 2: https://docs.servicenow.com/bundle/vancouver-it-business-management/page/product/project-management/reference/r_ProjectTable.html 3: https://docs.servicenow.com/bundle/vancouver-it-business-management/page/product/project-management/reference/r_CostPlanTable.html 4: https://docs.servicenow.com/bundle/vancouver-it-business-management/page/product/project-management/reference/r_ExpenseLineTable.html
NEW QUESTION # 47
Why is it recommended to keep the value of the property 'com.snc.project.task.max_task_duration' to 2600 or under?
- A. The system is unable to handle more than 2600 tasks.
- B. To avoid application memory issues.
- C. Because projects longer than 2600 days will no longer load.
- D. Best practices states projects should be no longer than 5 years.
Answer: B
NEW QUESTION # 48
What is the demand workbench used for?
Choose 2 answers
- A. Comparing demands with portfolios
- B. Comparing and prioritizing demands against other demands
- C. Approving demands
- D. Approving ideas
Answer: A,B
Explanation:
Explanation
The demand workbench is a feature of ServiceNow Demand Management that allows you to view and assess business demands in a single place. You can use the demand workbench to compare demands with portfolios and see how they align with your strategic goals and objectives. You can also use the demand workbench to compare and prioritize demands against other demands based on their scores, risks, and benefits. You can find more information about the demand workbench in the Product Documentation for ServiceNow.
NEW QUESTION # 49
On the demand form, what does the Discount Rate impact?
- A. Net Present Value (NPV).
- B. ROI.
- C. Internal Rate of Return %.
- D. Financial Benefit.
Answer: A
Explanation:
Explanation
According to the ServiceNow documentation1, the discount rate on the demand form impacts the net present value (NPV) of the demand. The NPV is the difference between the present value of the benefits and the present value of the costs of the demand. The discount rate is the rate used to discount future cash flows to their present value. A higher discount rate means that future cash flows are worth less in the present, and vice versa. The other options are incorrect because:
A: ROI: The ROI (return on investment) is the ratio of the net value to the estimated cost of the demand. The discount rate does not affect the ROI, as both the net value and the estimated cost are based on the present value of the cash flows2.
C: Financial Benefit: The financial benefit is the sum of the present value of the benefits of the demand. The discount rate does not affect the financial benefit directly, but only indirectly through the NPV calculation3.
D: Internal Rate of Return %: The internal rate of return % (IRR) is the discount rate that makes the NPV of the demand equal to zero. The discount rate does not affect the IRR, but rather the IRR is derived from the NPV equation4.
1:
https://docs.servicenow.com/bundle/vancouver-it-business-management/page/product/demand-management/refe
https://docs.servicenow.com/bundle/vancouver-it-business-management/page/product/demand-management/conc
https://docs.servicenow.com/bundle/vancouver-it-business-management/page/product/demand-management/conc
https://docs.servicenow.com/bundle/vancouver-it-business-management/page/product/demand-management/conc
NEW QUESTION # 50
Use this table to configure the parameters displayed on a project card on the My Projects Space page of the Project Workspace.
- A. pm_toplevel_project
- B. pm_home_page_config
- C. project_template_config
- D. pm_project
Answer: B
Explanation:
According to the ServiceNow documentation1, the pm_home_page_config table is used to configure the parameters displayed on a project card on the My Projects Space page of the Project Workspace. The other tables are used for different purposes:
pm_project: Stores information about projects2.
pm_toplevel_project: Stores information about top-level projects3.
project_template_config: Stores information about project templates.
NEW QUESTION # 51
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