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CIS-Strategic Portfolio Management
CIS-SPM
Certified Implementation Specialist - Strategic Portfolio Management Questions and Answers

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Questions # 1:

You can forecast future costs of projects based on:

Choose 2 answers

Options:

Actual cost incurred.

Changes in project such as project requirements.

Incident cost.

Paired instances.

Answer

A, B

Questions # 2:

Which plugin activates the Ideas module to gather and evaluate ideas efficiently, and quickly identify ideas for implementation?

Options:

Test Management 2.0

Agile Development 2.0

Ideation with PPM

Resource Management

Answer

Explanation

According to the Innovation Management document, the plugin that activates the Ideas module to gather and evaluate ideas efficiently, and quickly identify ideas for implementation is Ideation with PPM. This plugin enables the Innovation Management application, which allows organizations and employees to collect, vote on, manage, and collaborate on ideas from a centralized location. The other options are not correct, as they are not plugins that activate the Ideas module. Test Management 2.0 is a plugin that enables the Test Management 2.0 application, which allows users to create, plan, and execute tests. Agile Development 2.0 is a plugin that enables the Agile Development 2.0 application, which allows users to manage scrum or development work throughout the lifecycle. Resource Management is a plugin that enables the Resource Management application, which allows users to manage resource plans and allocations.

Questions # 3:

Which role can create a project status report in the Project Workspace?

Options:

it_project_manager

it_demand_manager

Itil

it_project_user

Answer

Questions # 4:

Which colors are used as indicators of project health in a project status report?

Choose 3 answers

Options:

Yellow

Red

Green

Orange

Blue

Answer

A, B, C

Questions # 5:

To set up a group for selection in a resource plan, the group record needs to include which role?

Options:

it_project_user

pps_resource

itil

resource_manager

Answer

Explanation

According to the Assigning Resource Roles document, to set up a group for selection in a resource plan, the group record needs to include the pps_resource role. This role grants access to the Resource Management application and allows the group members to view and update their resource allocations. The other options are not correct, as they are not required for a group to be selected in a resource plan. The it_project_user role grants access to the Project Portfolio Management application and allows the user to create and update projects. The itil role grants access to the ITIL application and allows the user to manage incidents, problems, and changes. The resource_manager role grants access to the Resource Management application and allows the user to manage resource plans and allocations.

Questions # 6:

Which system property needs to be set to True to be able to allocate budgets in Project Workspace?

Options:

sn_plng_att_core.default.expense_type

sn_invst_pln.budget_allocation_attribute

sn_invst_pln.enable_budget_allocation_v2

com.snc.project.rollup.cost

Answer

Questions # 7:

At which point in the Demand Management lifecycle do assessments get sent to stakeholders?

Options:

Creation

Assessment

Planning

Screening

Answer

Questions # 8:

Which related lists should primarily be used to capture financial data in a project?

Choose 2 answers

Options:

Programs

Cost Plans

Risks

Monetary Benefit Plans

Answer

B, D

Explanation

Cost Plans and Monetary Benefit Plans are the related lists that should primarily be used to capture financial data in a project. Cost Plans allow you to define the expected costs of a project over time, based on the planned and actual work, resources, and expenses. Monetary Benefit Plans allow you to define the expected financial benefits of a project over time, based on the estimated and realized value, revenue, and savings. You can find more information about these related lists in the Product Documentation for ServiceNow.

Questions # 9:

What role must be assigned to users to be considered for resource planning?