Free CIS-SPM Exam Braindumps (page: 6)

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What minimum role is required to assign a time sheet policy to a user?

  1. ppm_admin.
  2. timecard_admin.
  3. it_project_manager.
  4. It is not possible to assign a time sheet policy to a user.

Answer(s): B

Explanation:

According to the web search results1, the timecard_admin role is the minimum role that is required to assign a time sheet policy to a user. A time sheet policy is a rule that controls the creation and operation of time sheets for resources who log time against work items. The timecard_admin role can create and modify time sheet policies, time sheet groups, and time sheet periods, as well as approve time sheets or submit time cards on behalf of team members. The other options are incorrect because:
A) ppm_admin: The ppm_admin role is a higher-level role that can access all Project and Portfolio Management modules and features, but it is not the minimum role required for assigning a time sheet policy to a user.
C) it_project_manager: The it_project_manager role can create and manage projects, but not assign time sheet policies to users.
D. It is not possible to assign a time sheet policy to a user: This is false, as it is possible to assign a time sheet policy to a user by using the Time Sheet Policy field on the User form.

1: 3
2: https://docs.servicenow.com/bundle/vancouver-it-business- management/page/product/project-management/reference/r_Roles.html
3: https://docs.servicenow.com/bundle/vancouver-it-business-management/page/product/project- management/concept/c_ProjectManagement.html
4: https://docs.servicenow.com/bundle/vancouver-it-business-management/page/product/time-card- management/reference/r_TimeCardManagementRoles.html



On the demand form, what does the Discount Rate impact?

  1. ROI.
  2. Net Present Value (NPV).
  3. Financial Benefit.
  4. Internal Rate of Return %.

Answer(s): B

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 flows.
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 calculation.
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 equation.

1: https://docs.servicenow.com/bundle/vancouver-it-business-management/page/product/demand- management/reference/r_DemandTable.html
2: https://docs.servicenow.com/bundle/vancouver-it- business-management/page/product/demand-management/concept/c_DemandRate.html
3: https://docs.servicenow.com/bundle/vancouver-it-business-management/page/product/demand- management/concept/c_FinancialBenefit.html
4: https://docs.servicenow.com/bundle/vancouver-it- business-management/page/product/demand-management/concept/c_InternalRateOfReturn.html



In which table can you find cost information for a specific fiscal period?

  1. cost_plan_breakdown
  2. pm_project
  3. cost_plan
  4. expense_line

Answer(s): A

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 status.

C) cost_plan: The cost_plan table stores the information about cost plans, such as name, type, and project.
D) expense_line: The expense_line table stores the information about expense lines, such as expense type, amount, and date.

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



What are the default project template configuration records available in the Template Config module?
Choose 3 answers

  1. Project task
  2. Project subtask
  3. Project
  4. Task
  5. Project template

Answer(s): A,C,E

Explanation:

the default project template configuration records available in the Template Config module are Project task, Project, and Project template. These records define the fields and values that are copied from the template to the project when a project is created from a template. The other options are incorrect because:
B) Project subtask: Project subtask is not a valid record in the Template Config module, as it is a child of the Project task record.
D) Task: Task is not a valid record in the Template Config module, as it is a parent of the Project task record.

1: 1
2: https://docs.servicenow.com/bundle/vancouver-it-business- management/page/product/project-management/reference/r_ProjectTaskTable.html
3: https://docs.servicenow.com/bundle/vancouver-platform-administration/page/administer/table-

administration/concept/c_TableHierarchy.html



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Sai commented on December 12, 2024
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