Free CIS-SPM Exam Braindumps (page: 7)

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What information are users required to enter on a cost plan for a demand?

  1. Cost type
  2. Discount Rate %
  3. Total planned cost
  4. Functional currency

Answer(s): A

Explanation:

According to the Cost plan breakdown document, users are required to enter the cost type for each cost plan line item. Cost type is a mandatory field that specifies the type of cost, such as labor, software, hardware, etc. The other options are not required fields for a cost plan for a demand. Discount Rate % is an optional field that applies a discount rate to the cost plan. Total planned cost is a read-only field that displays the sum of the planned cost for all the cost plan breakdowns. Functional currency is a system property that defines the currency used for cost management.



Demand assessments are triggered as soon as the demand enters what state?

  1. Approved.
  2. Screening.
  3. Qualified.
  4. Submitted.

Answer(s): D

Explanation:

According to the Completing Demand Assessments document, demand assessments are triggered as soon as the demand enters the Submitted state. The other options are not correct, as demand assessments are not triggered when the demand is Approved, Screening, or Qualified.



What is the first step in the process when configuring Portfolio Planning to work with ServiceNow® Project Portfolio Management?

  1. Create an alignment integration.
  2. Create custom mapping configurations.
  3. Generate default mapping configurations.
  4. Create personalized portfolio plans.

Answer(s): C

Explanation:

According to the Portfolio Planning document, the first step in the process when configuring Portfolio Planning to work with ServiceNow® Project Portfolio Management is to generate default mapping configurations. This step creates the default mappings between the Portfolio Planning fields and the ServiceNow® Project Portfolio Management fields. The other options are not correct, as they are not the first step in the process. Creating an alignment integration is the second step, creating custom mapping configurations is the third step, and creating personalized portfolio plans is the fourth step.



If Scenario Planning for PPM is installed, a portfolio manager can access the Portfolio Planning Workbench by navigating to which of the following?

Choose 2 answers

  1. Portfolio Planning related link
  2. Portfolio Planning Workbench module
  3. Project module
  4. Program Workbench

Answer(s): A,B

Explanation:

According to the Scenario Planning for PPM document, a portfolio manager can access the Portfolio

Planning Workbench by navigating to either the Portfolio Planning related link on the portfolio form or the Portfolio Planning Workbench module under the Portfolio Planning application menu. The other options are not correct, as they do not lead to the Portfolio Planning Workbench. The Project module is under the Project Portfolio Management application menu and the Program Workbench is under the Program Management application menu.



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Sai commented on December 12, 2024
Preparing for the exam
AUSTRALIA
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