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ServiceNow Certified Implementation Specialist - Strategic Portfolio Management Sample Questions (Q80-Q85):

NEW QUESTION # 80
Demand assessments are triggered as soon as the demand enters what state?

A. Screening.
B. Qualified.
C. Approved.
D. Submitted.

Answer: D

Explanation:
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.

NEW QUESTION # 81
Which roles can add stakeholders to a Portfolio?
Choose 2 answers

A. it_pps_admin
B. CD it.project.user
C. it_demand_user
D. it_demand_manager

Answer: A,D

NEW QUESTION # 82
The project property to update actual effort from time card is controlled at what level?

A. Project Level.
B. Program Level.
C. Portfolio Level.
D. Application Level (Global).

Answer: A

Explanation:
Explanation
According to the ServiceNow documentation1, the project property to update actual effort from time card is controlled at the project level. This property is called Update actual effort from time card and it determines if the Actual effort field on the Dates tab should be updated based on the hours entered from time cards for the project. If set to Yes, the Actual effort field is read-only on the Project and Project Task forms. If set to No, the Actual effort field is editable on the Project and Project Task forms.
1:
https://docs.servicenow.com/bundle/vancouver-it-business-management/page/product/project-management/refer

NEW QUESTION # 83
On the demand form, what does the Discount Rate impact?

A. Internal Rate of Return %.
B. Net Present Value (NPV).
C. ROI.
D. Financial Benefit.

Answer: 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 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/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

NEW QUESTION # 84
At a minimum, which role is required to update a project task in Project Workspace?

A. Itil
B. it_project_user
C. it_project_manager
D. it_portfolio_manager

Answer: B

NEW QUESTION # 85
......

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ServiceNow Certified Implementation Specialist - Strategic Portfolio Management Sample Questions (Q80-Q85):

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