ServiceNow CIS-SPM free question 8 / 10 · Domain 5: Project Management
For the risks of a project, you want to treat the combination of Probability Medium and Impact High as a Medium risk overall. Which statement matches the official description?
- A pps_admin changes the thresholds for each combination of probability and impact in Preferences - Project
- An it_project_manager overrides the Risk rank and Risk value of that risk by hand on the Risk form
- A pps_admin sets the Risk rank and Risk value for that combination of probability and impact in Risk Value Lookup
- An admin adds weight values to the Impact choices to change the result of the multiplication
Show the answer and explanation
Answer: C
Why this is correct
In the Risk Value Lookup module, you set the Risk rank and Risk value for a specific combination of impact and probability. On the Risk form, the Probability value and the Impact value are multiplied to produce the Risk rank and the corresponding Risk value, and the degree of risk (Absolute, High, Medium, Low) is decided by this value. To give a combination your own rating, you select New under Project Administration > Settings > Risk Value Lookup and fill in the Risk Value Matcher form. The role required is pps_admin.
Why the other options are wrong
"An it_project_manager overrides the Risk rank and Risk value of that risk by hand on the Risk form" … Risk rank and Risk value are produced from the probability and impact values. The place to change the rating of a combination is Risk Value Lookup.
"An admin adds weight values to the Impact choices to change the result of the multiplication" … The rating of a combination is not changed by adding weights to the choices and altering the multiplication. It is decided by setting the Risk rank and Risk value of that combination in Risk Value Lookup.
"A pps_admin changes the thresholds for each combination of probability and impact in Preferences - Project" … The Preferences - Project list has no property for risk thresholds. The rating of a combination is decided in Risk Value Lookup.
Default values
The default scores for impact, value, and probability are Absolute, Low, Medium (Moderate), and High. The Risk Value Matcher form takes Impact, Probability, Probability Number, Risk Value, Risk Rank Color, and so on.
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