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ServiceNow Certified Implementation Specialist - Strategic Portfolio Management Sample Questions (Q69-Q74):
NEW QUESTION # 69
When creating a project from demand, what related records are moved and copied upon Project Creation?
- A. Cost Plan and Assessment.
- B. Resource Plan and Cost Plan.
- C. Resource Plan and Change Requests.
- D. Idea and Demand.
Answer: B
Explanation:
According to the Create a customer project from a demand document, when creating a project from demand, the resource plan and the cost plan are moved and copied upon project creation. The resource plan defines the resources required for the project, and the cost plan defines the estimated and actual costs for the project. The other options are not correct, as they are not related records that are moved and copied upon project creation. The change requests, the idea, and the demand are not moved or copied to the project, but they are linked to the project as references. The assessment is not a record that is associated with the project, but with the demand.
NEW QUESTION # 70
If a lens has four entities, which entity within the lens structure would not have a parent reference?
- A. Second-level entity
- B. Bottom entity
- C. Third-level entity
- D. Top-level entity
Answer: D
Explanation:
Explanation
According to the ServiceNow documentation1, a lens is a hierarchical structure that consists of entities and relationships. An entity is a data object that represents a business concept, such as a project, a demand, or a resource. A relationship is a link between two entities that defines how they are connected. A lens can have up to four levels of entities, each with a parent reference to the entity above it, except for the top-level entity, which has no parent reference. The top-level entity is the root of the lens and defines its scope and type. For example, a project lens has a project as the top-level entity, and a demand lens has a demand as the top-level entity.
1:
https://docs.servicenow.com/bundle/vancouver-it-business-management/page/product/it-business-management/c
NEW QUESTION # 71
Which of the following is the default schedule for the Project Management application?
- A. Repeats every week on weekdays Monday through Friday. Includes the child schedule U.S. Holidays.
- B. Repeats every week on weekdays Monday through Friday.
- C. Repeats every week on weekdays Monday through Friday from 8:00am to noon and 1:00-5:00pm.
- D. Repeats every week on weekdays Monday through Friday from 9:00am to 5:00pm.
Answer: C
NEW QUESTION # 72
How can the latest financial forecasts (actuals or planned costs) be compared to initial planned costs month over month in the new Project Workspace?
- A. Using the project Details page
- B. Using the Financials Cost page
- C. Using the Cost plan breakdown form
- D. Using the Compare Baselines page
Answer: D
NEW QUESTION # 73
What information are users required to enter on a cost plan for a demand?
- A. Functional currency
- B. Cost type
- C. Discount Rate %
- D. Total planned cost
Answer: B
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.
NEW QUESTION # 74
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