ServiceNow Certified Implementation Specialist – Project Portfolio Management — Question 89

Which of the following can be used to calculate planned cost when creating a resource plan? (Choose two.)

Answer options

• A. Default rate
• B. Rate card
• C. Demand rate
• D. Project rate

Correct answer: A, B

Explanation

The Default rate and Rate card are both valid methods for calculating planned costs, as they provide standardized pricing information for resources. In contrast, the Demand rate is typically used for forecasting resource needs, and Project rate may vary based on specific project circumstances, making them less suitable for planned cost calculations.