ServiceNow Certified Implementation Specialist – Strategic Portfolio Management — Question 59

Where can custom risk ranks and value scores (such as High-Medium, Medium-Low, or Absolute-Low) be configured to evaluate the impact and probability of a risk?

Answer options

• A. Using normalized value
• B. The Risk Value Lookup module
• C. Manual input
• D. On the Risk form

Correct answer: B

Explanation

The correct answer is B because the Risk Value Lookup module is specifically designed to configure custom risk ranks and value scores. The other options do not provide a dedicated mechanism for setting these evaluations; for instance, manual input (C) is not systematic, and using normalized value (A) does not directly relate to custom ranking configurations.