ServiceNow Certified Implementation Specialist – Strategic Portfolio Management — Question 71

What is used to generate labor cost if a project or demand does not have an associated rate model?

Answer options

• A. Default Resource Management Schedule
• B. Project plan
• C. Default labor rate
• D. Time card

Correct answer: C

Explanation

The correct answer is C, as the Default labor rate is applied to estimate labor costs when no specific rate model is available. The other options, such as the Project plan and Time card, do not directly provide a cost estimate without an associated rate model, and the Default Resource Management Schedule is not specifically meant for cost calculation.