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Exam Code: CIS-TPRM
Exam Name: Certified Implementation Specialist - Third-party Risk Management
Updated: Aug 14, 2026
Q & A: 167 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Third-party Management | 20% | - Configure SLA requirements - Manage third-party registry - Implement third-party lifecycle management - Track third-party relationships and tiers |
| Topic 2: Risk Assessment and Scoring | 20% | - Implement inherent and residual risk scoring - Define risk thresholds and matrices - Automate risk scoring workflows - Configure risk calculation models |
| Topic 3: Questionnaire Management | 20% | - Configure questionnaire workflows - Create and manage questionnaires - Build questionnaires using sections and questions - Assign questionnaires to third parties |
| Topic 4: Remediation and Monitoring | 15% | - Create and track remediation tasks - Configure monitoring workflows - Implement due diligence processes - Generate risk dashboards and reports |
| Topic 5: Application Configuration | 25% | - Configure risk assessment templates - Configure TPRM foundational elements - Configure third-party types and categories - Configure questionnaire templates |
1. In the context of third-party risk assessment generation, what is the primary benefit of using automated triggers and schedules?
Response:
A) Reducing the need for risk management staff
B) Increasing the complexity of the risk management process
C) Ensuring assessments are consistently conducted at relevant intervals
D) Limiting the scope of assessments to high-risk third parties only
2. A successful Third-party Assessment Portal Configuration must:
Response:
A) Be available exclusively during business hours to manage traffic
B) Enable seamless navigation and user-friendly interfaces for efficient assessment submission
C) Prioritize aesthetic elements over functionality
D) Restrict users from uploading documents to ensure security
3. Effective Approval and Workflow Process Changes should result in:
Response:
A) Longer processing times for risk management activities
B) Decreased communication between departments
C) Increased manual intervention in workflows
D) More streamlined and efficient risk management processes
4. What is the role of technology in modern Third-Party Risk Management?
Response:
A) To facilitate risk assessment, monitoring, and reporting through automation and analytics
B) To serve as a legal documentation platform
C) To replace the need for physical audits
D) Solely for data storage purposes
5. In the context of Contact Configuration within a third-party portal, which factor is crucial for maintaining effective communication?
Response:
A) Ensuring that contacts are from the same geographic location
B) Defining clear roles and responsibilities for each contact within the portal
C) Assigning a single contact for each third-party relationship
D) Limiting the number of contacts to avoid confusion
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |
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