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What are the three tiers of Lifecycle Management? (Choose three.)

A.
Know what you don't have
A.
Know what you don't have
Answers
B.
Increase onboarding controls
B.
Increase onboarding controls
Answers
C.
Know what you have
C.
Know what you have
Answers
D.
Improve management controls
D.
Improve management controls
Answers
E.
Improve efficiency
E.
Improve efficiency
Answers
Suggested answer: C, D, E

Explanation:

According to theHardware Asset Managementpage, the three tiers of Lifecycle Management are:

Know what you have: This tier involves tracking and managing the end-to-end lifecycle of all your hardware assets, physical and consumable, on a single system of action.

Improve management controls: This tier involves aligning hardware investments to business outcomes, and quickly identifying and mitigating technology risks such as tech debt, regulatory audits, and lost assets.

Improve efficiency: This tier involves improving efficiencies and simplifying every stage of the asset lifecycle with prescriptive workflows and tasks, normalizing hardware to maintain a clean CMDB, and getting actionable insights to minimize waste and strategize for asset refreshes.

These three tiers correspond to the options C, D, and E in the question.

The options A and B are not part of the Lifecycle Management framework, and are not mentioned in the ServiceNow Hardware Asset Management documents.Reference:

Hardware Asset Management

What is Hardware Asset Management?

Your asset lifecycle: How to manage it all

Which ServiceNow role enables the user to perform actions related to incident, problem, change, and configuration management?

A.
procurement_user
A.
procurement_user
Answers
B.
inventory_admin
B.
inventory_admin
Answers
C.
itil
C.
itil
Answers
D.
discovery_admin
D.
discovery_admin
Answers
E.
asset
E.
asset
Answers
Suggested answer: C

Explanation:

The itil role enables the user to perform actions related to incident, problem, change, and configuration management. This role is part of the ITIL framework, which is a set of best practices for delivering IT services.According to the ServiceNow documentation1, the itil role can do the following:

Create and update incidents, problems, and change requests

View configuration items (CIs) and their relationships

Add comments and work notes to tasks

Approve or reject change requests

Close resolved incidents and problems

Reopen closed incidents and problems

The other roles listed in the question have different functions and permissions.For example, the procurement_user role can request and track hardware purchases2, the inventory_admin role can manage stockrooms and transfer orders3, the discovery_admin role can configure and run Discovery to populate the CMDB4, and the asset role can view and edit asset records5.

Which plugins for asset management functionality are inactive by default? (Choose three.)

A.
Expense Line
A.
Expense Line
Answers
B.
Hardware Asset Management
B.
Hardware Asset Management
Answers
C.
Procurement
C.
Procurement
Answers
D.
Depreciation
D.
Depreciation
Answers
E.
Cost Management
E.
Cost Management
Answers
F.
My Assets
F.
My Assets
Answers
Suggested answer: B, C, E

Explanation:

Hardware asset management, Procurement, and Cost management are the plugins which are not active by default in base Servicenow System

What is the third tier of the capability blueprint?

A.
Practical management
A.
Practical management
Answers
B.
Strategic conformance
B.
Strategic conformance
Answers
C.
Trustworthy data
C.
Trustworthy data
Answers
D.
Operational integration
D.
Operational integration
Answers
E.
Financial management
E.
Financial management
Answers
Suggested answer: D

Which is NOT a component of a hardware asset's lifecycle?

A.
Dispose
A.
Dispose
Answers
B.
Request
B.
Request
Answers
C.
Consume
C.
Consume
Answers
D.
Procure
D.
Procure
Answers
E.
Receive
E.
Receive
Answers
Suggested answer: C

Explanation:

According to the ServiceNow Hardware Asset Management documents, a hardware asset's lifecycle consists of the following stages: Procure, Receive, Deploy, Maintain, and Dispose1. These stages correspond to the options A, D, and E in the question.The option B, Request, is also a valid stage in the hardware asset management process, as it involves identifying the hardware needs and initiating the procurement process2. However, the option C, Consume, is not a component of a hardware asset's lifecycle, as it is not mentioned in the ServiceNow documents.Consume is more relevant to software assets, which are used or consumed by end-users or applications3. Therefore, the correct answer is C. Consume.Reference:

ServiceNow Hardware Asset Management landing page

ServiceNow Hardware Asset Management overview

ServiceNow Software Asset Management overview

The Hardware Asset Management (HAM) application expands baseline ITSM Asset Management with which features? (Choose three.)

A.
Mobile Asset Receiving
A.
Mobile Asset Receiving
Answers
B.
Mobile My Assets
B.
Mobile My Assets
Answers
C.
Hardware Model Normalization
C.
Hardware Model Normalization
Answers
D.
Hardware Asset Dashboard
D.
Hardware Asset Dashboard
Answers
E.
Stockrooms
E.
Stockrooms
Answers
F.
Asset & Model Records
F.
Asset & Model Records
Answers
G.
Asset Inventory Audit
G.
Asset Inventory Audit
Answers
Suggested answer: A, C, D

Explanation:

According to theHardware Asset Managementpage, the HAM application includes the following features: Hardware Asset Workspace, Hardware Normalization, Asset Lifecycle Automation, Return Merchandise Authorization, Asset Reservations, Asset Onboarding and Offboarding, Mobile Asset Receiving, Mobile My Locker, Asset Inventory Audit, and Hardware Asset Dashboard.

Among these features, Mobile Asset Receiving, Hardware Model Normalization, and Hardware Asset Dashboard are the ones that expand the baseline ITSM Asset Management, which only covers Asset & Model Records and Stockrooms.

Mobile Asset Receiving allows users to receive multiple assets against a purchase order using a mobile device, which simplifies the asset receiving process and reduces errors.

Hardware Model Normalization standardizes asset data by manufacturer name, model name, and model number, which improves data quality and accuracy in the CMDB.

Hardware Asset Dashboard provides a comprehensive view of hardware asset data, such as asset counts, costs, compliance, and lifecycle stages, which helps users make informed decisions and optimize asset performance.Reference:

Hardware Asset Management

What is Hardware Asset Management?

[Hardware Asset Management - ServiceNow Docs]

Expected outcomes of IT asset management (ITAM) include which of the following? (Choose three.)

A.
Integrates with business services via the Service Catalog from request through to disposal
A.
Integrates with business services via the Service Catalog from request through to disposal
Answers
B.
Leverages IT Service Management (ITSM) to manage the lifecycle of assets as they pass through their useful life as configuration items (CIs)
B.
Leverages IT Service Management (ITSM) to manage the lifecycle of assets as they pass through their useful life as configuration items (CIs)
Answers
C.
Provides input into, aligns with, and follows corporate governance
C.
Provides input into, aligns with, and follows corporate governance
Answers
D.
Improves application privacy and security adherence
D.
Improves application privacy and security adherence
Answers
E.
Leverages Service Mapping to predict service impact
E.
Leverages Service Mapping to predict service impact
Answers
Suggested answer: A, B, C

What is the difference between ITAM personas and ITAM Roles? (Choose four.)

A.
A user may have multiple roles, but a single persona
A.
A user may have multiple roles, but a single persona
Answers
B.
Roles control access to features in the product
B.
Roles control access to features in the product
Answers
C.
Personas represent types of users of the product
C.
Personas represent types of users of the product
Answers
D.
Personas control access to features in the product
D.
Personas control access to features in the product
Answers
E.
Roles represent types of users of the product
E.
Roles represent types of users of the product
Answers
F.
A user may have multiple roles and personas
F.
A user may have multiple roles and personas
Answers
Suggested answer: A, B, C, F

Explanation:

According to the ServiceNow Hardware Asset Management documentation, ITAM personas and ITAM roles are different concepts that relate to the types and access of users of the product. The difference between them are as follows:

ITAM personas areuser profilesthat represent the typical users of the ITAM product and theirbusiness needs. They are not tied to any specific role or permission, but rather describe thegoals, challenges, and expectationsof the users.For example, some of the ITAM personas are IT Asset Manager, IT Asset Analyst, IT Procurement Manager, and IT Finance Manager1.

ITAM roles areaccess controlsthat determine what features and functions a user can access in the ITAM product. They are assigned to users or groups based on theirresponsibilities and tasks. They can also be combined to grant multiple levels of access to a user.For example, some of the ITAM roles are asset, asset_admin, asset_tagging, and procurement2.

Therefore, a user may have multiple roles, but a single persona (A), roles control access to features in the product (B), personas represent types of users of the product , and a user may have multiple roles and personas (F) are the correct statements that describe the difference between ITAM personas and ITAM roles.Reference:

1: ITAM personas2: ITAM roles

Hamm is a member of the Asset Managers group which has the ham_admin role assigned to it. Based on this role alone, which of the following operations can Hamm perform? (Choose four.)

A.
Revert normalization results
A.
Revert normalization results
Answers
B.
Create and delete asset records
B.
Create and delete asset records
Answers
C.
Create purchase orders
C.
Create purchase orders
Answers
D.
Create flows
D.
Create flows
Answers
E.
Import assets
E.
Import assets
Answers
F.
Add Service Catalog entries
F.
Add Service Catalog entries
Answers
Suggested answer: A, B, E, F

Explanation:

According to theHardware Asset Managementpage, the ham_admin role grants the user the following permissions:

Create, read, update, and delete hardware asset records

Import hardware assets from external sources

Revert normalization results for hardware assets

Add hardware assets to the Service Catalog

These permissions correspond to the options A, B, E, and F in the question.

The options C and D are not part of the ham_admin role, and are not mentioned in the ServiceNow Hardware Asset Management documents.Reference:

Hardware Asset Management

Hardware Asset Management roles and permissions

What information would you track for a configuration item (CI) versus an asset? (Choose two.)

A.
Financial
A.
Financial
Answers
B.
Lifecycle
B.
Lifecycle
Answers
C.
Contractual
C.
Contractual
Answers
D.
Operational
D.
Operational
Answers
E.
Relationship
E.
Relationship
Answers
Suggested answer: D, E

Explanation:

Operational: The current status, performance, availability, and capacity of the CI, as well as any incidents, problems, or changes that affect it.

Relationship: The dependencies and connections between the CI and other CIs, services, processes, and users.

The information that you would track for an asset includes:

Financial: The cost, depreciation, ownership, and warranty of the asset, as well as any procurement or disposal activities.

Lifecycle: The stages and transitions of the asset from request to retirement, as well as any inventory or stock management.

The information that you would not track for a CI versus an asset are:

Contractual: This information is relevant for both CIs and assets, as it relates to the agreements and obligations between the service provider and the customer or vendor.

Lifecycle: This information is relevant for both CIs and assets, as it relates to the stages and transitions of the component from request to retirement.

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