Skip to Content

ServiceNow CIS-HAM: Tracking Essential Data Throughout the Life of an Asset in ServiceNow Hardware Asset Management

By: Author Alex Lim

Posted on

Categories Exam

Discover the three critical data types – financial, contractual, and lifecycle – that are tracked throughout an asset’s life in ServiceNow Hardware Asset Management. Learn how this data helps organizations effectively manage their hardware assets.

Table of Contents

Question

What is tracked throughout the life of an asset? (Choose three.)

A. Financial data
B. Contractual data
C. Lifecycle data
D. Configuration data
E. Hardware data

Answer

A. Financial data
C. Lifecycle data
E. Hardware data

Explanation

In ServiceNow Hardware Asset Management, three essential data types are tracked throughout the life of an asset:

  1. Financial data: This includes information such as purchase price, depreciation, and total cost of ownership. Tracking financial data helps organizations understand the financial impact of their hardware assets and make informed decisions about budgeting, procurement, and asset retirement.
  2. Contractual data: This encompasses details about warranties, service level agreements, and maintenance contracts associated with hardware assets. By monitoring contractual data, organizations can ensure compliance with terms and conditions, manage vendor relationships, and optimize asset performance.
  3. Hardware data: This covers the physical attributes and specifications of hardware assets, such as make, model, serial number, and configuration details. Accurate hardware data is crucial for asset identification, inventory management, and troubleshooting.

By tracking these three data types throughout an asset’s lifecycle, ServiceNow Hardware Asset Management enables organizations to gain a comprehensive view of their hardware assets, streamline asset management processes, and make data-driven decisions to optimize asset utilization and minimize costs.

ServiceNow Certified Implementation Specialist – Hardware Asset Management (CIS-HAM) certification exam practice question and answer (Q&A) dump with detail explanation and reference available free, helpful to pass the ServiceNow Certified Implementation Specialist – Hardware Asset Management (CIS-HAM) exam and earn ServiceNow Certified Implementation Specialist – Hardware Asset Management (CIS-HAM) certification.