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Cisco 700-805 exam, also known as the Cisco Renewals Manager exam, is designed to test your knowledge and skills in managing and renewing Cisco contracts and services. 700-805 exam is ideal for individuals who work in sales, customer service, or account management roles and are responsible for managing Cisco contracts and services for their clients. 700-805 exam covers a range of topics, including contract renewal processes, pricing and discounts, contract management tools, and customer engagement strategies.
Cisco 700-805 Renewals Manager certification exam is designed for professionals who want to validate their skills in managing the renewal of Cisco products and services. 700-805 exam tests the candidate’s ability to manage the renewal process for Cisco products and services, including identifying, tracking and managing renewals, and ensuring customer satisfaction. Cisco Renewals Manager certification is ideal for individuals who work in sales or account management roles and are responsible for managing Cisco product renewals.
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To become a Cisco Renewals Manager, candidates must pass the 700-805 exam, which covers a range of topics related to Cisco contract management and renewal. These topics include understanding Cisco's licensing models, identifying customer needs and opportunities, managing contract renewals, and negotiating contract terms. 700-805 Exam also tests candidates' knowledge of Cisco's sales tools, processes, and best practices for managing customer relationships and driving revenue growth.
Cisco Renewals Manager Sample Questions (Q125-Q130):
NEW QUESTION # 125
How can an RM provide evidence of a mature, repeatable renewal risk management process during a Customer Success Practice Maturity capability audit?
- A. By providing a summary of OTRR performance trends demonstrating consistent execution.
- B. By providing a record of renewal quotes submitted through CCW-R in the previous 12 months.
- C. By providing a well-maintained Risk Log documenting risk categories, mitigation owners, and resolution dates.
- D. By providing a collection of customer satisfaction scores and Net Promoter Survey results.
Answer: C
Explanation:
A well-maintained Risk Log is the strongest evidence because it demonstrates that renewal-risk management is an established, repeatable operational process rather than an informal or purely outcome-based activity. A mature practice should be able to show that risks are consistently identified, categorized, assigned to accountable owners, mitigated, monitored, and ultimately resolved or closed.
Cisco's current Renewals Manager v2.0 blueprint specifically requires RMs to categorize renewal risks across Adoption, Technical, Commercial, and Contractual dimensions based on early-warning indicators and to evaluate mitigation strategies for identified renewal risks. These competencies imply a structured mechanism for recording and managing risks throughout the renewal lifecycle. (Cisco Learning Content) Cisco's Customer Success Practice Maturity model likewise evaluates organizational capability across areas including People, Process, Tools, Technical Capability, and Profitability, with requirements becoming progressively more rigorous from Basic through Intermediate to Expert maturity. Cisco specifically identifies documented processes and practices across the LAER lifecycle as part of progression toward higher maturity.
(Cisco Community)
Option A demonstrates a performance outcome but does not prove how risks were managed. Option B measures customer sentiment, not renewal-risk governance. Option C demonstrates quoting activity but not systematic risk management.
A Risk Log containing risk type, impact, owner, mitigation action, target date, status, and resolution date provides auditable evidence that the process is controlled and repeatable. Therefore, D is correct.
NEW QUESTION # 126
Which task must a Renewals Manager perform early in the renewal process?
- A. terms negotiation
- B. risk assessment
- C. risk mitigation
- D. review new opportunities
Answer: B
NEW QUESTION # 127
Which statement best describes an Ask the Expert session?
- A. A hosted educational webinar with live expert Q and A
- B. A 24-7 phone line providing expert advice
- C. A pre-recorded webinar from an expert
- D. A one on one coaching engagement covering specific use cases
Answer: A
NEW QUESTION # 128
Which service offering assists the customer in preparing for emerging industry trends?
- A. Training
- B. Trending Technical
- C. Advisory
- D. Managed
Answer: A
NEW QUESTION # 129
Which statement is the most accurate description of the Health Index?
- A. a tool for service providers to determine what stage of the lifecycle to offering training solutions
- B. an ongoing measurement of several key customer health indicators
- C. an ongoing measurement of customer sentiment
- D. a measurement tool for resolving specific product quality issues and adoption barriers
Answer: B
Explanation:
the Health Index is:
An ongoing measurement of several key customer health indicators, such as adoption, satisfaction, retention, and expansion A tool that helps Cisco and partners monitor and improve customer outcomes and experiences A score that ranges from 0 to 100, where higher scores indicate better health
NEW QUESTION # 130
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