Chapter 10 : ServiceNow Risk Hierarchy, Statements & Instantiation Explained

Описание: Confused about the difference between a Risk Statement and an actual Risk? You aren't alone. One of the most common questions I get in the ServiceNow community is how the Risk Hierarchy actually works and how "Instantiation" happens behind the scenes.

In this episode of The Dutta Dialogues, we peel back the layers of the ServiceNow Risk Management application. I’ll walk you through the architecture that powers GRC, moving from the high-level library down to the specific risks on your entities.

In this session, we cover:
🔹 Risk Management Types: Understanding the different approaches within ServiceNow.
🔹 The Risk Hierarchy: How Risk Frameworks, Risk Statements, and Entities connect (and why the structure matters).
🔹 Risk Statements: Think of this as the "template" or the "definition" of what could go wrong.
🔹 Risk Instantiation: The critical process of how ServiceNow automatically generates specific risk records from your statements.

By the end of this video, you will have a crystal-clear mental model of how data flows in ServiceNow IRM.

👇 Discussion: Do you rely on the standard UCF library for your Risk Statements, or do you build custom hierarchies? Let me know in the comments!

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