Risk Management

grc-risk-overview.md
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Use the Governance, Risk, and Compliance: Risk Management application to continuously monitor and identify high-impact risks, improve your risk-based decision-making, and reduce reaction time. The application also provides structured workflows for the management of risk assessments, risk indicators, and risk issues.

Risk Workspace

Starting with version 13.0.5, the Risk Workspace has been added for Risk Management users. The Risk Workspace offers a simplified user experience for you to perform your daily tasks and activities. For more information about the workspace, see GRC Risk Workspace.

Benefits of Risk Management

The benefits of Risk Management are:

  • Faster risk-based decision-making: Prioritize activities based on automated risk scores to work on the most critical risks first.
  • Increased performance: Risk management embedded in automated cross-functional activities reduces work interruption.
  • Effective risk communication: Real-time insights and role-based dashboards make reporting at all levels easier and faster.
  • Improved risk awareness: Mobile interfaces provide the information required to do your job anytime and anywhere.

Explore [Omitted image "icon-explore.png"] Alt text: Learn about how risk managers, risk users, and risk administrators use the Risk Management application.

Configuring Risk Management [Omitted image "icon-set-up.png"] Alt text: Configure your Risk Management application.

Integrate Risk Management [Omitted image "icon-integration.png"] Alt text: Extend Risk Management capabilities by integrating with other applications.

Using Risk Management [Omitted image "icon-workspace.png"] Alt text: Work on risk assessments, risk events, and so on.

Analytics and reporting solutions for Risk Management [Omitted image "icon-report.png"] Alt text: Highlight the critical risks with dashboards and reports.

Risk Management reference [Omitted image "icon-reference.png"] Alt text: Get details about components like fields, tables, and properties.

**Note:** Depending on your license, you will have access to certain application features, generative AI skills, agentic workflows, and AI agents. For more information, see [ServiceNow product tiers](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/intelligent-experiences/ai-native-sku-overview.md).

Implement Risk Management

Use the Risk Management implementation to quickly implement the GRC Risk Management and Advanced Risk applications.

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