GRC: Integrated Risk Management (IRM) Fundamentals

GRC: Integrated Risk Management (IRM) Fundamentals

ServiceNow NIC-SNO-IRMF

USD 500.00
excl. VAT
Please note: The price will be deducted in your cart when a course seat is purchased.

GRC is a company's strategy for managing corporate compliance and enterprise risk. ServiceNow GRC is a suite of applications within the ServiceNow platform that provides timely, comprehensive, and continuous information for auditing, reporting, and risk and compliance purposes. By using the GRC suite, GRC professionals create a scalable integrated risk management (IRM) program to meet their organization's internal and regulatory requirements.

This course explores the primary features and roles included in GRC: Policy and Compliance, GRC: Regulatory Change Management, GRC: Risk Management, GRC: Advanced Risk, and GRC: Advanced Audit applications. This course is a prerequisite to attending GRC: Integrated Risk Management (IRM) Implementation. GRC: Vendor Risk Management is covered in a separate GRC learning path.

What you will learn

  • Define Governance, Risk, and Compliance (GRC) and the internal and external influences that create a need for it
  • Demonstrate the primary features of the GRC suite of applications from the end user perspective
  • Define primary GRC roles and responsibilities
  • Explain how using an entity framework benefits an organization and creates more efficient management of compliance, risk, and audit
  • Describe how to set up entity types, entity filters, and entity classes
  • Define key components and terms within compliance activities and connect them to GRC architecture
  • Demonstrate the control process to ensure control owners have a method for ensuring compliance
  • Describe the policy record lifecycle and analyze a policy exception request
  • Demonstrate the policy acknowledgment campaign lifecycle to track policy acknowledgments from employees
  • Define issue management and issue triage
  • Define key components and terms within risk activities and connect them to GRC architecture
  • Demonstrate the advanced risk assessment lifecycle
  • Define indicators and leverage a manual and basic indicator
  • Describe the components of audit management that support the audit lifecycle
  • Leverage reports and dashboards to increase visibility and drive risk insights across the enterprise

Additional information

It may take two to three business days for course credentials to be provided. Please also note that a Now Learning account with ServiceNow is mandatory in order to use this course. Account details for this are obtained from the customer after the order has been placed.