The ServiceNow GRC – Third-party Risk Management Implementation (TPRM) course provides comprehensive training on the Third-party Risk Management (TPRM) application within the Governance, Risk, and Compliance (GRC) suite. This course is designed for managers, assessors, and other risk and compliance professionals responsible for managing third-party risk. Participants will gain a deep understanding of TPRM capabilities, benefits, and its integration with core GRC applications.
Course Objectives:
- Upon completion of this course, participants will:
- Describe the capabilities and benefits of Third-party Risk Management.
- Define key terminology, concepts, and roles associated with TPRM.
- Effectively manage the third-party portfolio and third-party risk tiers.
- Navigate the TPRM application components and prepare for implementation.
- Configure core data elements such as Third Parties, Contacts, and Inherent Risk Questionnaires (IRQs).
- Create and modify various assessments using the Assessment Designer.
- Implement baseline and custom workflows as needed.
- Configure the Third-party Assessment Portal.
- Understand the relationship between assessment questions and GRC applications.
Course content
Third-party Risk Management Fundamentals
- Introduction to Third-party Risk Management
- Managing Third-party Portfolio
- Creating and Assigning Assessments
- Responding to a Risk Assessment
- Processing Responses to Risk Assessments
- Reporting and Integration
Overview of TPRM Core Configuration
- Configure 3rd-party Portfolio and Contracts
- Tiering Configuration
- Configure Third-Party Risk Intelligence Scoring
Technical Details
- Core Configuration
- Third-party Portfolio Configuration
- Third-party Contacts Configuration
- Third-party IRQ (Tiering) Configuration
- Third-party Risk Intelligence Scoring Configuration
Assessment Configuration
- Basics of Assessments
- Risk Assessment Configuration
- Risk Assessment Generation
- Risk Assessment Calculations and Assessment Lifecycle
Approval and Workflow Process Changes
- IRQ Approval
- Third-party Risk Issues Approval
- Third-party Risk Process Workflows
Third-party Portal Configuration
- Overview of ServiceNow GRC
- Relationships with other apps
- Monitoring Risk & Control Compliance
- Configuring the Third-party Portal
Application Relationships
- ServiceNow GRC Overview
- Monitoring Risk and Control Compliance
- Other Application Relationships
Dashboards and Reports
- Creating Dashboards and Reports
Course Summary and Conclusion
- Summary and Additional Information
- Certified Implementation Specialist – Third-party Risk Management Voucher Info
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Course Prerequisites
- Governance, Risk, and Compliance (GRC) Fundamentals
- ServiceNow Fundamentals, or equivalent knowledge
- GRC: Third-Party Risk Management (TPRM) Fundamentals
Who can attend
- This course is tailored for managers, assessors, and risk/compliance professionals engaged in third-party risk management.
- It is suitable for those seeking in-depth knowledge of TPRM implementation, configuration, and integration within the broader GRC framework.
Number of Hours: 25hrs
Certification
Key features
- One to One Training
- Online Training
- Fastrack & Normal Track
- Resume Modification
- Mock Interviews
- Video Tutorials
- Materials
- Real Time Projects
- Virtual Live Experience
- Preparing for Certification
FAQs
DASVM Technologies offers 300+ IT training courses with 10+ years of Experienced Expert level Trainers.
- One to One Training
- Online Training
- Fastrack & Normal Track
- Resume Modification
- Mock Interviews
- Video Tutorials
- Materials
- Real Time Projects
- Materials
- Preparing for Certification
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