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ServiceNow GRC - Third-party Risk Management Implementation (TPRMI)

  • Length 2 days
  • Price  NZD 3059 exc GST
Course overview
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Why study this course

The Third-party Risk Management (TPRM) application provides a centralised process for managing your organisation's third-party portfolio, performing due diligence when onboarding third-parties, and completing the risk assessment. Also, integrating with other GRC applications, provides top-down traceability for compliance with controls and risks.

Attend this course to discuss how to get started developing TPRM implementation strategy. This two-day course covers domain knowledge, common technical aspects of an implementation as well as processes to effectively manage it.

Attendees will learn tactical skills and strategies that will better prepare them to implement Third-party Risk soundly and efficiently. Through lectures, group discussion, demonstrations, and hands-on labs, students build on existing knowledge and skills by applying implementation best practices.

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What you’ll learn

Upon completion of this course, students will be able to:

  • Navigate the TPRM application components and prepare for implementation

  • Configure Core data elements: Third Parties, Contacts, and Inherent Risk Questionnaires (IRQs)

  • Configure assessments in the Assessment Designer to create/modify multiple types of assessments included in the Third-party Risk Management process

  • Identify baseline workflows and potential custom workflows needed by a customer

  • Configure the Third-party Assessment Portal

  • Define relationship between assessment questions and GRC applications


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ServiceNow at Lumify Work

ServiceNow's cloud-based platform and solutions help digitise and unify organisations so that they can find smarter, faster, better ways to make work flow. So employees and customers can be more connected, more innovative, and more agile. The world works with ServiceNow™.
Lumify Work is an Authorised Partner for ServiceNow.


Who is the course for?

Anyone wanting to get started developing Third-party Risk Management implementation strategy.


Course subjects

  • Third-party Risk Management Overview

  • Core Configuration

  • Assessment Configuration

  • Approval and Workflow Changes

  • Third-party Portal Configuration

  • Application Relationships

  • Dashboards and Reports


Prerequisites

Attendees should have completed the following:


THIRD PARTY REGISTRATION

Lumify Work offers certification and training through our partnership with ServiceNow. This arrangement requires Lumify Work to provide your details to ServiceNow for course and/or exam registration purposes.


Terms & Conditions

The supply of this course by Lumify Work is governed by the booking terms and conditions. Please read the terms and conditions carefully before enrolling in this course, as enrolment in the course is conditional on acceptance of these terms and conditions.


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