Key Risk Indicators in Risk-Risk Management GRCV10.0

Dear All,

With continuous to how to create a risk in risk management Creation of Risk in Risk Management GRC V10.0

This document will gives you how to create/use key risk indicators tab in Risk

We can create two types of KRI

Standard KRI Instance

Manuel KRI Instance

Click in create standard KRI instance

It will ask for KRI instance Name and KRI Implementation

How to create KRI Implementations

KRI implementations can be created under Key Risk Indicators link

Click on KRI Implementations to create

To create KRI Implementation we need KRI template

How to create KRI template

Click on create button to create KRI template

Provide the KRI template name and select Value type from drop down

To select other details like system, Business process and Component

We need to go back to SPRO for maintenance

SPRO>GRC>Risk Management>Key Risk Indicators

Click Save to create KRI Template

Now created KRI template will be available in KRI template catalog like below

Now we can select the KRI template in creation KRI implementation

Provide KRI Implementation Name and select the created KRI template from F4

Select the connector type from drop down

Connector types are configured and maintained in SPRO

Maintain the connector names with system in Maintain Connectors and select connector type

Maintain the script for SAP table, where we need to provide the SAP table name.

Once we select the connector type, then connector and script field will be populated

Don’t save now, it will give error

Now go to Implementation details tab

In this tab we can select required fields for output value with options

Now Save

The created KRI implementation will be available in KRI Implementation catalog

Now we can use the created KRI implementation in Risk at Key Risk Indicators tab

Provide KRI Instance name and select the KRI implementation from F4 list

Select monitoring frequency, time frame then only Test Instance button will be enabled.

Now you can Activate KRI Instance, it will be available in Key Risk Indicators tab of Risk

We can create business rules for created KRI instance.

If you click on request localization of KRI instance then we cannot create business rules.

Status will become Localization Requested and Create button will be disabled.

Select the KRI Instance and Open

Click on Complete

Now status will change to Localized

Again Select the KRI Instance and Open

Click on Confirm

Now status will change to Active

Regards

Baithi