Chapter 11: The Classic Risk Lifecycle Explained

Here are a few Title and Description options for your "The Dutta Dialogues" video.

Since you are specifically covering the "Classic" lifecycle (as opposed to Advanced Risk Assessment/ARA workflows), these titles emphasize the foundational workflow that every ServiceNow GRC professional needs to know.

Video Title Options
Option 1 (Process-Focused):

From Draft to Retire: The Classic Risk Lifecycle in ServiceNow

Option 2 (The "Essential Guide"):

ServiceNow Risk Management: Understanding the Classic Lifecycle Workflow

Option 3 (Short & Punchy):

The Classic Risk Lifecycle Explained | ServiceNow IRM Fundamentals

Video Description
[Copy & Paste this into your Description Box]

Every Risk Record tells a story—from the moment it is identified to the day it is retired. But how does that story unfold in ServiceNow? 📖

In this episode of The Dutta Dialogues, we go back to basics to master the Classic Risk Lifecycle. Understanding this workflow is the foundation for anyone working in the Governance, Risk, and Compliance (GRC) space.

I walk you through the standard state flow, explaining what happens at every stage of the journey and who is responsible for moving the needle.

In this video, we break down: ✅ The Lifecycle States: A step-by-step look at Draft, Assess, Respond, Review, and Retire. ✅ Assessment Phase: When and how risk assessments are triggered in the classic flow. ✅ Risk Response: Understanding the 4 key responses (Accept, Avoid, Mitigate, Transfer) and how they impact the lifecycle. ✅ State Transitions: What actually happens in the background when a risk moves from one state to another.

Whether you are implementing IRM for the first time or prepping for your CSA/CIS exams, this workflow is critical knowledge!

👇 Question of the day: Do you stick to the out-of-the-box lifecycle, or does your organization add custom states (like "Pending Approval")? Let me know in the comments!

Connect with me in LinkedIn :   / sandeep-dutta-08149158  

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