Working with objectives in Risk Manager

Objectives, also known as goals or targets, are the desired outcomes or milestones that an enterprise aims to achieve within a defined period. Objectives provide clarity and direction to your organization, guiding its activities and decision-making processes.

In the Risk Manager app, you can create these objectives and link them to risks and controls.

Adding an objective

To add an objective in the Risk Manager app, perform the following steps:

  1. Open the Risk Manager app.

    The Risk Manager home page opens.

  2. Go to the Objective tab and click + Add Objective.
  3. In the Add Objective panel, enter a name for your objective.
  4. Add any other details necessary, and click one of the following:
    • Add Objective to save the objective and close the panel.
    • Save & Add New to save the objective and add another one.

    Result After adding, your objectives are created.

  5. Optional. After creating the objectives, you can click on any objective name to view the detailed objective page and add more information.

Moving an objective through different workflows

After creating an objective, you can advance it through different workflow states based on your needs and requirements. Some workflow states may require some fields to be filled in, ensure to meet the criteria to advance the objective.

To move a objective from Define to Discuss state, perform the following steps:

  1. Open the Risk Manager app.

    The Risk Manager home page opens.

  2. Go to the Objective tab, and click on the name of the objective you want to work with.

    The objective page opens with the Details tab.

  3. Enter the information about the objective, including the ID, description, owner and click Save Changes.
  4. Click Evaluate in the top right.

    Result The workflow status changes to Discuss.

Note

  • You can follow the same steps mentioned above to advance the objective through the rest of the workflow states according to your needs.

  • Some workflow states may require some fields to be filled in, ensure to meet the criteria to advance the objective.

Linking an objective to other objects

An objective can be linked to the risks and controls of your organization. It is important to capture this relationship for effective risk assessment and mitigation.

To link an objective to other objects, perform the following steps:

  1. Open the Risk Manager app.

    The Risk Manager home page opens.

  2. Go to the Objective tab, and click on the name of objective you want to work with.

    The objective page opens with the Details tab.

  3. Go to the Relationship tab and do the following:
    • To link a risk, click Link Risk.

      The Link Object dialog box opens.

      1. The Type and Relation fields are pre-selected.
      2. In Related to field, select the risk you want to link the objective to, and click Link.

        Result The objective is linked to the selected risk and shows up in the Relationships tab.

    • To link a control, click Link Control.

      The Link Object dialog box opens.

      1. The Type and Relation fields are pre-selected.
      2. In Related to field, select the control you want to link the objective to, and click Link.

        Result The objective is linked to the selected control and shows up in the Relationships tab.

Note

When you link the objects, a two-way link is created. For example: When you link your objective to a risk, the linked risk is displayed in the Relationship tab of the objective, and the objective is displayed in the Relationship tab of the risk.

If the links are not working both ways, contact Support for assistance.

Unlink an objective from other objects

You can unlink relationship of an objective from other objects.

To unlink an objective relationship, perform the following steps:

  1. Open the Risk Manager app.

    The Risk Manager home page opens.

  2. Go to the Objective tab, and click on the name of objective you want to work with.

    The objective page opens with the Details tab.

  3. Go to the Relationship tab and click the unlink icon on the object that you want to remove the link from.

    The Unlink Object dialog box opens.

  4. Click Unlink.

    Result The objective link is removed.

Associating an objective with an organizational unit

Create a relationship between an objective in Risk Manager and an organizational unit. Organizational units constitute the foundation of the enterprise, linking diverse organizational entities across different company segments. This hierarchy also stores departmental and business unit details. You can relate a control to multiple organizational units.

Here is how you can associate an objective with an organizational unit:

  1. Open the Risk Manager app.

    The Risk Manager home page is displayed.

  2. Under the Objectivetab, select the name of the objective that you want to update.

    The objective details page is displayed.

  3. Under the Details tab, in the Related Org Unit field, select any of the preconfigured organizational units you want to relate the objective to.

  4. Select Apply Selection.

  5. Select Save Changes.

    ResultThe objective is updated. On the Risk Manager home page, under the Objective tab, you can view the organizational unit associated with the specific risk under the Org Unit column.

Note

The organizational unit hierarchy is preconfigured by the system admins in your organization. For more information about the hierarchies in the organizational structure, contact your system admin. If you are a system admin, you can view the list of preconfigured organizational units in the platform settings (navigate to Platform Settings and click Org Structure). To learn more about Organizational Units, see Overview of Organizational Structure.

Deleting an objective

To delete an objective, perform the following steps:

  1. Open the Risk Manager app.

    The Risk Manager home page opens.

  2. Go to the Objective tab, and click on the name of objective you want to work with.

    The objective page opens with the Details tab.

  3. In the top right, click More optionsand then Delete.
  4. In the confirmation dialog box, click Delete again.

    Result The objective is deleted.

Managing Objective settings in Risk Manager

You can enable / disable the Objective object in the Risk Manager app. You can also customize the name to be used for the Objective.

Enabling and disabling the Objective object

When you turn it on

  • The Objective tab appears on the Risk Manager home page.
  • You can view the objectives created.
  • You can also view the relationships of the objectives with risks and controls.

When you turn it off

  • The Objective tab is removed from the Risk Manager home page.
  • You will no longer see the objectives or the relationships of the objectives with other objects.

To turn on/off the Objective object, perform the following steps:

  1. Open the Risk Manager app.

    The Risk Manager home page opens.

  2. On the left hand side, click the expand button to open the side panel.
  3. Click Settings > Global Settings.
  4. Click the toggle next to Objective to enable / disable the object.

    Result The Objective object is enabled or disabled based on your selection.

    Note

    When you turn off the toggle, the Objective tab is removed from the Risk Manager home page, and you will no longer see the relationships of the objectives with other objects such as risks and controls.

Renaming the Objective object

In the Risk Manager app, you can provide your own custom name for the Objective object. This name will be used in the Objective tab of the Risk Manager home page.

To rename, perform the following steps:

  1. Open the Risk Manager app.

    The Risk Manager home page opens.

  2. On the left hand side, click the expand button to open the side panel.
  3. Click Settings > Global Settings.
  4. Click Edit name next to Objective.
  5. In the Edit object name dialog box, provide a new name and click Edit name.

    Result Objective is renamed successfully.