---
sourceDocument: Australia Governance, Risk, and Compliance
sourceDocumentLink: https://servicenow-prod.fluidtopics.net/r/governance-risk-compliance

 Release :

    - australia

ft:locale :

    - en-US

ft:publication_title :

    - Australia Governance, Risk, and Compliance

ft:clusterId :

    - grc

bundleId :

    - grc

workflow :

    - Technology


---

# Create a risk framework and associate risk statements to it

# Create a risk framework and associate risk statements to it {#ariaid-title1}

* Release version: Australia
* 
* Updated March 12, 2026
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read

Risk managers create risk frameworks to group risk statements into manageable
categories.

## Before you begin

Role required: sn_risk.manager

## Procedure

1. Navigate to AllRiskRisk LibraryFrameworks.
2. Click New.
3. On the form, fill in the fields.  
   {#t_CreateRiskFrame__table_FloorForm__entry__2}

   | Field | Description |
   |-|-|
   | Number | Read-only field that is automatically populated with a unique identification number. |
   | Active | Option that indicates whether the risk framework is active. |
   | Name | The name of the risk framework. |
   | Description | A description of the risk framework. |
   | Additional information | Additional information for this risk framework. |
   [Table 1. Risk Framework form]

   {#t_CreateRiskFrame__table_FloorForm}
4. Click Submit.
5. Select the risk framework from the list to reopen it.
6. In the Risk Statements related list, select Edit to add the risk statements to the risk framework.
7. Click Save.

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