How does a Risk Statement becomes inactive?

[ZurichDeveloper]

I'm trying to find the lifecycle of Risk Statement.

When does it become inactive and why? Not able to find too much in the doc.

[Runjay Patel]

Hi @ZurichDeveloper ,

In summary, a Risk Statement becomes inactive in ServiceNow when the risk is either resolved, accepted, transferred, no longer relevant, or has passed its lifecycle requirements. This is typically managed through risk workflows, automated actions, or manual updates by risk owners or managers.

Accept the solution if it helped.

[Community Alums]

Hi @Runjay Patel ,

This is incorrect. Risk Statements has no Lifecycles.

[PrashantLearnIT]

Hi @ZurichDeveloper 

You can get the complete details here using this link - https://www.servicenow.com/docs/bundle/xanadu-governance-risk-compliance/page/product/grc-risk/refer...

[Community Alums]

Hi @ZurichDeveloper ,

Risk Statements has NO Lifecycle , the Risk has.

There is no automation which makes the risk statements Inactive unless you go ahead and Mark is as inactive manually.