Shows how to configure risk ratings and scoring rules for assessing third-party and engagement risks in TPRM, ensuring accurate evaluations and streamlined risk management processes. Chapters: 00:19 Set up risk rating calculation 01:23 Configure questionnaire templates for risk ratings 02:20 Set up risk area calculations 03:00 Tiering logic and risk aggregation 03:46 Roll up scores to third party or engagement level #servicenow #servicenowdemo #TPRM #RiskManagement #ThirdPartyRisk #RiskRating #VendorRisk #ScoreCalculation Role required: sn_vdr_risk_asmt.vendor_risk_manager This video was recorded in the Australia release. For more information, see: ServiceNow product documentation: Third-party risk ratings and scoring calculations: https://www.servicenow.com/docs/bundle/yokohama-governance-risk-compliance/page/product/grc-vendor-risk/concept/vendor-ratings-scoring.html ServiceNow Training and Certification: http://www.servicenow.com/services/training-and-certification.html ServiceNow Community: https://community.servicenow.com/community ServiceNow TechBytes Podcast: https://www.servicenow.com/community/community-resources/servicenow-techbytes-podcasts/ta-p/2305455 For general information about ServiceNow, visit: http://www.servicenow.com