Differences between the GRC Risk Management and SEM Risk Management

[Former Member]

Dear All,

Someone could tell me the differences between GRC Risk Management and SEM Risk Management (CPM-RSM) ?

Best regards

Dario Grossi

[former_member785778]

Hello,

Just a small clarification on GRC Risk Management; The RM 2.0 solution does indeed address the examples given, but it can handle scenarios at both the enterprise level, and the project level. The solution is based on risk management standards, and developed at a generic level for easy business adaptability.

Dan

[Former Member]

SEM Risk Management is an InfoArea of the SAP Business Information Warehouse that provides predefined Business Content that helps you to identify and monitor risks that could have a negative impact on your companyu2019s operations. The delivered queries show you the effects that a risk you have identified would have on specific measures.

[SAP GRC Risk Management|http://www.sap.com/solutions/grc/riskmanagement/index.epx] allows to balance business opportunities with financial, legal, and operational risks to maximize corporate performance and minimize the market penalties from high-impact events.

SAP GRC Risk Management is different from GRC Access Control. The majority of this discussion forum's theads refer to GRC Access Control.

[Former Member]

GRC Risk management is mainly focused around managing IT risks in terms of user access, SoD issues etc.

SEM Risk management is more focused on financial risk management and risk management on a more strategic enterprise level.

Hope that helps

/henrik