--- title: Create and run a basic risk indicator in the Risk Workspace description: Create and run a basic risk indicator to identify the possibility of a future adverse impact on your organization. Indicators are an early warning system and they enable you to take preventative action on the risks. Basic indicators are automated indicators based on an indicator source. locale: en-US canonical_url: https://www.servicenow.com/docs/r/australia/governance-risk-compliance/grc-risk-management-workspace/create-a-basic-risk-indicator-ws.html release: australia product: GRC: Risk Management Workspace classification: grc-risk-management-workspace topic_type: task last_updated: "2026-03-12" reading_time_minutes: 4 breadcrumb: [Use Risk Workspace, Risk Management, Governance, Risk, and Compliance] --- # Create and run a basic risk indicator in the Risk Workspace Create and run a basic risk indicator to identify the possibility of a future adverse impact on your organization. Indicators are an early warning system and they enable you to take preventative action on the risks. Basic indicators are automated indicators based on an indicator source. ## Before you begin Role required: sn\_risk.manager or sn\_risk.admin ## About this task In a basic indicator, the data is automatically collected from the source you specify. You must specify the supporting data before adding the criteria to filter data. ## Procedure 1. Navigate to **All** > **Risk** > **Risk Workspace** > **Indicators** > **Risk indicators**. 2. Click **New**. 3. On the form, fill in the fields.
| Field | Description |
|---|---|
| Category | Category of the indicator. For example, select **Risk Indicator** to create a risk indicator. |
| Inherit from template | Option to create the indicator from an existing template. |
| Template | Template used to create the indicator. This field appears only if the **Inherit from template** option is selected. |
| Override template | Option to override the template's properties such as the name of the indicator. |
| Name | Name of the indicator. If you select a template in the **Template** field, then this field is automatically set to the template name. |
| Description | Brief description of the indicator. This field is automatically set if you select a template in the **Template** field. |
| Entity | Entity used to filter risks. |
| Applies to record | Record that the entity applies to. |
| Risk | Filtered risk that is related to the indicator.**Note:** If you have selected an indicator template, then the risk is also filtered based on the template. |
| Owning group | Group that owns the indicator. |
| Owner | Owner of the indicator. This field is automatically set to the owner's name based on the risk. |
| Method | |
| Type | Method used to determine the type of indicator. Select **Basic**. |
| Target type | Type of the target value. The choices are as follows:- **None**: Use this option if you do not want to set up any target or threshold for the indicator. - **Percentage**: Use this option to determine the indicator result by a percentage value. - **Count**: Use this option to determine the indicator result by a count value or total number. |
| Target | Value that determines if the indicator succeeded \(passed\) or failed. |
| Result based on target value | Result configuration field. The choices are as follows:- **Passed** - **Failed** For example, assume you enter `100` in the **Target** field. If the indicator result output is more than 100, then the indicator status is **Passed** or **Failed** based on the value configured in this field. |
| Basic Criteria | |
| **Note:** This section appears only after you specify supporting data. | |
| Criteria | Criteria to filter the data from the source table. Click **Set conditions** inside the field and create filters for the conditions. |
| Additional Criteria | |
| Additional criteria | More criteria to filter the data to calculate the target value. This section only appears when **Percentage** is selected from the **Target type** field. Click **Set conditions** inside the field and create filters for the conditions. |
| Schedule | |
| Collection frequency | Collection frequency for indicator results. Indicator tasks and results are generated automatically based on the indicator schedule. |
| First run date | Date the indicator was first run. |
| Next run date | Next collection time for indicator results. This field is automatically set based on the value in the **Collection frequency** field. You can also edit this field and change the date.**Note:** This field only gets updated based on the scheduled runs and not when the indicators are manually executed. |
| Results | |
| Status | Status of the indicator to show whether the indicator passed or failed. |
| Previous status | Previous status of the indicator to show whether the indicator passed or failed. |