1. Using Financial Reporting Compliance
  2. Create or Edit a Remediation Plan

Create or Edit a Remediation Plan

To develop a remediation plan, enter plan details and define remediation tasks.

Use either of two methods to open the page to create a remediation plan.

  • Select the Create Remediation Plan quick action from the Risk Management springboard. (Depending on the number of quick actions available to you, you may need to select a Show More option on the springboard.)
  • In the Issues work area, select the Remediation Plans tab to open a Remediation Plans page. Then select the Create icon.

To edit a remediation plan, open the Remediation Plans page, select the row representing a plan, and select the Edit icon. Or, click the name of a plan and, in a page to view details about it, click Actions > Edit Definition.

As you work with the remediation plan:

  1. Enter or modify plan details: At minimum, a name, description, priority, and due date. A required start date defaults to the current date, but you can enter a future date instead. A required Progress field defaults to On Target, and a required Status field defaults to Active.

  2. Add comments, if any are germane. If you're creating the plan, a Comment field appears in the Details panel. If you're editing a plan, you can view existing comments or add new ones in a Comments panel.

  3. If descriptive flexfield segments have been defined for the Remediation Plan object, these appear as fields in an Additional Information panel. Provide values for these fields.

  4. If you're editing a plan, a Remediation Tasks panel is active. If you're creating a new plan, click its Save option (not Save and Close or Submit) to activate the Remediation Tasks panel. In either case, click the Expand icon in this panel to expand it. Then:

    • Click the New icon to create a new task.

    • Select the row for an existing task and click the Edit icon to modify it.

  5. A Remediation Task page opens. Enter or modify details: At minimum, a name, priority, and due date. Again, a required start date defaults to the current date, but you can enter a future date instead. A required Progress field defaults to On Target, and a required Status field defaults to Active. Use the description field to tell what a user must do to complete the task.

  6. Click Save and Close, and then repeat steps 5 and 6 to create as many tasks as your plan requires. If you want to remove a task that no longer applies, select its row and click the Delete icon.

  7. When you finish creating tasks, submit the remediation plan.