Hi Raghu
You are at the stage for role risk analysis. You will need to go into you role in change mode and run teh risk analysis. Depending on your configuration parameters you may need to remediate/mitigate the risk before you can continue further.
Each time you complete a step you can choose save and continue and it will take you to your next step. Role Approval step will trigger a workflow for approval so you will need to have configured the MSMP for that one.
Are you trying to use all off BRM or just import roles for ARQ? If don't want to use all of BRM then you can change your role methodology and remove some of the steps (such as role approval). You can then also use the mass maintenance function and set the role to completed for changes.
Once you get the role completed check to see if the role status is set
Regards
Colleen