course | Governance, Risk Management & Compliance (GRC) - Entry to Mid

Foundations of Governance, Risk & Compliance

Module 1: Understanding Governance in Organizations

• What governance means in practice
• Governance roles and responsibilities
• Governance vs. management

Module 2: Overview of the GRC Framework

• Why are governance, risk, and compliance interconnected
• How GRC supports decision-making
• Common GRC failures and consequences

Risk Management Fundamentals

Module 3: Understanding Organizational Risks

• Types of risks (strategic, operational, compliance)
• Risk sources and triggers
• Risk awareness at different organizational levels

Module 4: Basic Risk Management Practices

• Identifying and assessing risks
• Evaluating impact and likelihood
• Prioritizing risks for action

Compliance Management in Practice

Module 5: Understanding Compliance Obligations

• Internal policies vs. external regulations
• Compliance responsibilities across functions
• Consequences of non-compliance

Module 6: Implementing Compliance Controls

• Preventive and detective controls
• Monitoring Compliance activities
• Handling compliance breaches

Integrating GRC into Daily Operations

Module 7: GRC Roles and Responsibilities

• Management, staff, and oversight roles
• Accountability and reporting lines
• Coordination between functions

Module 8: GRC and Organizational Decision-Making

• Embedding risk and compliance into decisions
• Supporting ethical and responsible behavior
• Managing trade-offs and control limitations

Strengthening GRC Effectiveness

Module 9: Monitoring, Reporting, and Improvement

• GRC monitoring mechanisms
• Reporting risks and compliance issues
• Using feedback for improvement

Module 10: Building a GRC-Aware Culture

• Promoting risk awareness
• Encouraging compliance ownership
• Sustaining governance practices