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Governance, Risk & Compliance 0 0 Corporate, GRC, Governance, Risk, Compliance
GRC
Difference between revisions of "GRC"
| Line 7: | Line 7: | ||
# [[GRC6|Controls Management]] | # [[GRC6|Controls Management]] | ||
# [[GRC7|Audit Management]] | # [[GRC7|Audit Management]] | ||
| − | These management processes typically also exist within other domains to support the domain specific requirements. [[t:SCRM]] addresses the specific risks associated with operating supply chains. | + | These management processes typically also exist within other domains to support the domain specific requirements. [[t:SCRM]] addresses the specific risks associated with operating supply chains. |
====Use Cases==== | ====Use Cases==== | ||
* [[Link::t:BPM]] | * [[Link::t:BPM]] | ||
Revision as of 02:44, 26 September 2020
Governance, Risk & Compliance is a Term describing the policies and procedures related to corporate governance, risk management and regulatory compliance. Governance, Risk & Compliance recognizes 7 management process areas:
- Strategy Management
- Policy And Procedure Management
- Business Process Management
- Performance Management
- Risk Management
- Controls Management
- Audit Management
These management processes typically also exist within other domains to support the domain specific requirements. Supply Chain Risk Management addresses the specific risks associated with operating supply chains.
Use Cases
- Discuss Contract Custom Solution
- Performance Management
- Supply Chain Performance Management
- Sarbanes-Oxley Act of 2002 (Policies & Procedures)
- Segregation of Duties (Controls)
- Supply Chain Risk Management
Hierarchy
| ID | Name | Level | x |
|---|---|---|---|
| GRC | Governance, Risk & Compliance | 1 | GRC |
| GRC1 | Strategy Management | 2 | GRC1 |
| GRC2 | Policy and Procedure Management | 2 | GRC2 |
| GRC3 | Business Process Management | 2 | GRC3 |
| GRC4 | Performance Management | 2 | GRC4 |
| GRC5 | Risk Management | 2 | GRC5 |
| GRC6 | Controls Management | 2 | GRC6 |
| GRC7 | Audit Management | 2 | GRC7 |
Term(s)
| ID | Name | Clear | x |
|---|---|---|---|
| GRC3 | Business Process Management | GRC3 | |
| SOX302 | Corporate Responsibility for Financial Reports (SOX 302) | SOX302 | |
| ESG | Environmental, Social, and Corporate Governance | ESG | |
| SOX404 | Management Assessment Of Internal Controls (SOX 404) | SOX404 | |
| GRC4 | Performance Management | GRC4 | |
| SOX | Sarbanes-Oxley Act of 2002 | SOX | |
| SOD | Segregation of Duties | SOD | |
| SCRM | Supply Chain Risk Management | SCRM |