Training Course: GRC Tools – Governance, Risk & Compliance

Introduction

This comprehensive 5-day course is designed by Global Horizon Training Center to provide professionals with essential knowledge and practical tools on Governance, Risk, and Compliance (GRC). Participants will explore the integration of GRC frameworks, tools, and technologies to manage organizational risks, ensure compliance with regulations, and foster good governance practices. The course will focus on practical applications of GRC tools that are essential for modern organizations across various industries.

Objectives

By the end of the course, participants will be able to:

• Understand the foundational principles of Governance, Risk, and Compliance (GRC).

• Identify and assess risks within an organization and implement strategies to mitigate them.

• Use GRC tools to streamline compliance processes and ensure regulatory adherence.

• Integrate GRC processes into daily operations for better organizational oversight.

• Leverage technology for real-time monitoring and reporting of risks and compliance activities.

Course Methodology

The course will be delivered through a mix of:

• Instructor-led sessions with case studies and group discussions.

• Hands-on sessions with practical GRC tool demonstrations.

• Real-world examples and best practices for implementing GRC frameworks.

• Group work and interactive activities to reinforce learning.

Organizational Impact

• Strengthening internal controls and reducing organizational risks.

• Improving compliance with industry regulations and reducing the likelihood of penalties.

• Enhancing decision-making capabilities by providing a clear overview of risks and governance practices.

• Promoting a culture of proactive risk management and compliance across all levels of the organization.

Target Audience

This course is designed for professionals in:

• Risk management

• Compliance officers

• Internal auditors

• Governance managers

• IT security and data protection officers

• Any professionals involved in risk or compliance processes within their organization

Outlines

Day 1:

Introduction to GRC and Frameworks

• Overview of Governance, Risk, and Compliance

• The relationship between GRC, risk management, and compliance

• Key GRC frameworks (e.g., COSO, ISO 31000, and COBIT)

• Understanding regulatory requirements and their impact on organizations

• Case study: Implementing GRC in a corporate environment

Day 2:

Risk Management Tools and Techniques

• Identifying and assessing organizational risks

• Risk mitigation strategies and risk treatment options

• Introduction to risk management tools and software

• Practical exercise: Conducting a risk assessment

• Risk reporting and monitoring techniques

Day 3:

Compliance Management and Tools

• Defining compliance and its importance in GRC

• Compliance regulations and frameworks (e.g., GDPR, SOX)

• GRC compliance management tools and their functionalities

• Practical exercise: Navigating compliance management software

• Case study: Compliance automation in organizations

Day 4:

Governance and Control Tools

• The role of governance in GRC

• Tools for improving governance structures and processes

• Integrating governance into decision-making processes

• Practical exercise: Using governance tools for policy management

• Real-world example: How to set up an effective governance framework

Day 5:

Implementing and Integrating GRC Tools

• Steps for implementing GRC tools in organizations

• Best practices for GRC integration with existing processes

• Using technology for real-time risk monitoring and reporting

• Final project: Building a GRC strategy for a hypothetical organization

• Q&A and course wrap-up