LATEST GRCP EXAM MATERIALS, VALID GRCP EXAM VCE

Latest GRCP Exam Materials, Valid GRCP Exam Vce

Latest GRCP Exam Materials, Valid GRCP Exam Vce

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OCEG GRCP Exam Syllabus Topics:

TopicDetails
Topic 1
  • Perform Component: This subsection emphasizes executing GRC activities and implementing controls to manage risks effectively. A key skill assessed is the ability to perform risk assessments and implement necessary actions.
Topic 2
  • Align Component: This subsection covers aligning GRC practices with organizational objectives and regulatory requirements. A vital skill evaluated is the ability to integrate GRC processes into business operations effectively.
Topic 3
  • GRC Capability Model Details: This section of the exam measures the skills of GRC Strategy Makers and covers detailed components of the GRC Capability Model. It includes understanding various elements and practices, key actions, and controls necessary for effective governance, risk management, and compliance.

>> Latest GRCP Exam Materials <<

100% Pass Quiz GRCP - GRC Professional Certification Exam –Valid Latest Exam Materials

The OCEG GRCP certification exam offers a great opportunity to advance your career. With the GRC Professional Certification Exam certification exam beginners and experienced professionals can demonstrate their expertise and knowledge. After passing the GRC Professional Certification Exam (GRCP) exam you can stand out in a crowded job market. The GRCP certification exam shows that you have taken the time and effort to learn the necessary skills and have met the standards in the market.

OCEG GRC Professional Certification Exam Sample Questions (Q190-Q195):

NEW QUESTION # 190
What are some examples of industry factors that may influence an organization's external context?

  • A. Political involvement of competitors.
  • B. Product development, branding, and advertising campaigns.
  • C. New entrants, competitors, suppliers, and customers.
  • D. New technologies available to the organization and its competitors.

Answer: C

Explanation:
Industry factors influencing an organization's external context include elements within the competitive and market environment that impact strategy, operations, and performance.
* Key Industry Factors:
* New Entrants: Potential competitors entering the market can disrupt established dynamics.
* Competitors: Existing market players directly affect competitive positioning and market share.
* Suppliers: Influence cost structures, supply chain stability, and material availability.
* Customers: Drive demand and influence product or service offerings.
* Why Other Options Are Incorrect:
* A: Product development and branding are internal factors, not external industry factors.
* B: Political involvement of competitors is an external political or regulatory factor, not an industry-specific one.
* D: New technologies are external technological factors, not strictly industry-related.
References:
* Porter's Five Forces Framework: Highlights industry forces, including new entrants, competitors, suppliers, and customers.
* ISO 31000 (Risk Management): Discusses external context considerations, including industry-specific factors.


NEW QUESTION # 191
In the context of Total Performance, how is responsiveness measured in the assessment of an education program?

  • A. The number of positive reviews received for the education program.
  • B. Time taken to educate a department, time to achieve 100% coverage, and time to detect and correct errors.
  • C. The number of new courses added to the education program each year.
  • D. The percentage of employees who pass the final assessment.

Answer: B

Explanation:
Responsivenessin the context of Total Performance measures how quickly an organization can implement and adapt its education programs to meet objectives and correct issues.
* Key Metrics for Responsiveness:
* Time to Educate: How quickly a department can be trained on new or updated content.
* Coverage Time: The time required to achieve 100% employee participation or compliance.
* Error Correction Time: The speed at which errors in training or implementation are detected and rectified.
* Why Other Options Are Incorrect:
* A: Adding new courses indicates growth but does not measure responsiveness.
* B: Positive reviews reflect satisfaction but do not evaluate responsiveness.
* C: Passing rates measure effectiveness, not how quickly objectives are achieved.
References:
* OCEG GRC Capability Model: Discusses responsiveness as a criterion for evaluating performance.
* ISO 9001 (Quality Management Systems): Highlights the importance of responsiveness in training programs.


NEW QUESTION # 192
What is the purpose of implementing incentives in an organization?

  • A. To encourage the right proactive, detective, and responsive conduct in the workforce and extended enterprise.
  • B. To reduce the need for performance reviews and evaluations.
  • C. To discourage employees from seeking employment opportunities elsewhere.
  • D. To reduce the overall cost of employee compensation and benefits.

Answer: A

Explanation:
The purpose of implementing incentives is to promote desired behaviors and actions within the organization by aligning employee conduct with organizational goals.
Key Purpose:
Encourage proactive behaviors that prevent issues.
Promote detective behaviors that identify risks and opportunities.
Foster responsive behaviors to correct and mitigate negative events.
Why Other Options Are Incorrect:
A: Incentives often add to costs but are justified by their positive impact.
B: Incentives complement performance reviews, not replace them.
C: While they may improve retention, this is a secondary benefit, not the primary purpose.
Reference:
OCEG GRC Capability Model: Discusses incentives for fostering desired conduct.
Behavioral Economics Studies: Highlight how incentives influence organizational behavior.


NEW QUESTION # 193
In the context of Total Performance, what considerations are made for resilience in the assessment of an education program?

  • A. Contingency plans for system failure, slack in timelines, and availability of backup staff.
  • B. The availability of online and offline training materials.
  • C. The number of employees who have completed advanced training.
  • D. The frequency of updates to the education program's curriculum.

Answer: A

Explanation:
Resiliencein the context of Total Performance evaluates the ability of an education program to withstand disruptions and continue functioning effectively.
* Key Considerations for Resilience:
* Contingency Plans: Preparedness for system failures or other interruptions.
* Slack in Timelines: Flexibility to accommodate unexpected delays.
* Backup Resources: Availability of backup staff and alternative training methods to maintain continuity.
* Why Other Options Are Incorrect:
* A: Advanced training completion reflects expertise, not resilience.
* B: Curriculum updates indicate adaptability but not the ability to recover from disruptions.
* C: Availability of materials is helpful but does not directly measure resilience.
References:
* ISO 31000 (Risk Management): Highlights resilience in addressing disruptions.
* OCEG GRC Capability Model: Emphasizes resilience as a key criterion for Total Performance.


NEW QUESTION # 194
What does agility in the context of the PERFORM component refer to?

  • A. The ability to quickly change direction in Perform actions and controls when things change
  • B. The capability to manage and resolve conflicts and disputes regarding Perform actions and controls
  • C. The capacity to innovate and develop new ways to implement Perform actions and controls
  • D. The proficiency in building and maintaining relationships with partners and suppliers who must implement Perform actions and controls

Answer: A

Explanation:
In the context of thePERFORM component,agilityrefers to the organization's ability toadapt quickly and effectively to changesin the environment, risks, or circumstances that may impact the implementation of Perform actions and controls. It ensures that the organization remains responsive, resilient, and aligned with its objectives, even when faced with uncertainty or disruptions.
Key Aspects of Agility in PERFORM:
* Quick Adaptation:
* Agility enables the organization to pivot or adjust actions and controls when external or internal changes occur.
* Example: Adjusting cybersecurity controls in response to an emerging threat or vulnerability.
* Flexibility in Execution:
* Agile organizations can modify their Perform processes without significant disruption, ensuring continuity and effectiveness.
* Example: Revising compliance protocols to address sudden regulatory updates.
* Focus on Continuous Improvement:
* Agility supports iterative improvement of actions and controls to maintain alignment with organizational goals and external demands.
* Alignment with GRC Frameworks:
* Frameworks likeCOSO ERMandISO 31000emphasize agility as a critical capability for effective risk and performance management.
Why Option B is Correct:
Agility in the context of the PERFORM component specifically refers to theability to quickly change directionin Perform actions and controls when circumstances or priorities change, ensuring the organization remains effective and aligned.
Why the Other Options Are Incorrect:
* A. Building relationships with partners and suppliers: While collaboration is important,agility focuses on adaptability, not relationship management.
* C. Innovating and developing new ways: Innovation is valuable, but agility is about responding quickly to change, not creating new solutions.
* D. Managing and resolving conflicts: Conflict resolution is a separate capability and not directly tied to agility.
References and Resources:
* COSO ERM Framework- Discusses agility as a key attribute for adapting to change in risk and performance management.
* ISO 31000:2018- Emphasizes the importance of flexibility and responsiveness in risk treatment and performance execution.
* NIST Cybersecurity Framework (CSF)- Highlights the importance of agility in adapting controls to evolving threats.


NEW QUESTION # 195
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