GRCA

The OCEG GRC Capability and Maturity Model (C2M2) exam, often referred to as the GRCA (Governance, Risk, and Compliance Architect) exam, focuses on a holistic understanding of GRC across an organization. There isn't a publicly available, specific list of "main points" because the exam tests overall comprehension and application of the C2M2 framework, not rote memorization. However, the key areas covered consistently include:

• Understanding the OCEG C2M2 Framework: This is paramount. You must understand the model's components, its purpose, and how it facilitates effective GRC. This includes the core components (Governance, Risk Management, and Compliance), the interconnectedness between them, and the overall framework's structure and principles.

• GRC Principles and Best Practices: The exam tests your knowledge of widely accepted best practices within each GRC area. This includes understanding the roles and responsibilities within a GRC program, the importance of risk appetite and tolerance, and different methodologies for risk assessment and mitigation.

• Implementing and Managing a GRC Program: A significant portion focuses on the practical application of the C2M2 framework. This involves understanding how to design, implement, and manage a GRC program within an organization, considering various factors like size, industry, and risk profile. This often includes aspects of program governance, technology integration, and stakeholder management.

• Alignment with Business Objectives: The exam stresses the importance of aligning GRC activities with the organization's overall strategic objectives. You need to understand how GRC contributes to achieving business goals and how it can be integrated into business processes.

• Technology and Automation within GRC: While not the sole focus, the exam tests your awareness of how technology can support and enhance GRC activities. This includes understanding the role of GRC software, data analytics, and other technological solutions.

• Risk Assessment and Treatment: A deep understanding of risk identification, analysis, response, and monitoring is crucial. This includes understanding different methodologies and techniques for risk assessment and the various strategies for mitigating risks (avoidance, transfer, mitigation, acceptance).

• Compliance Requirements: You should understand the importance of regulatory compliance and how GRC helps organizations meet their legal and regulatory obligations. This isn't about specific regulations, but rather the framework for managing compliance.

In short, the exam emphasizes a broad understanding of GRC principles, best practices, and the practical application of the OCEG C2M2 framework to design and manage a comprehensive and effective GRC program. Preparing for the exam requires studying the OCEG C2M2 model thoroughly and understanding its practical application in diverse organizational settings. Focusing solely on memorizing facts will likely be insufficient; a conceptual understanding and ability to apply the framework are key.