What are the four dimensions used to assess Total Performance in the GRC Capability Model?
What are the four dimensions used to assess Total Performance in the GRC Capability Model?
A . Quality, Productivity, Flexibility, and Durability
B . Accuracy, Precision, Speed, and Stability
C . Effectiveness, Efficiency, Responsiveness, and Resilience
D . Compliance, Consistency, Adaptability, and Robustness
Answer: C
Explanation:
The four dimensions used to assess Total Performance in the GRC Capability Model are:
Effectiveness:
Measures the extent to which objectives are achieved.
Assesses whether the right goals are pursued with the desired outcomes.
Efficiency:
Focuses on minimizing resource consumption while maximizing results.
Ensures processes are streamlined and cost-effective.
Responsiveness:
Evaluates the organization’s ability to adapt quickly to changes in the internal and external
environment.
Reflects agility in addressing risks, opportunities, or stakeholder demands.
Resilience:
Assesses the capability to recover from disruptions or challenges. Ensures long-term sustainability and operational continuity.
Reference: OCEG GRC Capability Model: Defines performance dimensions critical to GRC implementation.
ISO 31000: Aligns with these dimensions for risk management effectiveness and resilience.
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