Purpose of the GRC Glossary

The main aims of the OCEG GRC Glossary are to:

  1. provide an open and interdisciplinary source of plain-language definitions related to principled performance and GRC which includes the governance, assurance and management of performance, risk and compliance
  2. increase clarity and communication between professionals that work in areas related to GRC activities;
  3. use and promote existing authoritative definitions where possible, being careful to highlight or reconcile areas where inconsistencies between disciplines exist; and
  4. be a catalyst for the ongoing and future development of more consistent and open source standards related to principled performance and GRC activities.