Governance, Risk Management, and Compliance(GRC) in Practice

GRC in Practice: Incident Response, Vendor Risk & Internal Controls

After gaining a solid understanding of governance, compliance, and risk fundamentals, the next crucial step is learning how to apply these principles in real organizational environments. This course focuses on the practical side of Governance, Risk, and Compliance (GRC), showing how GRC functions operate day-to-day in professional settings.

Throughout this course, you will explore how organizations prepare for, respond to, and recover from incidents, including the design and execution of incident response and business continuity plans. You will also learn how vendor risk management programs function, helping organizations evaluate and mitigate risks associated with third-party partners and suppliers. In addition, the course covers the design, implementation, and testing of internal controls that ensure policies and regulations are followed effectively.

You will gain hands-on knowledge of how risk mitigation strategies are applied in practice and how technology — including automation and AI tools — can enhance compliance monitoring and operational efficiency. Real-world lessons from organizational failures and successful responses will provide insight into best practices and common pitfalls in GRC.

This course is designed for students who have completed Forward Edge GRC Foundations: Governance, Compliance & Risk Management or those looking to advance their practical skills in GRC. As Part 2 of the Forward Edge GRC Career Path, it bridges foundational knowledge with actionable skills needed to operate effectively in risk and compliance roles.