Compliance and governance refer to adherence to an organization's laws, regulations, standards, and ethical practices. Compliance ensures that the organization operates within legal and regulatory boundaries, while governance involves establishing policies, procedures, and structures to guide decision-making and ensure accountability at all levels of the organization. Using SOPTICS, organizations can systematically track compliance and governance goals in alignment with project management theory steps. This includes monitoring indicators such as regulatory compliance assessments, policy adherence, internal control effectiveness, ethical conduct training completion, audit findings resolution, and legal risk mitigation. Additionally, the system facilitates the integration of compliance and governance interventions, allowing for tracking indicators such as whistleblower reports, code of conduct violations, governance training participation, policy update implementation, and board oversight activities. This comprehensive approach enables organizations to advance compliance and governance initiatives while measuring their impact and progress effectively.
