TP-101Third-party riskFoundationFree
Third-Party Risk Fundamentals
Important is not critical, and large is not important
Establish the distinction between an important supplier and a critical one, understand why dependence never transfers responsibility, and build proportionate arrangements rather than a uniform questionnaire.
3
Lessons
35 min
Estimated time
4
Standards cited
Learning objectives
- Distinguish criticality from spend
- Segment the supplier portfolio
- Understand residual responsibility
- Identify tier-2 dependencies
Intended audience
- Procurement
- Risk
- Legal
- Business lines
Prerequisites
- None
Detailed curriculum
Module 1
Segmenting
Criticality is not readable from the contract value.
Module 2
Governing the relationship
The full lifecycle, from expressed need to exit.
Assessment method
Self-check questions throughout the lessons, with no recorded score. Where an associated track leads to a certification, that certification has a separate exam.
Document issued
This course does not, on its own, lead to a certificate. A track certification, where one exists, is issued after its exam is passed.
Continuity & Resilience editorial team