Third-Party Risk Management Awareness

Managing supplier, vendor and partner risks effectively

Course Overview

This course provides learners with an understanding of third-party risks and the controls organisations use to manage external relationships. Learners will explore supplier risk assessments, due diligence requirements, ongoing monitoring and governance expectations. The course supports stronger procurement processes, operational resilience and regulatory compliance.

Learning Outcomes

• Understand the purpose of third-party risk management
• Identify risks associated with suppliers and vendors
• Apply due diligence and onboarding controls
• Monitor third-party performance and compliance
• Recognise concentration and dependency risks
• Support supplier governance frameworks
• Reduce organisational exposure to external risks

Course Structure (3 topics, 9 lessons)