TPRM Fundamentals – Details

Content development overview

Shared Assessments maintains certificate and certification course curriculums that define the learner profile, course design, knowledge level, learning objectives, and delivery methods for educational training.  Learner profiles for certificate and certification programs are based on an assessment of the skills, expertise, and competencies required to perform third party risk management job functions.

Job or work practice profiles identify the accountabilities based on day-to-day third party risk personnel roles and responsibilities. Learner profiles for each type of course identify any prerequisite education, experience requirements, or advance preparation required for registration and/or course completion.  Certain programs may have specific eligibility requirements, proof of experience, employer verification, or any applicable work experience substitution or waivers.


    Knowledge Level

    Shared Assessments identifies the learner profiles and knowledge/experience requirements based on member company inputs, industry benchmarking, research, hiring practices, and workforce taxonomy that identify changes in skills and competencies in third party risk. Each certificate or certification course is assigned an appropriate knowledge level based on these requirements.

    TPRM Fundamentals is a beginner or entry level course with a Knowledge Level of Basic. TPRM Fundamentals class is based on a formalized curriculum that is broken into distinct training modules which include specific lessons and learning objectives for each course. Information is presented using multiple user interactions including terms/definitions, processes, case studies, and learning-based scenarios.


    Learning Objectives

    TPRM Fundamentals is based on the foundational principles of third party risk management. Learners who register for the TPRM Fundamentals course will be able to accomplish the following upon class completion:

    • Gain foundational knowledge of third-party risk management, terms, methodologies, and drivers for third party risk based upon each phase of the relationship lifecycle.
    • Learn the components included in a third-party risk management program and how organizations use vendor risk tiers and vendor classification to identify and mitigate third party risk.
    • Attain knowledge of the goals and objectives of conducting third party risk assessments including key processes involved when planning, scoping, and coordinating due diligence activities.
    • Understand the methods involved in analyzing assessment results including processes for risk identification, findings prioritization, corrective actions, and management reporting.


    Additional Information


    No prerequisite knowledge is required to be successful in this course.

    No advance preparation is required.

    Program Level: Basic

    Delivery Method: Self Study

    Shared Assessments CPEs Earned for Completion: 4


    TPRM Fundamentals Page→


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