Vishal Jaswal
Tera Sage

Hello @Vibha14 


BCM uses risk assessments to identify potential disruptions, including those caused by third-party failures, and develops strategies like BCP to mitigate these risks.

 

TPRM evaluates and monitors risks associated with third-party vendors

 

third-party risk scores from TPRM can feed into BCM’s Business Impact Analysis (BIA) to assess the potential impact on critical operations. 

Third-party elements in TPRM can be added as CIs in the CMDB, enabling them to be included in BCM assessments and recovery plans.

 


Hope that helps!

View solution in original post