Starter stories for Third party Risk Management

Prashant64 · 3 weeks ago

Can anyone help me with Starter stories for TPRM (Third party Risk Management)

SumanthDosapati · 3 weeks ago

Sample beginner development stories for TPRM:

As a risk analyst, I want a form to capture basic third-party details so that suppliers can be consistently registered.
As a risk analyst, I want to auto-assign a tier to a third party based on a few key attributes so that initial risk level is determined consistently.
As a risk manager, I want to trigger an assessment when a third party is created or updated so that reviews happen automatically.
As an assessor, I want a simple assessment questionnaire template so that I can send and score basic due-diligence assessments.
As a risk analyst, I want to display inherent and residual risk on the third-party record so stakeholders can quickly view overall risk.
As a process owner, I want to generate an issue automatically when an assessment response fails a threshold so that remediation can be tracked.

Sarthak Kashyap · 3 weeks ago

Please check sample points(you can modify them as per your requirement).

Vendor onboarding: create vendor profiles, assign tiers, capture contacts and services.
Assessment initiation: auto/manual trigger based on tier; select appropriate questionnaires.
Questionnaire management: multi-section surveys, save drafts, attach evidence.
Risk scoring: automated weighted scoring, conditional flags for high-risk responses.
Issue management: auto-create findings, assign remediation tasks, track status.
Reviews and approvals: workflow for review, executive approval of final rating.

Also check below link this will help you

Please mark my answer correct and helpful if this works for you

Thanks and Regards,

Sarthak