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Risk Tide Core: Understanding
Third-Party Risk Management (TPRM)

Build on your professional experience by understanding how third-party and vendor relationships can create operational, data, and business risks. Develop risk-management awareness that can strengthen your current role and support future opportunities in healthcare administration, technology, compliance, procurement, and management.
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Business & Professional Skills
Professional Development Beginner 3 hours 5 modules Certificate English

Most third-party risk programmes fall short not because of bad frameworks, but because the people executing day to day don't understand why it matters. This focused essentials course closes that gap.

Last updated: 06/2026  ·  Language: English  ·  Subtitles: English

What This Course Is About

Overview

Frameworks rarely fail on paper. They fail when the person approving a tool, signing off on a service, or sharing customer data with an agency has no idea their decision carries risk. This course gives non-risk professionals the foundational knowledge to work confidently within their organisation's third-party risk programme.

Across five modules it covers why third-party risk management matters, the full lifecycle from identifying a need through to termination — planning, due diligence, contracting, and monitoring — governance and what happens when things go wrong, where the discipline is heading, and finally how to bring it together into a practical playbook of your own.

The format is self-paced video and interactive text, running to about three hours, with a resource library of a navigation menu, key topics index, and glossary to refer back to. There are no prerequisites.

Skills You'll Build

What You'll Learn

  • 1 Understand what third-party risk management is, and why it's everyone's responsibility
  • 2 Identify and assess vendor risk in everyday business decisions
  • 3 Work through the key lifecycle stages: planning, due diligence, contracting, and monitoring
  • 4 Recognise how your own role connects to broader organisational risk and compliance goals
  • 5 Handle governance and know what to do when things go wrong
  • 6 Use practical language and collaborate confidently with the risk team
  • 7 Build a playbook you can apply to your own vendor relationships
Who This Course Is For

Is This Course Right for You?

Business process owners
Internal auditors
Certified public accountants
Vendor managers
Legal & compliance teams
Marketing teams
Finance & procurement
IT & operations

Built for anyone who touches a vendor relationship — even if third-party risk has never been part of your job description. No requirements or prerequisites, and a certificate on completion.

Course Structure

Content Outline

Resource Library: Navigation Menu, Key Topics Index & Glossary
Module 1: The Big Picture — Why Third-Party Risk Management Matters
Module 2: The Lifecycle — From Need to Termination
Module 3: Governance and Crisis Management — When Things Go Wrong
Module 4: Trends and the Future of the Discipline
Module 5: Bringing It All Together — Your Playbook
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Certificate of Completion

Course Delivery & Certification: This course is offered through MedLabTech Academy using educational content licensed from Risk-Tide. The course content and certificate are provided by Risk-Tide, while MedLabTech Academy facilitates your enrollment and access through our learning platform.

Licensed Course Refund Notice: This course contains third-party licensed content with a per-learner licensing fee. Cancellation requests should be submitted within 2 hours of purchase. After this period, the course fee is generally non-refundable, subject to applicable consumer protection laws.