This is a dual certification course that awards the CRVPM Level V and CVMPRA designations
Course: 3 chapters, each with exam at the end (80% to pass)
Level V Prerequisite: CRVPM® Level I, CRVPM® ll, CRVPM® III, CRVPM® Level IV
Time Required: approximately 10 hours
CPE Eligible: 12 CPE credits (based on 1 credit per 50 minutes)
Cost: $1,199.00 per person
Includes: ScoreCards, Documents, Charts
- Vendor Management Program RiskAssessor® ScoreCard
- Vendor Inherent Risk ScoreCard®
- Business Continuity Feasibility ScoreCard®
- Vendor Management Program Risk Report boilerplate template
- Vendor Management Policy
- Vendor Exit Strategy
- Vendor Management Oversight Committee (VMOC) Charter
- Vendor Off-boarding Checklist
- GRC Vendor Management Framework
- Vendor Management Lifecycle Stages
Vendor Management programs have been under the regulatory microscope for a number of years and the scrutiny is only increasing in intensity. Even those sectors that are not under regulatory pressure have found that they have been greatly affected by supply chain risk and need to augment their vendor management programs. The advent of the COVID 19 Pandemic revealed many programmatic deficiencies and controls needing to be augmented. Control areas of the vendor management program which were treated informally have been subject to audit and regulatory findings and now require formalized structure and documentation.
Understanding where your vendor management program stands in terms of its adequacy to identify, monitor and manage risk has been a challenge… until now!
Compliance Education Institute’s Advisory Services Group has been conducting Vendor Management Program risk assessments and audits since 2008. We have opened our methodology and provided our assessment tools so that you can assess the adequacy of your company’s or your client’s or your vendor’s vendor management program. Understanding where your vendor management program stands in terms of its adequacy to identify, monitor and manage risk has been a challenge… until now!
Covering 12 control areas and over 120 controls, this certification course provides you with the essential knowledge and tools required to assess your vendor management program to determine your exposures and areas for improvement. Also included is a boilerplate report that you can adapt to your needs to provide an assessment to senior management, committees, auditors, regulators or your clients.
The dual Certified Regulatory Vendor Program Manager (CRVPM®) Level V Advanced course focuses on the 12 control areas of a compliant and sound vendor management program. It addresses the following:
- Program Governance
- ESG – Environmental, Social, Governance
- Outsource Planning
- Risk Assessment
- Selection: RFP/RFI
- Due Diligence
- Contract Structuring
- Ongoing Monitoring and Review
- Business Continuity Management – Resilience