What is Third Party Risk Management (3PRM, TPRM)?
Third party risk is inseparable from doing business with third parties, vendors, service providers, and suppliers. In fact, organizations are always exposed to risk from external entities that power its extended enterprise.
Third-Party Risk Management (3PRM / TPRM) is systematic, repeatable processes that deliver fact-based risk insight, enabling risk-informed decisions and effective risk oversight.
Third party risk management is recognized as an essential capability for organizations in all sectors and geographies. Regulators have telegraphed its importance with increasing stringent regulatory guidance.
Investing in C3PRMP certification communicates a strong commitment to third party risk management and professional development.
Third-Party Risk Management (3PRM / TPRM) is systematic, repeatable processes that deliver fact-based risk insight, enabling risk-informed decisions and effective risk oversight.
Third party risk management is recognized as an essential capability for organizations in all sectors and geographies. Regulators have telegraphed its importance with increasing stringent regulatory guidance.
Investing in C3PRMP certification communicates a strong commitment to third party risk management and professional development.
Certified Third Party Risk Management Professional (C3PRMP): What Will You Learn?
You will learn how to:
- Identify, assess, manage, and control third party risk throughout the relationship lifecycle.
- Align risk taxonomy, domains, and specialists to coordinate activities and integrate risks and methodologies for effective third party risk management and governance.
- Understand risk frameworks, best practices, and pitfalls, and how third party risk management integrates with internal operations and the extended enterprise.
C3PRMP is not just another course. It’s a prestigious university-level certification program that delivers actionable content essential for effective and efficient third party risk management.
Investing in C3PRMP certification demonstrates a strong commitment to risk management, professional development, and compliance by organizations and individuals.
Authored by renowned expert Linda Tuck Chapman, C3PRMP is grounded in robust frameworks like COSO and ISO, C3PRMP delivers a transferable, repeatable approach for creating a sound control environment, enhancing risk mitigation, risk oversight and compliance. The content is further enriched by real-world experiences “from the trenches”, and Linda’s best-selling book “Third Party Risk Management: Driving Enterprise Value”.
C3PRMP stands out as the most comprehensive certification available anywhere. In 40+ hours of learning, participants graduate with the skills and knowledge to support third party risk management operational resilience goals, while earning 66 CPE credits or 20 CPD credits.
Take the lead in third party risk management today. Enrol yourself or your team in C3PRMP today!
- Identify, assess, manage, and control third party risk throughout the relationship lifecycle.
- Align risk taxonomy, domains, and specialists to coordinate activities and integrate risks and methodologies for effective third party risk management and governance.
- Understand risk frameworks, best practices, and pitfalls, and how third party risk management integrates with internal operations and the extended enterprise.
C3PRMP is not just another course. It’s a prestigious university-level certification program that delivers actionable content essential for effective and efficient third party risk management.
Investing in C3PRMP certification demonstrates a strong commitment to risk management, professional development, and compliance by organizations and individuals.
Authored by renowned expert Linda Tuck Chapman, C3PRMP is grounded in robust frameworks like COSO and ISO, C3PRMP delivers a transferable, repeatable approach for creating a sound control environment, enhancing risk mitigation, risk oversight and compliance. The content is further enriched by real-world experiences “from the trenches”, and Linda’s best-selling book “Third Party Risk Management: Driving Enterprise Value”.
C3PRMP stands out as the most comprehensive certification available anywhere. In 40+ hours of learning, participants graduate with the skills and knowledge to support third party risk management operational resilience goals, while earning 66 CPE credits or 20 CPD credits.
Take the lead in third party risk management today. Enrol yourself or your team in C3PRMP today!
Learn from an Expert:
Lead architect for C3PRMP, Linda Tuck Chapman is the world’s foremost authority in third party risk and relationship management.
Career highlights include CPO and Head, Third Party Risk Management in three major financial institutions; many years as a consultant and advisor specializing in third party risk management; author; speaker; trainer; and guest lecturer at Columbia University School of Professional Studies and Wharton Executive Education.
Career highlights include CPO and Head, Third Party Risk Management in three major financial institutions; many years as a consultant and advisor specializing in third party risk management; author; speaker; trainer; and guest lecturer at Columbia University School of Professional Studies and Wharton Executive Education.
Who Should Enroll in C3PRMP?
C3PRMP certification is perfect for professionals at all levels who engage in any capacity with third parties.
C3PRMP certification will elevate your expertise. Whether you’re a practitioner, a service provider, or looking to advance your career, the skills and knowledge you learn in C3PRMP really matters.
If you’re in one of these roles, you’ll be in good company in C3PRMP.
Audit, Business Continuity Management Compliance, CyberSecurity, ERM, Management Consultant, Finance Financial Crimes, InfoSec, ORM, Procurement, Risk Governance, Risk Specialist, Supplier Manager, Vendor Manager, CPA (earn 66 CPE credits), University student/grad, Regulator Supplier, Vendor.
C3PRMP is your Game-Changer.
C3PRMP certification elevates practitioners into industry-leading experts.
C3PRMP certification will elevate your expertise. Whether you’re a practitioner, a service provider, or looking to advance your career, the skills and knowledge you learn in C3PRMP really matters.
If you’re in one of these roles, you’ll be in good company in C3PRMP.
Audit, Business Continuity Management Compliance, CyberSecurity, ERM, Management Consultant, Finance Financial Crimes, InfoSec, ORM, Procurement, Risk Governance, Risk Specialist, Supplier Manager, Vendor Manager, CPA (earn 66 CPE credits), University student/grad, Regulator Supplier, Vendor.
C3PRMP is your Game-Changer.
C3PRMP certification elevates practitioners into industry-leading experts.
Program Structure: What to Expec
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C3PRMP is a video-based program, complemented by pragmatic required reading, Review Questions and a short essay. For other pursuing CPE credits, you will also complete the Qualifying Assessments. We encourage participants to communicate with Faculty, either in our confidential Discussion Forum or by video-chat.
Delivering the flexibility you need to balance your work, personal and learning commitments, 40+ hours of content is organized into Modules and bite-sized Lessons. If you prefer a more structured approach, we offer 10 week cohort classes through our partner SIG University.
Graduates will earn a prestigious C3PRMP certification, and be presented with a Certificate of Completion and digital badge. Self-identifying participants can also earn 66 CPE credits, NSABA’s highest award across all accredited courses. Additionally, participants may also earn 20 CPD credits from GARP.
Delivering the flexibility you need to balance your work, personal and learning commitments, 40+ hours of content is organized into Modules and bite-sized Lessons. If you prefer a more structured approach, we offer 10 week cohort classes through our partner SIG University.
Graduates will earn a prestigious C3PRMP certification, and be presented with a Certificate of Completion and digital badge. Self-identifying participants can also earn 66 CPE credits, NSABA’s highest award across all accredited courses. Additionally, participants may also earn 20 CPD credits from GARP.
Frequently Asked Questions - FAQ's
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Why choose C3PRMP?
Certified Third Party Risk Management Professional (C3PRMP) program is the “gold standard” in terms of relevance, scope, and content.
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Staying in Touch
C3PRMP certification must be renewed every three years. Participants are responsible for maintaining their certification, according to our policies and processes. Third Party Risk Institute will attempt to contact you with valuable information for maintaining your certification, and with any updates to the Recertification Policy or procedures. Our method of communication is email. The Update your Contact information form is available on our website so you can let us know when changes occur. We request graduates add Third Party Risk Institute on their “safe senders” list to avoid missing valuable information. Visit: https://thirdpartyriskinstitute.com/recertification/
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What Can I Expect?
The content is at an intermediate level, and is aligned with NASBA’s Business Mgmt. & Organization, Finance, Information Technology, and Specialized Knowledge Field of Study. Learning consists of on-demand videos, mandatory reading, Review Questions, an original essay or two Qualifying Assessments. You may choose to spend more time in areas that are of particular interest or those that are less familiar.
1. On-demand videos are accessible when you log into the course on our password protected site, and until graduation. The videos are organized into 15 sequential Modules, which are clearly labelled, and which consist of short Lessons covering related topics.
2. There is mandatory reading for each Module, accessible in our Resource Library in our password protected learning site. It is important that you read the assigned materials, particularly if you are in the CPE-credit stream, as the content may be tested in the Qualifying Assessments.
3. At the end of each Module, you must successfully respond to Review Questions that reinforce what was covered in the Module. You must achieve a passing grade of 80% prior to advancing to the next Module.
4. If you are enrolled in the Core program stream (e.g., excludes participant in the CPE-Credit stream), you will author a short essay at the end of the program to demonstrate comprehension and how to apply some element(s) of what you’ve learned.
5. If you are enrolled in the CPE-Credit program stream, you must successfully complete two Qualifying Assessments by achieving a minimum passing grade on each. -
How Much Time Does It Take to Complete Program Requirements?
Completing all program requirements for C3PRMP is a personal time investment of ~45 hours, typically over 10 weeks. You will find a recommended Coursework Plan in the C3PRMP Participant Handbook, but you can set your own pace.
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What is the Maximum Completion Timeframe?
Within 4 months from the date of purchase, you must finish all coursework, including:
- on-demand videos
- mandatory reading
- achieving a minimum passing grade of 80% on the Review Questions
- submitting an original essay (Core program stream) or achieving a minimum passing grade of 70% on two Qualifying Assessments (CPE Credit program stream)
The maximum completion time for successfully completing all course work in our certification programs is 12 months from the date of purchase.
Note: You may choose to request a deferment to the start date, or an extension to the learning time frame, which must be approved by Third Party Risk Institute in accordance with our Deferment, Cancellation and Refund Policy. -
How can I earn 66 CPE credits?
Self-identifying participants are eligible to earn 66 CPE credits upon completing all program requirements. This includes completing all learning activities including successfully completing two Qualifying Assessments.
Third Party Risk Institute Ltd. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Note: Upon successful completion of all learning activities all Participants that have self-identified as a member of the Global Association of Risk Professionals will earn 20 CPD credits. This GARP’s maximum award for any learning event. -
Which CPE Credit Fields of Study, and How Many Credits for Each?
Self-identifying participants will earn 66 CPE credits upon completing all program requirements, including two Qualifying Assessments as required by NASBA. Learning is aligned with NASBA’s Fields of Study.
Here is the breakdown of the CPE credits earned per field of study in C3PRMP:
Business Management and Org. - 11 CPE credits
Finance - 1 CPE credit
Information Technology - 3 CPE credits
Specialized Knowledge - 51 CPE credits -
What Does QAS Self-Paced Delivery Method Mean?
A QAS Self Study program is an educational program completed individually without the assistance or interaction of a real time instructor. QAS Self Study programs must elicit participant responses to test for understanding of the material. Appropriate feedback must be provided. Satisfactory completion of the program must be confirmed during or after the program through a qualified assessment. Third Party Risk Institute Ltd. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
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Are there any requirements to maintain my C3PRMP certification?
Yes, your C3PRMP certification is valid for three (3) years from the date of issue and must be renewed according to our policies and processes. To maintain your certification, you must submit an Application for Certification Renewal and provide evidence that you earned 75 Continuing Education (CE) credits during the renewal period.
Alternatively, you may choose to re-enroll in C3PRMP and complete all learning activities. We offer deeply discounted fees for participants choosing to re-enroll.
For details about eligible CE credits or how to re-enroll in C3PRMP for a deeply discounted fee, our website has all the information you need to know about Maintaining Your Certification. Or ask us for a copy of our Recertification Policy.
The Application for Certification Renewal, and Instructions, Application for Re-Enrollment, and Continuing Education (CE) Credits submission form can be found when you enroll in our Maintaing your C3PRMP Certification on our website, including recertification processing and re-enrollment fees. -
Is C3PRMP still for me if I don’t need CPE credits?
Yes! C3PRMP is the global “gold standard” for third party risk management designations, and there is a lot to learn. Investing in yourself and C3PRMP certification demonstrates that you and your organization are serious about managing third party risks and relationships.
C3PRMP will enhance your expertise and sharpen your skills in the “hottest” risk topic that is affecting organizations around the world today. And your professional designations follow you in your career, wherever you go. If you work in a regulated entity, remember that a recognized certification identifies you as a qualified professional. C3PRMP provides documentary evidence that key personnel have the requisite commitment and knowledge. -
Are there any prerequisites required to enroll in C3PRMP program?
Yes. You must have one of the following qualifications:
• Bachelor’s degree
• 3 years of management experience
• 5+ years of general business experience -
Tell me about the Review Questions
After you complete each Module, you will consolidate your understanding of the content and reinforce your learning by successfully responding to the Review Questions before moving to the next Module.
All C3PRMP participants must achieve a minimum passing grade of 80% on each set of Review Questions. You can respond as many times as necessary until you pass. -
Are there any exams?
NASBA Standards require participants to successfully complete our Qualifying Assessments, which are multiple choice “exams” in C3PRMP, to qualify for CPE credits.
The first Qualifying Assessment takes place after completing all coursework for Modules 1 to 7 inclusive. The second Qualifying Assessment takes place after completing all coursework in Modules 8 to 15.
Unlike the Review Questions that present detailed explanations and the source for correct and incorrect responses, immediately upon completion you will receive a grade but no further details.
Good news….
• you can complete the Qualifying Assessment as many times as needed to achieve a 70% passing grade within the time limit for the program.
• All content from the Qualifying Assessments is sourced from the videos and mandatory reading.
• Qualifying Assessments are designed to test comprehension, not “trick” you!
Consider preparing for a Qualifying Assessment by spending some quality time with the Review Questions found at the end of each Module. Ensure that you understand the meaning of the response options for each question by intentionally selecting correct and incorrect responses. You will be presented with an explanation for each response option, and its source. -
Who needs to submit an essay?
All Core Participants (e.g., this excludes CPE-Credit Participants) will author an original essay that demonstrates their understanding of one or more elements of what was covered, and how it applies in a real-life situation. The minimum length is 800 words, and there is no maximum. Essays are subject to a plagiarism check, and may result in the Participant being expelled, without a refund.
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What happens after I submit my essay?
Your essay will be read by Faculty, and you will receive their feedback. With your permission, we may feature your essay in Third Party Risk Institute’s Newsletter, with or without attribution, according to your wishes.
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What happens when I complete all C3PRMP program requirements?
When you have completed all program requirements, you join the growing ranks of Certified Third Party Risk Management Professionals, and earn the right to use the C3PRMP professional designation in your electronic signature, in social media, and your CV.
Within two weeks of completing all requirements, you will receive your C3PRMP Certificate of Completion and digital badge.
C3PRMP graduates receive a one-year complementary membership in Third Party Risk Institute Ltd. or one-year extension or those with existing memberships. Membership gives you access to our Resource Library, standing invitation to our “Ask the Expert” live stream video series, Discussion Forum, Newsletter, and preferred pricing on other products and services. -
How long is my C3RPMP certification valid?
C3PRMP certification is valid for three years from the date of Issuance, then you must recertify.
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How Do I Maintain my C3PRMP Certification?
Your Certification is renewable by enrolling in the Maintaining Your Certification course on our website, and meeting all recertification requirements, including providing proof of 75 Continuing Education (CE) credits earned since the most recent date on your Certificate of Completion, or by re-enrolling in C3PRMP completing all program learning activities.
It is your responsibility to maintain your certification, initiate recertification activities and submit required documentation and payment as required by our policies.
A list of eligible CE Credits is available on our website – Maintaining Your Certification – and in our Recertification Policy.
Each three-year certification renewal period starts on the date all program materials were completed, the date on your Certificate of Completion. Up to 90 days before and within 30 days after expiry of the most recent Certificate of Completion, graduates will submit an Application for Certification Renewal to [email protected] and remit payment of the processing fee.
For more information, please refer to the Maintaining Your Certification course on our website.
Benefits of a C3PRMP Certification:
By earning a C3PRMP certification, you’re adding value to your organization, and being valued for your expertise.
C3PRMP is a prestigious credential you’ll be proud to showcase within your organization, on your CV, and in LinkedIn profile.
Our commitment to learning extends to fostering a community of third party risk management professionals. As part of this commitment, we offer a 10% discount for on Membership and any of our Certificate Programs to our graduates.
C3PRMP is a prestigious credential you’ll be proud to showcase within your organization, on your CV, and in LinkedIn profile.
Our commitment to learning extends to fostering a community of third party risk management professionals. As part of this commitment, we offer a 10% discount for on Membership and any of our Certificate Programs to our graduates.
Why Choose C3PRMP?
- World-Class Content:
The very best in third party risk management practices.
Globally accepted risk management frameworks and actionable content
- Adult Learning for Professionals: Integrated theory, current, and emerging best practices. Real-world experiences, insights and solutions. Review Questions that reinforce learning.
Globally Recognized Certification: C3PRMP certification program is the acknowledged as the market leader by graduates and competitors. Comprehensive and practical, nothing compares with C3PRMP.
Unique Resource Library: Access thousands of risk management frameworks, articles, white papers, tips, interviews. Join our monthly “Ask the Expert” LiveStream events. Review our monthly Newsletter, indepth analysis of hot topics.
- Adult Learning for Professionals: Integrated theory, current, and emerging best practices. Real-world experiences, insights and solutions. Review Questions that reinforce learning.
Globally Recognized Certification: C3PRMP certification program is the acknowledged as the market leader by graduates and competitors. Comprehensive and practical, nothing compares with C3PRMP.
Unique Resource Library: Access thousands of risk management frameworks, articles, white papers, tips, interviews. Join our monthly “Ask the Expert” LiveStream events. Review our monthly Newsletter, indepth analysis of hot topics.
Pricing options
All our members get a special discount on all the courses
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Special pricing is available for
Participants from the UN’s list of special countries
Ask us about Enterprise pricing, bundled pricing, and special pricing for teams of 5 or more.
Participants from the UN’s list of special countries including India, African nations, and Underdeveloped Countries 2023 listed at www.worldpopulationreview.com may be eligible for our “Emerging Nations” pricing.
Participants from the UN’s list of special countries including India, African nations, and Underdeveloped Countries 2023 listed at www.worldpopulationreview.com may be eligible for our “Emerging Nations” pricing.
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Our Policies
We recognize the importance of content-rich, current, and actionable content for our programs, courses and eWorkshops. We intentionally design our accessibility and flexibility into our approach and develop content for time-constrained adult learners.
Content is developed by one or more subject matter experts, who are typically seasoned practitioners with relevant expertise, business and/or academic experience, communication skills, and reputation that matches learners’ requirements with their specialized knowledge and/or experience. Reviewers provide assure assurance that the materials are up to date, and that the content is accurate, timely, and consistent with currently accepted standards relating to the subject of the program.
You can cancel participation and receive a refund for a program minus a $250. administration fee, subject to the following:
- the request for cancellation is received by email by sent to [email protected] within 5 business days of enrollment; and
- you have not accessed any program materials or our Resource Library
If the above conditions are not met, registration fees paid minus 30% will be converted to a non-transferable, non-refundable credit that can be applied toward a future program within one (1) year of the date of enrollment.
Sometimes life gets in the way. You can defer your start date, subject to the terms of our Cancellation or Withdrawal policy. We will work closely with you to find a mutually agreeable alternate date, where possible.
If you have concerns that haven’t been resolved, you can contact our Chief Executive Officer, Linda Tuck Chapman at [email protected]. She will acknowledge your concern, investigate the matter, and get back to you as soon as possible.
For a copy of our administrative policies, please email [email protected] . Please tell us what you’re looking for, and why.
Content is developed by one or more subject matter experts, who are typically seasoned practitioners with relevant expertise, business and/or academic experience, communication skills, and reputation that matches learners’ requirements with their specialized knowledge and/or experience. Reviewers provide assure assurance that the materials are up to date, and that the content is accurate, timely, and consistent with currently accepted standards relating to the subject of the program.
You can cancel participation and receive a refund for a program minus a $250. administration fee, subject to the following:
- the request for cancellation is received by email by sent to [email protected] within 5 business days of enrollment; and
- you have not accessed any program materials or our Resource Library
If the above conditions are not met, registration fees paid minus 30% will be converted to a non-transferable, non-refundable credit that can be applied toward a future program within one (1) year of the date of enrollment.
Sometimes life gets in the way. You can defer your start date, subject to the terms of our Cancellation or Withdrawal policy. We will work closely with you to find a mutually agreeable alternate date, where possible.
If you have concerns that haven’t been resolved, you can contact our Chief Executive Officer, Linda Tuck Chapman at [email protected]. She will acknowledge your concern, investigate the matter, and get back to you as soon as possible.
For a copy of our administrative policies, please email [email protected] . Please tell us what you’re looking for, and why.