A hands-on TPRM lifecycle project simulating vendor risk oversight for a media-streaming organization.
StreamSafe TPRM is a simulated Third-Party Risk Management (TPRM) program designed to reflect the full lifecycle of managing vendors in a media-streaming environment. Inspired by the Venminder TPRM model, this project walks through vendor risk classification, due diligence, compliance tracking, and program closure — all structured into six practical phases aligned with industry standards.
| Phase | Lifecycle Stage (Mapped from Venminder) | Focus | Key Deliverables |
|---|---|---|---|
| Phase 1 | Planning & Risk Assessment | Vendor classification, stakeholder alignment | Vendor Classification Chart, Stakeholder Alignment Sheet |
| Phase 2 | Governance Setup | Charter & risk domain definition | TPRM Charter, 📊 Risk Area Map |
| Phase 3 | Due Diligence | Vendor assessments and scoring | Due Diligence Checklist, Vendor Scorecard |
| Phase 4 | Risk Treatment & Contract Controls | IP protection and compliance controls | Coming Soon |
| Phase 5 | Monitoring & Performance | Compliance KPIs and red/yellow/green tracker | Coming Soon |
| Phase 6 | Closure & Exit | Final report and executive presentation | Coming Soon |
Start with the 👉 StreamSafe TPRM Charter
Then explore:
- Phase 1 for vendor classification and stakeholder mapping
- Phase 2 for risk domains and project governance
- Phase 3 for due diligence checklists and vendor scorecards. More phases will be added as the simulation progresses.
- Eramba – for compliance and vendor risk tracking
- Excel – for vendor scoring and alignment
- Microsoft Word – for policy documents and charters
- Frameworks: ISO 27001, SOC 2, GDPR, CCPA
This project is licensed under the Creative Commons Attribution-NonCommercial 4.0 International License.
© 2025 John Idogo. This work is intended for educational and demonstration purposes only. All vendor data is fictional or anonymized.