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Part III - Contract Performance, Renegotiations, and Enforcement Learning Outcomes: At the completion of Part III, students will be able to: Explain the vendor onboarding
Part III - Contract Performance, Renegotiations, and Enforcement Learning Outcomes: At the completion of Part III, students will be able to: Explain the vendor onboarding process and the various risk management and compliance issues involved. Understand the various risks involved during the performance of a vendor contract and use of contracting and governance mechanisms. Understand the role played by monitoring, audits, and mandatory and voluntary disclosures during the performance phase. Explain the process for enforcing contracts in general and vendor contracts, in particular. Relevant Modules: Module 9: Vendor Onboarding Module 10: Vendor Risk and Control Monitoring Module 11: Vendor Audit Programs
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