Third-Party Risk Assessment Project Kickoff Form

Streamline Your Third-Party Risk Assessment Process

Managing vendor risk is critical for businesses working with external suppliers, contractors, and service providers. This third-party risk assessment project kickoff form helps procurement teams, risk managers, and compliance officers establish a structured approach to evaluating and monitoring vendor relationships from day one.

Whether you're in finance, healthcare, technology, or professional services, this template provides a complete framework for documenting your risk assessment project parameters. Capture your vendor inventory, define your risk criteria across security, financial, operational, and compliance domains, and establish clear protocols for assessment, remediation, and ongoing monitoring.

What This Form Helps You Accomplish

Use this project brief template to align stakeholders on risk assessment scope, methodology, and timelines. The form walks you through critical considerations including risk tolerance levels, assessment questionnaire requirements, remediation thresholds, monitoring frequencies, and reporting cadences. By completing this kickoff form, you'll have a clear roadmap for your third-party risk management program.

Automate Your Risk Management Workflow

Once you've captured your project requirements, connect this form to Stepper to automate downstream workflows. Route completed briefs to risk committees for approval, automatically create vendor assessment tasks in your project management system, trigger background check requests, or update your GRC platform with new vendor records. With Paperform's native integrations and Stepper's AI-powered automation, you can turn this kickoff form into the first step of a fully connected risk management process.

Perfect for compliance teams, IT security departments, procurement offices, and risk management professionals who need a systematic approach to third-party risk assessment projects.