Vendor Risk Assessment Questionnaire
Vendor risk assessment questionnaire offers insight into various areas of vendor management and their core and non-core functions. Information gathered through this questionnaire will assist in proper vendor management and help in decreasing the overall risks associated with it.
Vendor Risk Assessment Questionnaire Sample
Name of Vendor___________________________________________
Address of the vendor: ______________________________________
City: ________________ State: ___________________ Zip: _________________
Telephone: ____________________ Fax: ____________________________
Website: ______________________________ Email: _______________________________
Q1. What industry and market does your company exist in?
___________________________________________________________________________
Q2. What risk rating will you give your company?
a) High
b) Medium
c) Low
Q3. What is the risk rating of projects you are handling?
a) High
b) Medium
c) Low
Q4. Do you have a risk response plan for your company? Elaborate
_________________________________________________________________________
Q5. Which of the following according to you are high risks?
a) Project implementation and delivery
b) Project milestone and operation
c) Estimated project cost
d) Actual project cost
e) Experience of project team
f) Technology implemented
Q6. What is the standard operating procedure followed by the company?
Q7. Which of the following quality system documentation procedures have you implemented?
a) Validation Planning
b) Risk Management
c) Design and Development
d) Testing
e) Operational Support
f) Traceability
g) Change Management Plan
h) Disaster Recovery Plan
i) Business Continuity Plan
j) Training plan
Q8. Which of the following requirements have been satisfied?
a) Security requirements
b) Financial requirements
c) Risk management requirements
d) Risk recovery requirements
Q9. What changes in procedures have been implemented since last vendor risk assessment?
_________________________________________________________________________
Q10. When was the last time, company audited vendor risks and what was the result of audit?
_________________________________________________________________________
Q11. What changes in procedures will be implemented after this vendor risk assessment?
_________________________________________________________________________
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Category: Vendor Questionnaire
