TPRM
This four-letter acronym refers to evaluating and managing risks related to vendors and service providers.
What is TPRM?
When a client says this shape-related phrase, it usually means they want to revisit a discussion later.
What is circle back?
This three-letter acronym refers to a risk-based questionnaire often used in vendor assessments.
What is a DDQ (Due Diligence Questionnaire)?
Crowe is one of the largest public accounting, consulting, and technology firms in the U.S. and is headquartered in this city.
What is Chicago, Illinois?
This is the process of evaluating a third party before entering into a relationship.
What is due diligence?
This is what consultants say when they want to check how much time or energy someone has.
What is "do you have bandwidth?"?
A SLA outlines what a vendor promises to deliver. What does SLA stand for?
What is Service Level Agreement?
As of 2025, this individual serves as the CEO of Crowe LLP.
Who is Steven Strammello?
This key document outlines the roles, responsibilities, performance expectations, and security terms between a company and its vendor.
What is a contract?
This is the most-used phrase in a slide deck when you don’t have the final content / numbers yet.
What is "Placeholder"?
This three-letter acronym stands for the document that outlines what work will be done for the client.
What is a SOW (Statement of Work)?
Crowe’s signature annual community service initiative that includes volunteering events across offices.
What is Crowe Cares Day?
This was the year the Interagency Guidance on TPRM was released for financial services companies
When was 2023?
When you join a call and someone says “You’re on mute,” this is your immediate reaction.
What is panic, then fake laugh and say ‘whoops!’ / "double mute"?
If your deliverable isn’t done yet, you might label it as a WIP. What does that stand for?
What is Work in Progress?
Crowe was originally founded this year.
What is 1942?
This approach to risk rating considers both the impact to the organization and the likelihood of a risk event occurring before considering controls a third party has in place.
What is inherent risk scoring?
This term means to start a project or meeting.
What is "kick off"?
A RACI chart helps clarify roles in a project. What does RACI stand for?
What is Responsible, Accountable, Consulted, Informed?
Crowe was originally founded under this name.
What is Crowe Chizek?