Gartner Research

Gartner Peer Insights ‘Lessons Learned’: Implementing IT Vendor Risk Management Tools

Published: 18 March 2020

ID: G00467244

Analyst(s): Peer Contributors


IT VRM tools comprise solutions and services that automate processes in the vendor risk evaluation life cycle. SPVM leaders can learn from the implementation experience of their peers shared on Gartner Peer Insights.

Table Of Contents


Peer Lessons Learned

  • Lesson 1: Define Organizational Requirements and Involve Stakeholders From Beginning of the Project
  • Lesson 2: Compare Multiple Vendors and Conduct POCs Before Selecting a Suitable IT VRM Tool
  • Lesson 3: Review Internal Processes and Align Them With the Tool’s Workflow Before Implementation
  • Lesson 4: Develop a Clear Implementation Roadmap and Collaborate With an Expert Implementation Partner
  • Lesson 5: Schedule On-Site Training for the Tool Administrator(s) and Support Staff
  • Methodology

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