CGRC · Question #563
Which of the following roles is responsible for review and risk analysis of all contracts on a regular basis? Response:
The correct answer is A. The Supplier Manager. The Supplier Manager is responsible for reviewing and analyzing risks associated with all contracts on an ongoing basis.
Question
Which of the following roles is responsible for review and risk analysis of all contracts on a regular basis? Response:
Options
- AThe Supplier Manager
- BThe IT Service Continuity Manager
- CThe Service Catalogue Manager
- DThe Configuration Manager
How the community answered
(30 responses)- A90% (27)
- B7% (2)
- D3% (1)
Why each option
The Supplier Manager is responsible for reviewing and analyzing risks associated with all contracts on an ongoing basis.
The Supplier Manager's role involves overseeing all aspects of vendor and supplier relationships, including the negotiation, management, and regular review of contracts. This inherently includes conducting risk analysis to ensure that contractual agreements align with organizational objectives and mitigate potential risks effectively.
The IT Service Continuity Manager focuses on ensuring the continuous availability and recovery of IT services after disruptive events, not general contract risk analysis.
The Service Catalogue Manager is responsible for maintaining and publishing the service catalog, detailing available IT services, and is not primarily involved in contract review or risk analysis.
The Configuration Manager is responsible for maintaining information about Configuration Items (CIs) in a Configuration Management System (CMS), which is unrelated to contract risk analysis.
Concept tested: Supplier Management responsibilities
Source: https://www.axelos.com/resource-hub/news-and-insights/what-is-itil-4-supplier-management-practice
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