Assessment Setup: Life Cycle

⇤ Assessment Setup

Use the Life Cycle page in the Vendor Risk Management application to configure your life cycle settings for Bitsight Unified VRM. Life cycles identify where your vendors are in the third party risk management process.

• Drag and drop to re-order the stages.
  • Top = Early
  • Bottom = Late

• Select Edit to edit or + Add Stage to create a new stage.

  * Required.

  Detail	Description
  * Add Name	Enter a name for the stage.
  * Set Color	The color can be set to represent the stage and give yourself a visual hint when looking for the stage, such as in your vendors list.
  * Set Value	The status of the assessment.

• Select Delete to delete a stage.

  The default stages cannot be deleted.