As part of its Annual Assurance Plan, the Office of Internal Audit conducted an internal audit of IT third-party risk management in WFP. The audit covered the period from 1 January 2023 to 31 December 2023. With over 163 long-term agreements with Information Technology service providers and five major private sector technological partnership agreements, third-party risk management is critical to ÐÓ°ÉÂÛ̳in managing risks along the life cycle of a third-party vendor, from the sourcing through the due diligence, monitoring of risks to the termination of the contract relationship. Third-party risk management outlines how an organization assesses, selects, and monitors its vendors to ensure that they meet the organization¡¯s requirements and standards for quality, security, and compliance. Based on the results of the audit, the Office of Internal Audit has come to an overall conclusion of some improvement needed.