An engagement risk project in SAP Ariba is designed to assess risks associated with a specific business engagement with a supplier. This type of project can be directly associated with a Contract Workspace (Procurement). This integration allows an organization to automatically trigger a risk assessment when a contract is being created. This ensures that potential risks related to the specific terms, deliverables, and legal commitments of the contractual engagement are evaluated before the contract is finalized and signed, aligning the risk assessment process directly with the formalization of the business relationship.

A. Supplier performance management projects focus on post-award monitoring of an existing supplier's performance, not the pre-engagement risk assessment.

B. Supplier registration projects are for the initial onboarding of a supplier, which is a prerequisite to, but distinct from, a specific business engagement or transaction.

D. While risk projects can also be linked to sourcing projects, the contract workspace represents the formal, legally binding "engagement," making it a primary and definitive association point.

1. SAP Ariba Help Portal. "Supplier risk control in integrated sourcing events and contracts." This document explicitly states, "SAP Ariba Supplier Risk allows you to create risk assessment projects as subprojects of sourcing projects and contract workspaces." This confirms that a Contract Workspace is a valid project type for association.

2. SAP Ariba Help Portal. "Managing supplier risk engagement projects." This guide details the process, noting that "A risk engagement project can be created manually, or it can be created automatically when a user creates a sourcing project or a contract workspace from a template that is configured to create a risk assessment." This further validates the direct link between a contract workspace and an engagement risk project.