Risk Assessment and Management. The Contractor shall perform risk assessment and management. The Contractor shall use its own established Risk Management Program; however, the Risk Management Program shall at a minimum contain the following: Risk management shall be a continuous process, analyzing program risks and individual mitigation plans on a sufficiently frequent basis to be proactive in preventing major Program problems. Major problems include, but are not limited to, not meeting delivery dates and nonconformance to specifications and drawings. The analysis shall identify the risks associated with each area, assess the probability of occurrence, identify the impact of each risk on the overall program, and develop and implement risk mitigation plans for identified risks. The risk analysis shall use metrics from the Contractor’s Risk Management Program. Risk analysis status and metrics shall be reported in the Contractor’s Progress, Status and Management Report in accordance with CDRL A005 and presented during Program and Technical Reviews.
Risk Assessment and Management. The Contractor shall develop, implement, and maintain a Contractor’s Risk Management Plan (CDRL A023) that meets the requirements of the PEO IWS 10 CVN 78 Combat System Risk Management Plan (Attachment J-02) and includes a process that identifies, evaluates, and mitigates program risks including technical environmental, safety, cost, and schedule components. Risks shall be evaluated as to their impact on reliability, safety, supportability, affordability, schedule, and technical performance objectives. The Contractor shall implement mitigation plans that will reduce the risks to an acceptable management level for those risks with the highest probability to occur. Mitigation plans shall be managed and updated as contract performance proceeds. All risks shall be identified and reported to the Government and briefed during each program review and monthly interchange meetings. The report shall include risk identification, risk assessment, risk ranking, risk trends, risk mitigation, human, hardware, and software performance analysis and tradeoffs, risk monitoring. Risk metrics shall be generated in accordance with PEO IWS 10 CVN 78 Combat System Risk Management Plan (Attachment J-02), and be reported as part of the Contractor’s Progress, Status and Management Report (CDRL A002) during program reviews. Deliverable Data Item (See DD-1423): CDRL A002: “Contractor’s Progress, Status and Management Report” Deliverable Data Item (See DD-1423): CDRL A023: “Contractor’s Risk Management Plan”
Risk Assessment and Management. 5.7.1 The Contractor shall create and maintain a Risk Management Plan. Contractor shall generate risk metrics in accordance with DODINST 8510.01, RMF for DoD IT and report them as part during program reviews. The Contractor shall submit Report, Record of Meeting/Minutes in accordance with CDRL A014. The Contractor shall submit a Risk Management Plan in accordance with CDRL A029.
Risk Assessment and Management. 2.4.1. The Council considers that its timetable is realistic and deliverable however the timescales involved, set by Welsh Government, are challenging, this is along with the further challenges brought by the Covid 19 pandemic . There is inevitably some element of risk that cannot be foreseen, which could witness the plan deviate from the timetable, as proposed. More detail relating to risk and potential mitigation is outlined at Appendix 3.
Risk Assessment and Management. 9.1 The Parties acknowledge that there are identifiable risks to the successful achievement of the objectives of this MOU as set out in the risk management plans at Attachment C.
Risk Assessment and Management. The contractor shall conduct a process oriented technical risk management program utilizing the Navy’s Program Managers WorkStation (PMWS) tool TRIMS (Technical Risk Identification & Mitigation System). The contractor shall support once a year TRIMS site survey by the Government, as part of its overall risk management process. The contractor shall provide the Government at PMRs analysis of the potential effects on cost and schedule and proposed mitigation plans of all red and yellow (high and medium risk, respectively) TRIMS templates.
Risk Assessment and Management. The Merchant shall provide SPS with such additional information and documents as SPS requires in relation to this Supplemental Agreement, e.g. information regarding products/services, official website and contact email address as well as pictures of stores (outside of building). The Merchant represents and warrants to SPS that – it has all licenses, regulatory approvals and permits legally required to conduct its business; – all products / services offered by it to WeChat Pay Users comply with all applicable laws and regulations and do not infringe upon any third party’s rights; and – all information disclosed to SPS in connection with this Supplemental Agreement is materially true, accurate and complete SPS shall be entitled to perform a risk assessment of the Merchant and to audit (or have audited) the activities of the Merchant for the purposes of SPS’s risk management, e.g. to verify the financial health of the Merchant and/or the nature of the products/services being sold. SPS may request the disclosure of financial statements and other required information. Within the context of fraud monitoring, the Merchant shall, on reasonable prior written notice, provide access to SPS to its premises during normal business hours in order for SPS to conduct an onsite review of the Merchant’s risk management capabilities. The Merchant shall not actively conduct, or assist any Customer to conduct, any high risks activities such as terminal relocation, unauthorized retention or disclosure of customer information, prohibited split payment, false applications and skimming. If SPS discovers that any risk event mentioned above or any (other) potentially illegal activity has occurred at the Merchant, SPS may take measures such as to delay the crediting of reimbursements or to withdraw corresponding terminal devices (to close network payment interfaces). The Merchant authorizes SPS to promptly report any substantial risk event to Tenpay, and Tenpay to submit relevant information the regulatory and law enforce- ment authorities as necessary (subject to any legal restrictions under applicable law). The Merchant acknowledges that Tenpay has the right to adjust the transaction limitations (limitation of the trans- action amount) of a Merchant according to the business/sector categories of the Merchant and the risk conditions of its business activities. SPS does not incur any liability vis-à-vis the Merchant in that case. 116.1521.02/EU_EN/11.2019 Records and Information The M...
Risk Assessment and Management. Each Party shall develop measures to identify and manage risks associated with the manipulation of sports results, particularly in the context of the development of betting activities, and consider the establishment of a viable, equitable and sustainable regulatory framework to protect the integrity of sport. Sports organisations and betting operators shall be invited to do the same.
Risk Assessment and Management. The Contractor shall create and maintain a Contractor’s Risk Management Plan (CDRL A008), which shall include risk identification, assessment, ranking, trends, mitigation, and monitoring. Risk metrics shall be generated in accordance with PEOIWSINST 5000.8 PEO IWS Risk Management Policy and reported as part of the Contractor’s Progress, Status and Management Report (CDRL A002) and during all program reviews. The risk section of the subject report shall include, as a minimum, the following: • Identification of the risk areas; • Assessment of identified risks, including a relative ranking by program impact; • Definition of methods or alternatives to mitigate each risk, including the identification of criteria upon which to base programmatic decisions; • Human, hardware, and software performance; • Analysis and tradeoffs impacted/considered during risk analysis; • Status of resolving/mitigating identified risks. Deliverable Data Item (See DD-1423): CDRL A008: “Contractor’s Risk Management Plan”
Risk Assessment and Management. Section A.6 (Risk Management) summarises the potential impacts associated with the bio-physical and socio-economic aspects of the project. The proposed management strategies associated with each of the identified potential impacts are detailed within Parts B and C of the report. To further these strategies, detailed risk assessments and risk management plans will be undertaken for each of the significant potential impacts where information is presently insufficient or unavailable. The risk assessment process will define a series of action items for advancing the closure planning.
