Assumption Mitigation Sample Clauses
The Assumption Mitigation clause defines how parties address and manage the risks associated with assumptions made during the drafting or execution of an agreement. Typically, this clause requires the parties to identify key assumptions underlying their obligations and to establish procedures for reviewing, updating, or adjusting those assumptions if circumstances change. For example, if a project is based on the assumption of timely regulatory approval, the clause may specify steps to take if approval is delayed. Its core function is to reduce the likelihood of disputes or project failures by proactively managing the impact of incorrect or changing assumptions.
Assumption Mitigation. In the event that any assumptions are not met or prove to be invalid the parties agree to work in good faith to mitigate any resulting issues 4 Implementation Stages
4.1 Work Breakdown Structure (WBS) The Work Breakdown Structure (WBS) is a hierarchical representation of a Project or Phase broken down into smaller, more manageable components. The top level components are called “Stages” and the second level components are called “work packages.” The work packages, shown below each Stage, contain the high-level work to be done. The detailed Project Plan, developed during Initiate & Plan and finalized during Assess & Define, will list the tasks to be completed within each work package. Each Stage ends with a “Control Point”, confirming the work performed during that Stage of the Project.
4.2 Initiate & Plan (Stage 1) The Initiate & Plan Stage creates a foundation for the Project through identification of City of Fort ▇▇▇▇▇▇ and Tyler Project management teams, development of implementation management plans, and the provision and discussion of system infrastructure requirements. City of Fort ▇▇▇▇▇▇ participation in gathering information is critical. Tyler Project management teams present initial plans to stakeholder teams at Stage end.
4.2.1 Tyler Internal Coordination & Planning Prior to Project commencement, Tyler management staff assigns Project Manager(s). Tyler provides the City of Fort ▇▇▇▇▇▇ with initial Project documents used in gathering basic information, which aids in preliminary planning and scheduling. City of Fort ▇▇▇▇▇▇ participation in gathering requested information by provided deadlines ensures the Project moves forward in a timely fashion. Internally, the Tyler Project Manager(s) coordinate with Sales to ensure transfer of vital information from the sales process prior to scheduling a Project Planning Meeting with the City of Fort Lupton’s team. During this step, Tyler will work with the Client to establish the date(s) for the Project/Phase Planning session. RACI MATRIX KEY: R = Responsible A = Accountable C = Consulted I = Informed STAGE 1 Tyler Internal Coordination & Planning TYLER CLIENT TASKS Tyler Executive Manager Tyler Implementation Manager Tyler Project Manager Tyler Implementation Consultant Tyler Data Conversion Experts Tyler Forms & Reports Experts Tyler Customization Programmers Tyler Technical Support Tyler Sales Client Executive Sponsor Client Steering Committee Client Project Manager Client Functional Leads Client Change Man...
Assumption Mitigation. In the event that any assumptions are not met or prove to be invalid, the parties agree to work in good faith to mitigate any resulting issues.
Assumption Mitigation. In the event that any assumptions are not met or prove to be invalid the parties agree to work in good faith to mitigate any resulting issues 4 Implementation Stages
4.1 Work Breakdown Structure (WBS) The Work Breakdown Structure (WBS) is a hierarchical representation of a Project or Stage broken down into smaller, more manageable components. The top level components are called “Stages” and the second level components are called “work packages.” The work packages, shown below each Stage, contain the high‐level work to be done. The detailed Project Plan, developed during Initiate & Plan and finalized during Assess & Define, will list the tasks to be completed within each work package. Each Stage ends with a “Control Point”, confirming the work performed during that Stage of the Project.
4.2 Initiate & Plan (Stage 1) The Initiate & Plan Stage creates a foundation for the Project through identification of SBCPCD and Tyler Project management teams, development of implementation management plans, and the provision and discussion of system infrastructure requirements. SBCPCD participation in gathering information is critical. Tyler Project management teams present initial plans to stakeholder teams at Stage end.