Risk Monitoring and Control Sample Clauses

Risk Monitoring and Control. Frequent and proactive review of risks is a critical component of success on the ATS re-platform project. Risks are continually managed throughout the project lifecycle. The Vendor PM hosts a weekly meeting to review Risk Response Plan statuses and determine whether any assistance or escalation is needed on the highest-ranked risks. Any new risks or changes in risk are documented. Any risks that do not have an effective action plan or are not executing to the plan are escalated for resolution. Risks associated with change requests are reviewed as part of the change control process. Risk assessments, residual risks, and acceptable levels of risk are reviewed at planned intervals, taking into consideration any changes in project direction and policy. The impact, probability, and strategy are reviewed/updated, including the Risk Response Plans as needed. All risks are tracked through closure. In this step, the Vendor’s Project Manager, collaborating with the County’s Project Manager, determines whether the Risk Response plan has been completed and the risk has been mitigated. The Vendor Project Manager closes the risk as appropriate and documents results of the response plan for inclusion in Vendor’s lessons learned repository.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Risk Monitoring and Control. The purpose of the risk monitoring and control subtask is to document the identified risk assessment, monitoring and control for use in the gate reviews.
Sample 1

Related to Risk Monitoring and Control

  • Monitoring and Reporting 3.1 The Contractor shall provide workforce monitoring data as detailed in paragraph 3.2 of this Schedule 8. A template for data collected in paragraphs 3.2, 3.3 and 3.4 will be provided by the Authority. Completed templates for the Contractor and each Sub-contractor will be submitted by the Contractor with the Diversity and Equality Delivery Plan within six (6) Months of the Commencement Date and annually thereafter. Contractors are required to provide workforce monitoring data for the workforce involved in delivery of the Contract. Data relating to the wider Contractor workforce and wider Sub-contractors workforce would however be well received by the Authority. Contractors and any Sub-contractors are required to submit percentage figures only in response to paragraphs 3.2(a), 3.2(b) and 3.2(c).

  • Risk Management Policy The Administrative Agent and the Lenders shall have received a copy of the Risk Management Policy, including position and other limits, which shall be satisfactory in content and form to the Administrative Agent.

  • Quality Control A. Controlled Affiliate agrees to use the Licensed Marks and Name only in connection with the licensed services and further agrees to be bound by the conditions regarding quality control shown in attached Exhibit A as they may be amended by BCBSA from time-to-time.

  • Program Management 1.1.01 Implement and operate an Immunization Program as a Responsible Entity

  • Risk Management Except as required by applicable law or regulation, (i) implement or adopt any material change in its interest rate and other risk management policies, procedures or practices; (ii) fail to follow its existing policies or practices with respect to managing its exposure to interest rate and other risk; or (iii) fail to use commercially reasonable means to avoid any material increase in its aggregate exposure to interest rate risk.

  • Risk Management Instruments Except as would not, individually or in the aggregate, reasonably be expected to have a Company Material Adverse Effect, all derivative instruments, including, swaps, caps, floors and option agreements, whether entered into for the Company’s own account, or for the account of one or more of the Company Subsidiaries or its or their customers, were entered into (i) only in the ordinary course of business, (ii) in accordance with prudent practices and in all material respects with all applicable laws, rules, regulations and regulatory policies and (iii) with counterparties believed to be financially responsible at the time; and each of such instruments constitutes the valid and legally binding obligation of the Company or one of the Company Subsidiaries, enforceable in accordance with its terms, except as may be limited by the Bankruptcy Exceptions. Neither the Company or the Company Subsidiaries, nor, to the knowledge of the Company, any other party thereto, is in breach of any of its obligations under any such agreement or arrangement other than such breaches that would not, individually or in the aggregate, reasonably be expected to have a Company Material Adverse Effect.

  • Investment Management Services (a) The Manager shall manage the Fund’s assets subject to and in accordance with the investment objectives and policies of the Fund and any directions which the Trust’s Board of Trustees may issue from time to time. In pursuance of the foregoing, the Manager shall make all determinations with respect to the investment of the Fund’s assets and the purchase and sale of its investment securities, and shall take such steps as may be necessary to implement the same. Such determinations and services shall include determining the manner in which any voting rights, rights to consent to corporate action and any other rights pertaining to the Fund’s investment securities shall be exercised. The Manager shall render or cause to be rendered regular reports to the Trust, at regular meetings of its Board of Trustees and at such other times as may be reasonably requested by the Trust’s Board of Trustees, of (i) the decisions made with respect to the investment of the Fund’s assets and the purchase and sale of its investment securities, (ii) the reasons for such decisions and (iii) the extent to which those decisions have been implemented.

Time is Money Join Law Insider Premium to draft better contracts faster.