Risk Assessment Process Sample Clauses

Risk Assessment Process. The objective of FHWA’s risk assessment process is to establish a consistent approach to identify and prioritize program area risks. Applying the principles of risk makes it possible to identify threats and opportunities; assess and prioritize those threats and opportunities; and determine and prioritize strategies to address future issues affecting the Federal-aid Highway Programs. The risk assessment framework used in the FHWA/MoDOT Strategic Advance identified the top risks from each of the program areas. The LPA Program encompasses many program areas; therefore, MoDOT’s LPA staff will have primary responsibility for implementing the identified strategies to help mitigate the applicable risks listed in the partnering agreements of each program area. FHWA/MoDOT Partnering Agreements are available in the Missouri Division Federal Highway Administration Website, xxxxx://xxx.xxxx.xxx.xxx/modiv/programs/oversite/partner/ The joint LPA Program Risk Assessment identified the following top risks and mitigation strategies for PY21. MoDOT and FHWA agree to partner together during the FHWA Performance Year 2021 to make improvements to the LPA Program that will help to mitigate these risks. • LPA Training: o Provide training opportunities for MoDOT and LPAs in order to address staffing and technical capacity of LPAs. o Identify and facilitate training opportunities for MoDOT and LPAs while utilizing LTAP and other avenues. Make applicable changes to EPG. • Buy America: o Work with our partners to ensure that Buy America documentation requirements are being met on all MoDOT and LPA projects. o Perform Buy America focused reviews on LPA projects and provide Buy America training as requested. Assist in revisions to LPA Boiler Plate template and reviewing/approving MoDOT programmatic items. • LPA Project Authorization: o Use a risk-based approach, to conduct process review activities to improve the timeliness of FMIS authorization requests on LPA projects. o Complete project authorization reviews on LPA projects to ensure all federal requirements are met prior to authorization. • LPA Design-Build: o Develop and implement an LPA Design-Build (D-B) Agreement. o Perform focused reviews on LPA D-B projects. FHWA LPA Coordinator and MoDOT Central Office LPA staff agree to coordinate a yearly meeting to assess the state of the LPA program and identify any potential risk areas and potential mitigation strategies to reduce the risk.
Sample 1
Risk Assessment Process. ‌ Within 120 days after the Effective Date, Amgen shall develop and implement a centralized annual Risk Assessment Process to identify and address risks associated with each of Amgen’s Government Reimbursed Products and with applicable Federal health care program requirements. The Risk Assessment Process shall require compliance, Amgen Inc. Corporate Integrity Agreement legal, and department leaders, at least annually, to: (1) identify and prioritize risks related to the sales, marketing, and promotion of Government Reimbursed Products, and risks associated with Amgen’s operation of any Patient Assistance Related Function and the company’s arrangements and interactions with any Independent Charity PAPs, (2) develop mitigation plans in response to the results of risk assessments performed, and (3) track the implementation of the mitigation plans in order to assess the implementation, status, or effectiveness of such plans. Amgen shall maintain the Risk Assessment Process for the term of the CIA.
Sample 1
Risk Assessment Process. The objective of FHWA’s risk assessment process is to establish a consistent approach to identify and prioritize program area risks. Applying the principles of risk makes it possible to identify threats and opportunities; assess and prioritize those threats and opportunities; and determine and prioritize strategies to address future issues affecting the Federal-aid Highway Programs. The risk assessment framework used in the FHWA/MoDOT Strategic Advance identified the top risks from each of the program areas. The LPA Program encompasses many program areas; therefore, MoDOT’s LPA staff will have primary responsibility for implementing the identified strategies to help mitigate the applicable risks listed in the agreements of each program area. FHWA/MoDOT Agreements are available in the Missouri Division Federal Highway Administration Website, xxxxx://xxx.xxxx.xxx.xxx/modiv/programs/oversite/partner/ FHWA LPA Coordinator and MoDOT Central Office LPA staff agree to coordinate a yearly meeting to assess the state of the LPA program and identify any potential risk areas and potential mitigation strategies to reduce the risk.
Sample 1
Risk Assessment Process. 6.1 The HSE Approved Code of Practice to the MHSW Regulations highlights the need to identify significant hazards associated with workplaces, procedures, substances, equipment and tasks.
Sample 1
Risk Assessment Process. According to the regulation 17, the risk profile assessment process is compulsory. The Risk Assessment process is based on the questionnaire process. This questionnaire is approved by the securities and exchange board of India. In this process the certain set of question are put on before the client. The all options of the question are correct and client is fee to choose best appropriate and suitable option. Each optionhas some weightage, total sum of weightage is decided risk profile and nature of the client. This assessment is applicable throughout the service tenure and all types of services. The information is provided by the client at the time of risk profiling should true and correct. This is the sole liability of the client to provide the true and correct information when the information desired by the smart money at all points of the service period. If there is any change in the information, it will be the sole responsibility of the client to inform it, and for this, the time period has been fixed for 7 days. The execution of services will accord asset allocation which is provided and explained by the Investment Adviser.
Sample 1

Related to Risk Assessment Process

  • Risk Assessment An assessment of any risks inherent in the work requirements and actions to mitigate these risks.

  • Conformity Assessment Procedures 1. Each Party shall give positive consideration to accepting the results of conformity assessment procedures of other Parties, even where those procedures differ from its own, provided it is satisfied that those procedures offer an assurance of conformity with applicable technical regulations or standards equivalent to its own procedures.

  • Periodic Risk Assessment Provider further acknowledges and agrees to conduct periodic risk assessments and remediate any identified security and privacy vulnerabilities in a timely manner.

  • Risk Assessments a. Risk Assessment - Transfer Agent shall, at least annually, perform risk assessments that are designed to identify material threats (both internal and external) against Fund Data, the likelihood of those threats occurring and the impact of those threats upon the Transfer Agent organization to evaluate and analyze the appropriate level of information security safeguards (“Risk Assessments”).

  • Impact Assessment If Service Provider desires to make any change, upgrade, replacement or addition that may have an adverse impact or require changes as described in Section 9.6(c) or increase the risk of Service Provider not being able to provide the Services in accordance with this Agreement or violate or be inconsistent with DIR Standards or Strategic Plans, then Service Provider shall prepare a written risk assessment and mitigation plan (1) describing in detail the nature and extent of such adverse impact or risk, (2) describing any benefits, savings or risks to DIR or the DIR Customers associated with such change, and (3) proposing strategies to mitigate any adverse risks or impacts associated with such change and, after consultation and agreement with DIR, implement the plan.

  • Diagnostic Assessment 6.3.1 Boards shall provide a list of pre-approved assessment tools consistent with their Board improvement plan for student achievement and which is compliant with Ministry of Education PPM (PPM 155: Diagnostic Assessment in Support of Student Learning, date of issue January 7, 2013).

  • ASSESSMENT REPORT Within 120 days following the general election held on November 2nd 2003, the returning officer of the munici- pality shall forward, in accordance with section 659.3 of the Act respecting elections and referendums in munici- palities (R.S.Q., c. E-2.2), an assessment report to the Chief Electoral Officer and the Minister setting out relevant ways to improve the trial and addressing, in particular, the following points : — the preparations for the election (choice of the new method of voting, communications plan, etc.) ; — the conduct of the advance poll and the poll ; — the cost of using the electronic voting system : – the cost of adapting election procedures ; – non-recurrent costs likely to be amortized ; – a comparison between the actual polling costs and the estimated polling costs using the new methods of voting and the projected cost of holding the general election on November 2nd 2003 using traditional methods ; — the number and duration of incidents during which voting was stopped, if any ; — the advantages and disadvantages of using the new method of voting ; — the results obtained during the addition of the votes and the correspondence between the number of ballot paper cards issued to the deputy returning officers and the number of ballot paper cards returned used and unused ; — the examination of rejected ballot papers, if it has been completed.

  • Conformity Assessment 1. The Parties recognize that a broad range of mechanisms exists to facilitate the acceptance of conformity assessment procedures and results thereby, including:

  • Loss Assessment We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or as- sociation of property owners, when the assess- ment is made as a result of:

  • Project Reports; Completion Report 1. The Recipient shall monitor and evaluate the progress of the Project and prepare Project Reports in accordance with the provisions of Section 2.06 of the Standard Conditions and on the basis of indicators agreed with the World Bank. Each Project Report shall cover the period of one (1) calendar semester, and shall be furnished to the World Bank not later than one (1) month after the end of the period covered by such report.

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