Program Risk Management Sample Clauses

Program Risk Management. The goal of this subtask component is to manage and mitigate risks that affect program performance and successful outcome. The fundamental risk is that the high level of funding awarded for this program will not be expended and will have to be returned to the federal government for failure to recruit the participants required to enable the large number of retrofit installations that are the objective of the program. To mitigate this fundamental risk, a monthly deployment schedule of all activities that contribute to successful completion of retrofit installations shall be developed, and the Contractor shall actively monitor progress against this deployment schedule, identify problems with progress and corrective actions that can be taken to address those problems and keep the Contract Manager actively informed, so that Critical Program Review meetings can be called as necessary. • Continuously monitor program activities to identify and mitigate detected risks, such as guaranteeing timely completion of retrofit installations throughout the contract period and ensuring that a sufficient number of participants are being successfully recruited to complete all retrofit installations. • Monthly risk management reporting to identify perceived risks and actions taken (or to be taken) to mitigate these risks, to be included in progress reports
Sample 1
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Program Risk Management. The Contractor shall develop, implement, and deliver, as part of the SEMP (ELIN B007) a Risk Management Plan (RMP) following the concepts in the Risk Management Guide for DoD Acquisition. The Contractor’s RMP shall include all program and system level plans to identify and mitigate program risks in the areas of cost, schedule, and performance. C.3.2.8.1 The Contractor’s RMP shall address • Risk Management Strategy and Process • Responsible/Executing Organization • Risk Management Process and Procedures • Risk Identification • Risk Analysis • Risk Mitigation Planning • Risk Mitigation Plan Implementation • Risk Tracking and Reporting C.3.2.8.2 Risk management shall be an integral part of all PRs, DRs, XXXx, and bi-weekly telecons. The Contractor shall systematically identify, analyze, and report risk mitigation activities for all risk areas. C.3.2.8.3 Uncertainty evaluations shall consider overall program objectives, IMS and operational requirements baseline. The Contractor shall develop mitigation plans to identify the recommended critical path for contract completion and the appropriate risk handling approach to lower the level of uncertainty identified. The Contractor shall recommend decision points in terms of performance, cost, and schedule objectives to facilitate management and technical control. The Contractor shall maintain a database of all risks and their status. Risk reporting shall present standard probability and consequence-screening criteria. C.3.2.8.4 The Contractor shall establish mechanisms to effectively monitor the introduction of supply chain risk associated with critical components, and implement countermeasures to mitigate such risks, including the application of supply chain risk management best practices, applied as appropriate to the development of the system, and the enumeration of potential suppliers of critical components, as they are identified, including cost, schedule, and performance information and proposed selection decisions for the purposes of obtaining approval from the Government and engaging in the development of mutually agreeable risk management plans for the selected suppliers of critical components. Supply chain risk management key practices may be found in the National Institute of Standards and Technology (NIST) Interagency Report 7622, Notional Supply Chain Risk Management for Federal Information Systems, and the National Defense Industrial Association (2008) guidebook, Engineering for System Assurance. C.3.2....
Sample 1

Related to Program Risk Management

  • 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.

  • Administration and Risk Management Employees of Federated Advisory Services Company provide support to portfolio managers and other employees of affiliated advisers. Such services may include development of risk management programs, production of portfolio and compliance reports for clients and/or fund Boards, coordination of client portfolios and related fixed income trade execution implementation and administration, completion of required broker and custody documentation, development and documentation of operational procedures, coordination of proxy voting activities, on-site support of hardware and software, etc.”

  • Program Management 1.1.01 Implement and operate an Immunization Program as a Responsible Entity 1.1.02 Identify at least one individual to act as the program contact in the following areas: 1. Immunization Program Manager;

  • Liquidity Risk Measurement Services Not Applicable.

  • Patch Management All workstations, laptops and other systems that process and/or 20 store PHI COUNTY discloses to CONTRACTOR or CONTRACTOR creates, receives, maintains, or 21 transmits on behalf of COUNTY must have critical security patches applied, with system reboot if 22 necessary. There must be a documented patch management process which determines installation 23 timeframe based on risk assessment and vendor recommendations. At a maximum, all applicable 24 patches must be installed within thirty (30) calendar or business days of vendor release. Applications 25 and systems that cannot be patched due to operational reasons must have compensatory controls 26 implemented to minimize risk, where possible.

  • PROCUREMENT LOBBYING To the extent this agreement is a "procurement contract" as defined by State Finance Law Sections 139-j and 139-k, by signing this agreement the contractor certifies and affirms that all disclosures made in accordance with State Finance Law Sections 139-j and 139-k are complete, true and accurate. In the event such certification is found to be intentionally false or intentionally incomplete, the State may terminate the agreement by providing written notification to the Contractor in accordance with the terms of the agreement.

  • Quality Management Grantee will: 1. comply with quality management requirements as directed by the System Agency. 2. develop and implement a Quality Management Plan (QMP) that conforms with 25 TAC § 448.504 and make the QMP available to System Agency upon request. The QMP must be developed no later than the end of the first quarter of the Contract term. 3. update and revise the QMP each biennium or sooner, if necessary. Xxxxxxx’s governing body will review and approve the initial QMP, within the first quarter of the Contract term, and each updated and revised QMP thereafter. The QMP must describe Xxxxxxx’s methods to measure, assess, and improve - i. Implementation of evidence-based practices, programs and research-based approaches to service delivery; ii. Client/participant satisfaction with the services provided by Xxxxxxx; iii. Service capacity and access to services; iv. Client/participant continuum of care; and v. Accuracy of data reported to the state. 4. participate in continuous quality improvement (CQI) activities as defined and scheduled by the state including, but not limited to data verification, performing self-reviews; submitting self-review results and supporting documentation for the state’s desk reviews; and participating in the state’s onsite or desk reviews. 5. submit plan of improvement or corrective action plan and supporting documentation as requested by System Agency. 6. participate in and actively pursue CQI activities that support performance and outcomes improvement. 7. respond to consultation recommendations by System Agency, which may include, but are not limited to the following: i. Staff training; ii. Self-monitoring activities guided by System Agency, including use of quality management tools to self-identify compliance issues; and iii. Monitoring of performance reports in the System Agency electronic clinical management system.

  • Program Monitoring The Contractor will make all records and documents required under this Agreement as outlined here, in OEC Policies and NHECC Policies available to the SRO or its designee, the SR Fiscal Officer or their designee and the OEC. Scheduled monitoring visits will take place twice a year. The SRO and OEC reserve the right to make unannounced visits.

  • Procurement All goods, works and services required for the Project and to be financed out of the proceeds of the Financing shall be procured in accordance with the provisions of Section III of Schedule 2 to the Financing Agreement.

  • Quality Management System Supplier hereby undertakes, warrants and confirms, and will ensue same for its subcontractors, to remain certified in accordance with ISO 9001 standard or equivalent. At any time during the term of this Agreement, the Supplier shall, if so instructed by ISR, provide evidence of such certifications. In any event, Supplier must notify ISR, in writing, in the event said certification is suspended and/or canceled and/or not continued.

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