Risk Assessment Process Sample Clauses

Risk Assessment Process. The Recipient will: (a) Upon the request of the Province, comply with the Province’s risk assessment business process (b) submit to the Province any information required by the Province on all areas of risk set out in the risk assessment in accordance with the timelines and content requirements specified by the Province; and (c) submit to the Province an action plan and any supplementary information required by the Province, in accordance with the timelines specified by the Province, that specifies how it will mitigate the risks identified during the risk assessment process according to specific timelines.
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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, 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 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. 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. 6.2 It emphasises the need for management involvement during the assessments, for all aspects of the work activity to be reviewed and not solely the "technical" aspects of the task itself, that those persons or groups particularly at risk are identified, and any existing control measures included in the assessment. A typical risk assessment process can be applied in four stages as follows:- 6.2.1 The overall job is divided into its relevant tasks using a Task Analysis (TA) approach taking into account those persons at risk, eg. employees, new or expectant mothers, service users, young persons (see Section 14). 6.2.2 The significant hazards are then identified for each task. 6.2.3 The level of risk for each hazard is evaluated using, typically, one of the methodologies described in Appendix 1, and taking into account any existing adequate control measures. 6.2.4 Further control measures are then recommended as appropriate to manage the risk. 6.3 The risk assessment process can be documented using a pro-forma of the type given as Appendix 2.
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. 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. 2. Each Party shall seek to enhance the acceptance of the results of conformity assessment procedures conducted in the territories of other Parties with a view to increasing efficiency, avoiding duplication and ensuring cost effectiveness of the conformity assessments. In this regard, each Party may choose, depending on the situation of the Party and the specific sectors involved, a broad range of approaches. These may include but are not limited to: (a) recognition by a Party of the results of conformity assessments performed in the territory of another Party; (b) recognition of co-operative arrangements between accreditation bodies in the territories of the Parties; (c) mutual recognition of conformity assessment procedures conducted by bodies located in the territory of each Party; (d) accreditation of conformity assessment bodies in the territory of another Party; (e) use of existing regional and international multilateral recognition agreements and arrangements; (f) designating conformity assessment bodies located in the territory of another Party to perform conformity assessment; and (g) suppliers’ declaration of conformity. 3. Each Party shall exchange information with other Parties on its experience in the development and application of the approaches in Paragraph 2(a) to (g) and other appropriate approaches with a view to facilitating the acceptance of the results of conformity assessment procedures. 4. A Party shall, upon request of another Party, explain its reasons for not accepting the results of any conformity assessment procedure performed in the territory of that other Party.

  • 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 - DST 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 Schedule 10.2 p.2 occurring and the impact of those threats upon DST organization to evaluate and analyze the appropriate level of information security safeguards (“Risk Assessments”). b. Risk Mitigation - DST shall use commercially reasonable efforts to manage, control and remediate threats identified in the Risk Assessments that it believes are likely to result in material unauthorized access, copying, use, processing, disclosure, alteration, transfer, loss or destruction of Fund Data, consistent with the Objective, and commensurate with the sensitivity of the Fund Data and the complexity and scope of the activities of DST pursuant to the Agreement. c. Security Controls Testing - DST shall, on approximately an annual basis, engage an independent external party to conduct a review (including information security) of DST’s systems that are related to the provision of services. DST shall have a process to review and evaluate high risk findings resulting from this testing.

  • 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). 6.3.2 Teachers shall use their professional judgment to determine which assessment and/or evaluation tool(s) from the Board list of preapproved assessment tools is applicable, for which student(s), as well as the frequency and timing of the tool. In order to inform their instruction, teachers must utilize diagnostic assessment during the school year.

  • 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:

  • Data Protection Impact Assessment If, pursuant to Data Protection Law, Customer (or its Controllers) are required to perform a data protection impact assessment or prior consultation with a regulator, at Customer’s request, SAP will provide such documents as are generally available for the Cloud Service (for example, this DPA, the Agreement, audit reports or certifications). Any additional assistance shall be mutually agreed between the Parties.

  • Payment Process Subject to the terms and conditions established by the Agreement, the pricing per deliverable established by the Grant Work Plan, and the billing procedures established by Department, Department agrees to pay Grantee for services rendered in accordance with Section 215.422, Florida Statutes (F.S.).

  • Joint Assessment If the Premises are not separately assessed, Lessee's liability shall be an equitable proportion of the Real Property Taxes for all of the land and improvements included within the tax parcel assessed, such proportion to be conclusively determined by Lessor from the respective valuations assigned in the assessor's work sheets or such other information as may be reasonably available.

  • The Performance Improvement Process (a) The Performance Improvement Process will focus on the risks of non- performance and problem-solving. It may include one or more of the following actions: (1) a requirement that the HSP develop and implement an improvement plan that is acceptable to the LHIN; (2) the conduct of a Review; (3) a revision and amendment of the HSP’s obligations; and (4) an in-year, or year end, adjustment to the Funding, among other possible means of responding to the Performance Factor or improving performance. (b) Any performance improvement process begun under a prior service accountability agreement that was not completed under the prior agreement will continue under this Agreement. Any performance improvement required by a LHIN under a prior service accountability agreement will be deemed to be a requirement of this Agreement until fulfilled or waived by the LHIN.

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