Risks and Mitigation Sample Clauses

Risks and Mitigation. It is impossible to cover all potential scenarios in this agreement. The guidance is therefore to:
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Risks and Mitigation. We focus on the two main risks; the consortium and the technology. The consortium has pledged to keep working together after the SO-PC-Pro project ends. However the collaboration may not continue as partners are distracted by other opportunities or they may face hard times. Keeping the consortium together will be a difficult task unless something is attracting them to continue. To mitigate this risk, we will implement two strategies. First we will create an agreement which clearly shows what each partner will get from the successful outcome (e.g. money, shares, access) and what they will be required to do (specific tasks). Secondly we will aim to obtain collaboration funding as soon as possible to cover all collaborative efforts. Finally we rely strongly on the kudos received by each partner as publications of our on-going collaboration is presented in the media and academic conferences to promote partner continued involvement. The technology challenges are not small however they are all achievable provided sufficient manpower is available and the objective is aligned with each partners long term goals. Therefore to mitigate this risk, we will first align all partner goals with the technologies so that our work forms a natural part of each partners medium to long term evolution. Second we will aim to attract funding to support the technical development costs.
Sample 1

Related to Risks and Mitigation

  • Mitigation Procedures The MCP agrees to coordinate with ODM to determine specific actions that will be required of the Business Associates for mitigation, to the extent practical, of the breach. These actions will include notification to the appropriate individuals, entities, or other authorities. Notification or communication to any media outlet shall be approved, in writing, by ODM prior to any such communication being released. The MCP shall report all of its mitigation activity to ODM and shall preserve all relevant records and evidence.

  • Software Requirements 7 Developer shall prepare the Project Schedule using Oracle’s Primavera P6.

  • Rights Protection Mechanisms and Abuse Mitigation ­‐ Registry Operator commits to implementing and performing the following protections for the TLD:

  • VEHICLE REQUIREMENTS The following shall be considered minimum Vehicle requirements. The Authorized User shall include supplemental required specifications for Vehicles specified in a Mini-Bid. Unless otherwise indicated, all items specified which are listed on the OEM Pricelist as standard or optional equipment shall be factory installed and operative. Vehicles delivered to an Authorized User in a condition considered to be below retail customer acceptance levels will not be accepted. Items which determine this acceptance level shall include, but not be limited to, the general appearance of the interior and exterior of the vehicle for completeness and quality of workmanship, lubrication and fluid levels, with any leaks corrected, mechanical operation of the vehicle and all electrical components operational. Product specified to be furnished and installed which is not available through the OEM shall conform to the standards known to that particular industry, both product and installation.

  • SPECIALIZED SERVICE REQUIREMENTS In the event that the Participating Entity requires service or specialized performance requirements not addressed in this Contract (such as e- commerce specifications, specialized delivery requirements, or other specifications and requirements), the Participating Entity and the Supplier may enter into a separate, standalone agreement, apart from this Contract. Sourcewell, including its agents and employees, will not be made a party to a claim for breach of such agreement.

  • Mitigation Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain.

  • Mitigation Measures Company shall take commercially reasonable measures (except measures causing it to incur out-of-pocket expenses which BNYM does not agree in advance to reimburse) to mitigate losses or potential losses to BNYM, including taking verification, validation and reconciliation measures that are commercially reasonable or standard practice in the Company’s business.

  • Schedule Requirements The Contractor shall submit an electronic and a paper copy of the initial Work Progress Schedule reflecting accurate and reliable representations of the planned progress of the Work, the Work to date if any, and of the Contractor’s actual plans for its completion. The Contractor shall organize and provide adequate detail so the Work Progress Schedule is capable of measuring and forecasting the effect of delaying events on completed and uncompleted activities.

  • Human and Financial Resources to Implement Safeguards Requirements 6. The Borrower shall make available necessary budgetary and human resources to fully implement the EMP and the RP.

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