Risks Mitigation Sample Clauses

Risks Mitigation. In general, the main strategy for reducing the risks related to project management is to reduce their probability of occurrence rather than their impact. This necessitates a proactive style of management, with strong emphasis on planning, control and corrective actions. In any case, considering also the impact, several of the above potential risks can be assessed concerning their probability and level of (negative) impact. Risks with a high probability and a severe impact are handled with particular caution during the project. The following measures are foreseen to mitigate those risks. • For the ones with medium to high probability and severe impact, countermeasures and contingency plans are discussed and they will be flagged throughout the execution of the project as “risk items”. This ensures that all levels of the project take special care of those items. • For the ones with low probability or low impact and for the ones that cannot be foreseen at this stage, the SB will ensure that such are identified in an early phase and that necessary countermeasures are taken.
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Risks Mitigation. The high degree of innovation contained in the MobileMAN project necessarily implies relevant risks. Below is a list of such potential risks (related to the high innovation of this proposal) as perceived by the partners together with the mitigation action already taken. In addition, in order to manage the technical risks that may occur during the project, we have explicitly devised tasks in WP4 to address them. • Project scope MobileMAN is unique and important in proposing the eventual development of a fully functioning prototype. There is risk due to the interdependency of so many new technical elements, ranging from media access to applications. ACTION _1: Steal code and ideas wherever possible (avoid not-invented-here attitude). ACTION _2: Develop prototype and proof-of-concept implementations as early as possible. Build test environments (e.g. in fixed networks), which allow us to make progress on higher layer elements, even before lower layer elements are complete. We also note that the downside risk is limited. Even if our efforts to create a fully functional MobileMAN are not completely successful, many piecewise contributions will still prove very useful. • Large number of users To have an effective test of the technical MobileMAN solutions, we need to evaluate it up to its technological limit, which is expected to be larger than hundred users. Disorder and testing problems are also expected to increase exponentially with the number of users and this could make impossible to perform any activity on the MobileMAN by adopting generic users.

Related to Risks Mitigation

  • Set Off; Mitigation The Company’s obligation to pay Employee the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim, or recoupment of amounts owed by Employee to the Company or its affiliates; provided, however, that to the extent any amount so subject to set-off, counterclaim, or recoupment is payable in installments hereunder, such set-off, counterclaim, or recoupment shall not modify the applicable payment date of any installment, and to the extent an obligation cannot be satisfied by reduction of a single installment payment, any portion not satisfied shall remain an outstanding obligation of Employee and shall be applied to the next installment only at such time the installment is otherwise payable pursuant to the specified payment schedule. Employee shall not be required to mitigate the amount of any payment provided pursuant to this Agreement by seeking other employment or otherwise, and except as provided in Section 8(d)(iv) hereof, the amount of any payment provided for pursuant to this Agreement shall not be reduced by any compensation earned as a result of Employee’s other employment or otherwise.

  • Set Off; No Mitigation The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreement.

  • 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.

  • 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.

  • No Mitigation Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise and no such payment shall be offset or reduced by the amount of any compensation or benefits provided to Executive in any subsequent employment.

  • Mitigation; Offset The Executive is under no obligation to seek other Employment or to otherwise mitigate the obligations of the Company under this Agreement, and the Company may not offset against amounts or benefits due Executive under this Agreement or otherwise on account of any claim (other than any preexisting debts then due in accordance with their terms) the Company or its affiliates may have against him or any remuneration or other benefit earned or received by Executive after such termination.

  • Aggravating and Mitigating Factors The penalties in this matter were determined in consideration of all relevant circumstances, including statutory factors as described in CARB’s Enforcement Policy. CARB considered whether the violator came into compliance quickly and cooperated with the investigation; the extent of harm to public health, safety and welfare; nature and persistence of the violation, including the magnitude of the excess emissions; compliance history; preventative efforts taken; innovative nature and the magnitude of the effort required to comply, and the accuracy, reproducibility, and repeatability of the available test methods; efforts to attain, or provide for, compliance prior to violation; action taken to mitigate the violation; financial burden to the violator; and voluntary disclosure. The penalties are set at levels sufficient to deter violations, to remove any economic benefit or unfair advantage from noncompliance, to obtain swift compliance, and the potential costs, risks, and uncertainty associated with litigation. Penalties in future cases might be smaller or larger depending on the unique circumstances of the case.

  • No Set-off or Mitigation Company’s obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which Company may have against Executive or others. In no event shall Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Executive under any of the provisions of this Agreement and, except as otherwise provided herein, such amounts shall not be reduced whether or not Executive obtains other employment.

  • 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.

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