Risk and Opportunity Management Plan definition

Risk and Opportunity Management Plan or “ROMP” means the risk and opportunity management plan provided by IST under the MOD Contract;
Sample 1

Examples of Risk and Opportunity Management Plan in a sentence

  • The Consultant shall perform a quantification analysis of the possible cost and schedule impacts resulting from the identified risks as part of the Risk and Opportunity Management Plan.

  • Where these guidelines are exceeded then sunlighting and/or daylighting may be adversely affected.

  • The Risk and Opportunity Management Plan should provide a framework by which risks will be identified during the Design and Construction Phase and assessed as well as setting out the risk response and control strategies to be followed.

  • Chemical nametypeExposure Limit ValuesSourceChlorodifluoromethaneTWA1,000 ppm 3,590mg/ m3UK.

  • Other assessment tools are being completed on a paper basis due to the limitations of the Accenture I.T. solution.

  • There are four risk/opportunity handling techniques, or options as part of the standard process and in the OOI Risk and Opportunity Management Plan.

  • Issues/Uncertainties and Mitigating Actions (7 pages) a TFC-PLN-39, 2011, Risk and Opportunity Management Plan, Rev.

  • The details of the risks, their proposed mitigation are to be recorded in accordance with the Risk and Opportunity Management Plan associated with the Through Life Management Plan (TLMP).

  • The Consultant shall provide a Risk and Opportunity Management Plan as part of the PIP for the Authority’s non-objection, incorporating a systematic risk management process and strategy to be applied for the Project.

  • This process is described in the OOI Risk and Opportunity Management Plan, which is incorporated into this PEP by reference.

Related to Risk and Opportunity Management Plan

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.

  • Financial Crime Risk Management Activity means any action to meet Compliance Obligations relating to or in connection with the detection, investigation and prevention of Financial Crime that the Bank or members of the HSBC Group may take.

  • risk management plan ’ means a risk management plan submitted to the Ad- ministrator by an owner or operator of a stationary source under subparagraph (B)(iii).

  • Project Management Plan means the management plan that (i) sets out a high level workplan to describe the manner in which the Design-Builder will manage the Project, including to address related matters such as traffic management and communications, and (ii) is prepared by or for the Design-Builder and submitted to the Owner;

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • Home and community-based services or "HCBS" means Home and Community-Based Services as defined in OAR chapter 411, division 004.

  • Quality Management System means a set of interrelated or interacting elements that organisations use to direct and control how quality policies are implemented and quality objectives are achieved;

  • Quality Assurance Program means the overall quality program and associated activities including the Department’s Quality Assurance, Design-Builder Quality Control, the Contract’s quality requirements for design and construction to assure compliance with Department Specifications and procedures.

  • Palliative and supportive care means care and support aimed mainly at lessening or controlling pain or symptoms; it makes no attempt to cure the Covered Person's terminal Illness or terminal Injury.

  • Management Information or “MI” means the management information specified in Framework Schedule 8 (Management Information);

  • High Risk Activities means uses such as the operation of nuclear facilities, air traffic control, or life support systems, where the use or failure of the Services could lead to death, personal injury, or environmental damage.

  • Health and Human Services Commission or “HHSC” means the administrative agency established under Chapter 531, Texas Government Code, or its designee.