Management Lifecycle Sample Clauses

Management Lifecycle. The lifecycle of SLA management can be divided into six phases [3]. This cycle restarts every time a new service is contracted or renewed by the customer.
Management Lifecycle. We now elaborate the management lifecycle from the viewpoint of managing as well as controlling programmable and highly observable resources. We define management and control as follows:  Management determines infrastructure configuration, resource allocations and variability constraints.  Control determines how the system responds to requests considering the constraints of management policy and information about current system state (e.g. topology, reachability, etc.). Management and control can be defined through policies where a policy is a machine-readable document used by the Platform to implement management or control decisions. It should be noted that “experiment” is a term that describes the context of use and that the lifecycle is equally applicable in all DevOps and business intelligence processes. The fact that we are conducting an experiment does not change the capabilities needed to manage and control the system. Figure 16 provides an outline of the lifecycle showing the relationship between management motivation (business intelligence, verification and validation, and experimentation down to control within the infrastructure. At the topmost level, the motivation is established setting out an objective with desired outcomes. For an experiment, this could be to test a hypothesis or for business intelligence, this could be to investigate performance of a media service within a specific geographic region. In each case, the decision maker explores service management knowledge to understand how to establish better management and control policies in relation to performance criteria. Each level has different temporal characteristics. An experiment as a construct that lives over a prolonged period of time (hours or days), reserving the necessary resources for the realization of the experiment through suitable interfaces from the (FLAME) experimentation platform, see Section 6.1. Although we consider the agreement on resource allocation as a technical operation at this level, the overall process is positioned to a large extent at the business level of the system since we see this interaction as being largely intertwined with the governance model of the platform and infrastructure provider.

Related to Management Lifecycle

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  • Investment Management If and to the extent requested by the Advisor, the Sub-Advisor shall, subject to the supervision of the Advisor, manage all or a portion of the investments of the Portfolio in accordance with the investment objective, policies and limitations provided in the Portfolio's Prospectus or other governing instruments, as amended from time to time, the Investment Company Act of 1940 (the "1940 Act") and rules thereunder, as amended from time to time, and such other limitations as the Trust or Advisor may impose with respect to the Portfolio by notice to the Sub-Advisor. With respect to the portion of the investments of the Portfolio under its management, the Sub-Advisor is authorized to make investment decisions on behalf of the Portfolio with regard to any stock, bond, other security or investment instrument, and to place orders for the purchase and sale of such securities through such broker-dealers as the Sub-Advisor may select. The Sub-Advisor may also be authorized, but only to the extent such duties are delegated in writing by the Advisor, to provide additional investment management services to the Portfolio, including but not limited to services such as managing foreign currency investments, purchasing and selling or writing futures and options contracts, borrowing money or lending securities on behalf of the Portfolio. All investment management and any other activities of the Sub-Advisor shall at all times be subject to the control and direction of the Advisor and the Trust's Board of Trustees.

  • Investment Management Fee For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the monthly management fee rate (including performance adjustments, if any) that the Portfolio is obligated to pay the Advisor under its Management Contract with the Advisor, multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month. If in any fiscal year the aggregate expenses of the Portfolio exceed any applicable expense limitation imposed by any state or federal securities laws or regulations, and the Advisor waives all or a portion of its management fee or reimburses the Portfolio for expenses to the extent required to satisfy such limitation, the Investment Management Fee paid to the Sub-Advisor will be reduced by 50% of the amount of such waivers or reimbursements multiplied by the fraction determined in (ii). If the Sub-Advisor reduces its fees to reflect such waivers or reimbursements and the Advisor subsequently recovers all or any portion of such waivers and reimbursements, then the Sub-Advisor shall be entitled to receive from the Advisor a proportionate share of the amount recovered. To the extent that waivers and reimbursements by the Advisor required by such limitations are in excess of the Advisor's management fee, the Investment Management Fee paid to the Sub-Advisor will be reduced to zero for that month, but in no event shall the Sub-Advisor be required to reimburse the Advisor for all or a portion of such excess reimbursements.

  • Patch Management All workstations, laptops and other systems that process and/or store County PHI or PI must have critical security patches applied, with system reboot if necessary. There must be a documented patch management process which determines installation timeframe based on risk assessment and vendor recommendations. At a maximum, all applicable patches must be installed within 30 days of vendor release.

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