Common use of Risk-based Assessment Clause in Contracts

Risk-based Assessment. The PI team will meet to evaluate, and assess the last performance year’s focused reviews and determine if there are any outstanding risk that were identified from the focused reviews or other program or project observations. Using a risk-based approach the PI team will identify all the preconstruction and construction focused risk reviews for the next performance year.

Appears in 2 contracts

Sources: Partnering Agreement, Partnering Agreement