Risk Management and Mitigation Sample Clauses

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Risk Management and Mitigation. Identification of risk and preparation of risk management plans for IT projects, initiatives, and ongoing operations. Contingency planning to ensure continuity of IT operations and service recovery during emergency events (e.g., risk assessments to determine contingency planning requirements for IT operating environments; develop/maintain contingency, Continuity of Operations (COOP), and disaster recovery plans for IT components, develop/implement emergency preparedness systems).
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Risk Management and Mitigation. The following key risks that may affect realisation of the strategic goals contained in this programme have been identified and the appropriate actions to mitigate these risks have been developed.
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Risk Management and Mitigation. ‌ The State Designated Entity (SDE), AeHN and its governing board recognize that the largest risk to the successful deployment of HIE in Alaska is associated with its financial sustainability. Therefore the highest emphasis has been placed on developing the sustainable revenue stream and identifying associated risks and mitigations. Risks may often be avoided by successful offensive posturing. In business and economics, that simply translates to excellent communication and marketing strategies. The AeHN is working on the following to minimize risk: • Publicize (and brand) its products and services, along with their associated benefits, to create foundations of knowledge and support in communities. • Use the media to share success stories and testimonials. • Develop monitoring criteria for key trigger points to ensure timely response to issues. • Seek endorsements from National organizations, State and local government, provider and consumer groups. Through endorsements, Alaska HIE will see the trust of the population. The more the SDE and AeHN is associated with positive concepts—value, leadership, forward- thinking, front runner, pioneer, secure, private, less costly—the less distracting or debilitating any risks will become. Despite such precautions, the following risks may potentially impact the State HIE’s ability to successfully achieve individual components of this operations plan. Mitigation options are offered to decrease or eliminate the risks. Potential Risk Stakeholder Group Mitigation Options Funding and revenue are insufficient or taper off; costs outstrip available economic resources Investors, Participants • Ask stakeholders to sign Letters of Intent demonstrating commitment to participate and/or to match funds • Pursue additional federal, state and private sources of grants and endowments • Investigate additional services such as backup and hosting for small provider offices to offset costs and bring in additional revenues Adoption rates for EHR technology is slower than expected Providers • Marketing for REC services to encourage adoption • Publicize success stories of EHR adoption • Offer alternative (or interim) services such as Direct Secure Messaging Healthcare practitioners or consumers lose faith in the Alaska HIE’s ability to make PHRs and HIE a reality; bad press from other states bleeds over to taint Alaska HIE Providers Consumers • Identify a champion (entertainer, politician, clinician) who will speak on the Alaska HIE’s behalf ...
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Related to Risk Management and Mitigation

  • Risk Management 7.1 Where Transnet determines appropriate, within 2 weeks from the date of contract signature, the Parties are to meet to prepare and maintain a contract Risk Register. The Risk Register shall include a description of the risks and a description of the actions which are to be taken to avoid or reduce these risks which both Parties shall jointly determne. 7.2 Contract progress meetings shall be held monthly, or unless otherwise agreed between the Parties in writing. The purposes of these progress meetings shall be to capture the number of late deliverables against agreed milestones, actual costs against payment plans, performance issues or concerns, contract requirements not achieved, the status of previous corrective actions and risk management. Minutes of meetings shall be maintained and signed off between the Parties throughout the contract period

  • Administration and Risk Management Employees of Federated Advisory Services Company provide support to portfolio managers and other employees of affiliated advisers. Such services may include development of risk management programs, production of portfolio and compliance reports for clients and/or fund Boards, coordination of client portfolios and related fixed income trade execution implementation and administration, completion of required broker and custody documentation, development and documentation of operational procedures, coordination of proxy voting activities, on-site support of hardware and software, etc.”

  • MANAGEMENT OF EVALUATION OUTCOMES 12.1 Where the Employer is, any time during the Employee’s employment, not satisfied with the Employee’s performance with respect to any matter dealt with in this Agreement, the Employer will give notice to the Employee to attend a meeting; 12.2 The Employee will have the opportunity at the meeting to satisfy the Employer of the measures being taken to ensure that his performance becomes satisfactory and any programme, including any dates, for implementing these measures; 12.3 Where there is a dispute or difference as to the performance of the Employee under this Agreement, the Parties will confer with a view to resolving the dispute or difference; and 12.4 In the case of unacceptable performance, the Employer shall – 12.4.1 Provide systematic remedial or developmental support to assist the Employee to improve his performance; and 12.4.2 After appropriate performance counselling and having provided the necessary guidance and/or support as well as reasonable time for improvement in performance, the Employer may consider steps to terminate the contract of employment of the Employee on grounds of unfitness or incapacity to carry out his or her duties.

  • 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.