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7.1.B. - Page 8 <br /> 5. Risk Management <br /> It is anticipated that City's customary risk management procedures, supplemented by <br /> appropriate Caltrans and TA procedures, will be applied in the Project. Consultant shall <br /> meet with the Project team, and others as needed, to review and categorize the PA&ED <br /> consultant's identified risks (sample categories include technical, external, <br /> organizational, and project management) and possible high-level risk management <br /> activities. The outcomes of these meetings shall be documented by Consultant and <br /> shared with the Project team. <br /> Consultant shall be responsible for monitoring Project risks and communicating <br /> regularly with City, including convening risk management meetings. These meetings are <br /> envisioned as workshops discussing and defining techniques for qualitative and <br /> quantitative risk analysis as well as controlling or mitigating risks and identifying <br /> necessary Project changes. <br /> Time Schedule <br /> The Scope of Work will start on the PA&ED consultant's Notice to Proceed date, <br /> assumed to be September 5, 2013. Task 1 Project Management Planning will be <br /> completed within three months after start. Tasks 2 through 5 will be ongoing from start <br /> to scheduled completion of this Scope of Work, which is October 1, 2015. <br /> REV: 10-01-13 VR <br /> Page 6 of 7 <br />