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Event management

  Risk management
What is a risk
• Risk is the potential that a chosen action or
  activity (including the choice of inaction) will
  lead to a loss (an undesirable outcome)
Types of risks
•   Physical risk
•   Reputation risk
•   Emotional risk
•   Financial risk
•   Facilities
• Physical risks involve harm or injuries to the
  physical body. Examples for student
  organization events might include injuries
  from physical activity, inclement weather,
  equipment or materials, food-related illnesses,
  alcohol consumption, dangerous travel
  conditions, medical emergencies, etc.
• Reputation risks apply to the reputation of the
  individual officers and members present, the
  reputation of the student organization, and
  the reputation of the university as a whole.
  Examples of reputation risks might include
  poor conduct or behavior at an event, a
  negative representation of the group, or
  hazing of members.
• Emotional risks pertain to the thoughts and
  feelings of the organization’s
  members, participants or attendees, and any
  other constituents of the event or activity.
  Examples might include hazing of
  members, lack of accessibility to the
  event, discrimination against
  constituents, controversy or disruption of the
  campus, averse reactions of
  participants, sensitive subject matter, and the
  strain of planning the event.
• Financial risks involve both the budget for the
  specific event and the overall financial health
  of the student organization. Examples might
  include a lack of cost reduction where
  possible, poor budgeting, failing to meet
  fundraising goals, etc.
• Facilities risks include both the safety of the
  facilities used for your members/participants
  and the maintenance of the facilities used by
  your members/participants. Examples might
  include a lack of proper set-up or clean-up for
  the event, safety and security issues at your
  location, a lack of familiarity with the facilities
  and location, or the disruption of university
  facilities.

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4. event management risk management

  • 1. Event management Risk management
  • 2. What is a risk • Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable outcome)
  • 3. Types of risks • Physical risk • Reputation risk • Emotional risk • Financial risk • Facilities
  • 4. • Physical risks involve harm or injuries to the physical body. Examples for student organization events might include injuries from physical activity, inclement weather, equipment or materials, food-related illnesses, alcohol consumption, dangerous travel conditions, medical emergencies, etc.
  • 5. • Reputation risks apply to the reputation of the individual officers and members present, the reputation of the student organization, and the reputation of the university as a whole. Examples of reputation risks might include poor conduct or behavior at an event, a negative representation of the group, or hazing of members.
  • 6. • Emotional risks pertain to the thoughts and feelings of the organization’s members, participants or attendees, and any other constituents of the event or activity. Examples might include hazing of members, lack of accessibility to the event, discrimination against constituents, controversy or disruption of the campus, averse reactions of participants, sensitive subject matter, and the strain of planning the event.
  • 7. • Financial risks involve both the budget for the specific event and the overall financial health of the student organization. Examples might include a lack of cost reduction where possible, poor budgeting, failing to meet fundraising goals, etc.
  • 8. • Facilities risks include both the safety of the facilities used for your members/participants and the maintenance of the facilities used by your members/participants. Examples might include a lack of proper set-up or clean-up for the event, safety and security issues at your location, a lack of familiarity with the facilities and location, or the disruption of university facilities.