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Event Risk Management

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Event Risk Management is the primary factor to be considered in organizing an event, including indoor and outdoor event. Risk Management is important in order to avoid waste and losses. This slide share gives you more understanding on what we called as Risk Management, what are the risks involved in event organizing and how we want to avoid or reduce the risks.

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Event Risk Management

  1. 1. EVENT RISK MANAGEMENT By: Ms Lina Munirah Kamarudin
  2. 2. EVENT RISK MANAGEMENT Definition of Risk Management Risks Associated With Event Managing Risk
  3. 3. RISK MANAGEMENT DEFINITION Risk management is the process of identifying risks, assessing risks, and managing risks – for examples: safety and security, cash-flow crisis, staff problem, poor publicity, bad weather etc. Risk management is as much about identifying opportunities as avoiding or mitigating losses
  4. 4. Types of Event Management Risks Financial Technology Safety and Security Mis- management Natural Disaster
  5. 5. MANAGING RISK & HAZARD Eliminating Plan: eliminate the risk altogether (e.g. erecting covered walkways to protect spectators from rain) Substitution Plan: Replace something with better one (such as looking for a better-designed grandstand) Isolation Plan: Transfer to another place (e.g. isolating dangerous or noisy equipment)
  6. 6. MANAGING RISK & HAZARD Engineering Controls: Control crowds and electrical equipment (e.g. cover electrical equipment during raining) Administrative Controls: Preparing a good committee and surrounding (e.g. erecting warning signs and training staff well in procedures) Contingency Plan: Developing evacuation plans for situations in which risk cannot be completely avoided
  7. 7. THANK YOU

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