Handout 9 Flashcards
means recognizing the possibility of injury, damage or loss, and having the means to prevent it or provide insurance. This must considere financial, legal, physical, and intangible risks (such as damage to reputation) for meetings, incentives, conventions, and expositions (MICE).
Risk management
This is the possibility that a crisis, emergency, or disaster may occur. It is not the crisis, emergency, or disaster itself, but only to the possibility of their occurrence.
Risk
This is an incident characterized by having a small chance of occurring, but when it does, it carries significant risk that threatens the existence of an entity.
Crisis
This is an instance that is unforeseen and has significant impact such as mortal injury, property damage, and will result in the suspension of the activities of an entity.
Emergency
This is an incident that has high impact, occurs abruptly, is unforeseen, and usually results in significant loss or damage.
Disaster
has to be assigned to develop a risk plan. RISK management Is not just the lob of security personnel or the venue or the insurance company. The event organizer has a legal and ethical obligation to take an active role in risk management.
Creating a risk management team
Once the risk team has been assembled, the first task is to brainstorm a comprehensive list of risks that could happen and will affect the event, the team, and its stakeholders.
Conducting risk assessment
Brainstorming all possible risks associated with the event can yield a daunting list of possibilities ranging from minor
Performing risk analysis
Once the event organizer has determined the team that will write the plan (and/or a separate team that will implement the plan on-site if something happens), they are finally ready to write the plan itself.
Developing a risk management plan
This section will need to change with each event held.
Intangibles such as the event goals and objectives, and a description of the event attendees should be included in this section as well as the date/s, duration, schedule of activities, and the like.
Summary and description of the meeting
This section should include the names, the role of each member, and their contact numbers. Sample roles might include monitoring the news on the pending risk (crisis, disaster or emergency), communicating with media, staff, venue representative, and emergency response services, and managing appropriate response: evacuation, shelter in place
Risk team and response team
These are categorized by cause (natural, human-caused, or
technological) or response (evacuation, shelter in place, first aid). These must be written in simple,
easy-to-follow steps.
Emergency response procedures
This section will also have to be changed and customized for each event facility
(e.g., function hall, outdoor space, classrooms, etc.). There may be multiple facilities used for a single event. This will include contact information for key facility representatives, floor plans, evacuation
routes, emergency exits, and location of emergency equipment.
Facility information
This includes staff of both the event organizers and the facility, emergency
services, attendees’, and their emergency contacts.
Communication list
This section includes, at a minimum, an incident report form, lists of nearby
emergency services (e.g., 24-hour medical and dental clinics), and other forms of information that may
be needed by the event organizer, the venue, or the vendors in case of a crisis.
Forms and appendices.