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Manpreet Kaur, Lovely Professional University Unit 6: Risk Management

Unit 6: Risk Management Notes

CONTENTS

Objectives
Introduction
6.1 Categories of Risk
6.2 Risks Associated with Events
6.3 Risk Insurance

6.3.1 Public Liability Insurance
6.3.2 Professional Indemnity Insurance
6.3.3 Players Insurance
6.3.4 Directors and Officers Liability Insurance

6.3.5 Event Insurance
6.3.6 Motor Vehicle Insurance
6.4 Methods for Identifying Risks
6.5 Risk Analysis and Prioritizing

6.5.1 Documenting Risks
6.5.2 The Risk Treatment Schedule
6.5.3 Conducting an Event Risk Audit
6.6 Risk Management

6.6.1 Event Crisis Management
6.6.2 Types of Crisis
6.7 Summary
6.8 Keywords

6.9 Review Questions
6.10 Further Readings

Objectives

After studying this unit, you should be able to:
Define the term risk
Discuss the need to know occurrence of risk in event
Identify the chances of happening risks in events
Explain the various forms of risks in event management
Describe the various types of crisis in risk management

LOVELY PROFESSIONAL UNIVERSITY 131