Page 142 - DMGT304_EVENT_MANAGEMENT

Unit 6: Risk Management

Some of the methods for identifying risks are as follows: Notes
Questionnaire: Distributed to staff and volunteers. The questionnaire may include some
sections which are standardized and apply to all organization, and some sections that are
specific to sport and recreation organisations.
Organisation’s Records: Information that may point to risks exposures may be found in
documents such as:
Minutes of committee meetings
Event management plans and report

Policy documents
Contracts for facilities
Sponsorship proposals
Resource agreements with government funding providers.

Flowcharting: The programs, events and services provided by the organisation can be
flowcharted to identify all processes involved. The benefit of a flowchart to the risk
identification process is that it identifies possible ways in which basic processes in sport
and recreation management can be interrupted. Any interruption to the provision of
events, programs and services is a potential for loss.

Professional Expertise: Sport and recreation organisations may consider using risk
management consultants with expertise to identify virtually any risk exposure. However
the services of such consultants may be available only at a significant cost.
On-Site Investigations: On-site investigations provide opportunities for face-to-face
discussions with organisation personnel. Such discussions may lead to a better
understanding of the extent of harm and detriment arising when events and activities do
not go as planned. On-site investigations may also shed light on the frequency with which
undesirable events occur.

Self Assessment

Fill in the blanks:
6. ................................ covers the organisation against liability to pay compensation for any
injury or financial loss sustained by a third party as a result of negligence on the part of the
organisation.

7. A ................................ party is someone who is not a member of the organisation, or an
employee of the organisation.
8. Organisations ................................ special events can insure against a wide range of risks
including cancellation of the event.
9. The impact of weather on the event, or if a certain contingency happens (such as a large
payout of prize money or the non-appearance of a very important ................................ or
competitor.
10. On-site investigations provide opportunities for ................................ discussions with
organization personnel.

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