EVENT RISK MANAGEMENT
By: Ms Lina Munirah Kamarudin
EVENT RISK
MANAGEMENT
Definition of
Risk
Management
Risks Associated
With Event
Managing Risk
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
Types of
Event
Management
Risks
Financial
Technology
Safety
and
Security
Mis-
management
Natural
Disaster
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)
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
THANK YOU

Event Risk Management