Safety

2. 'Major incident' as boating event hit by
stormy weather
11 August 2014
 Ten people have been injured during an
international boating event on Strangford
Lough in County Down, Ireland.

3. Music festival cancelled after drug overdose
deaths.
 Petaling Jaya:
Future Music Festival Asia (FMFA)
Six people died of drug overdose.

4. Risk is the potential that a chosen
action or activity (including the
choice of inaction) will lead to a loss
(an undesirable outcome)

5.  Food poisoning occurs at the cake-eating
contest at a state fair, and the guests are
taken to the hospital.
 A tent collapses at a wedding and people are
severely injured.
 Poor drainage causes sanitation facilities to
overflow.
 A bomb is planted at the Olympic Games.

6. Physical risk
Reputation risk
Emotional risk
Financial risk
Facilities

7.  Physical risks involve harm or injuries to the
physical body.
 Examples: injuries from physical activity,
inclement weather, equipment or materials,
food-related illnesses, alcohol consumption,
dangerous travel conditions, medical
emergencies, etc.

8.  Reputation risks apply to the reputation of
the individual officers and members present,
the reputation of the student organization,
and the reputation of the university as a
whole.
 Examples of reputation risks might include
poor conduct or behavior at an event, a
negative representation of the group, or
hazing of members.

9.  Emotional risks pertain to the thoughts and
feelings of the organization’s members,
participants or attendees, and any other
constituents of the event or activity.
 Examples might include, lack of accessibility
to the event, discrimination against
constituents, controversy or disruption of the
campus, averse reactions of participants,
sensitive subject matter, and the strain of
planning the event.

10.  Financial risks involve both the budget for
the specific event and the overall financial
health of the student organization.
 Examples might include a lack of cost
reduction where possible, poor budgeting,
failing to meet fundraising goals, etc.

11.  Facilities risks include both the safety of the
facilities used for your members/participants
and the maintenance of the facilities used by
your members/participants.
 Examples might include a lack of proper set-
up or clean-up for the event, safety and
security issues at your location, a lack of
familiarity with the facilities and location, or
the disruption of university facilities.

12.  Risk Management
 A proactive attempt to recognize and manage
internal events and external threats that affect
the likelihood of a project’s success.
 What can go wrong (risk event).
 How to minimize the risk event’s impact
(consequences).
 What can be done before an event occurs
(anticipation).
 What to do when an event occurs (contingency plans)

13.  A proactive rather than reactive approach.
 Reduces surprises and negative consequences.
 Prepares the project manager to take advantage
of appropriate risks.
 Provides better control over the future.
 Improves chances of reaching project
performance objectives within budget and on
time.

15.  Step 1: Risk Identification
 Generate a list of possible risks through
brainstorming, problem identification and risk
profiling.
 Step 2: Risk assessment
 Scenario analysis: Probability & Impact of the
event
 Risk assessment matrix: Likelihood & Impact

16.  Step 3: Risk Response Development
 Mitigating Risk
 Reducing the likelihood an adverse event will occur.
 Reducing impact of adverse event.
 Transferring Risk
 Paying a premium to pass the risk to another party.
 Avoiding Risk
 Changing the project plan to eliminate the risk or
condition.
 Sharing Risk
 Allocating risk to different parties
 Retaining Risk
 Making a conscious decision to accept the risk.

17.  Step 4: Risk Response Control
 Risk control
 Execution of the risk response strategy
 Monitoring of triggering events
 Initiating contingency plans
 Watching for new risks
 Establishing a Change Management System
 Monitoring, tracking, and reporting risk
 Fostering an open organization environment
 Repeating risk identification/assessment exercises
 Assigning and documenting responsibility for managing
risk