Risky business - event management risk assessment

Post on 12-Jul-2015

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Transcript of Risky business - event management risk assessment

The Queen Elizabeth II Conference Centre Presents... ‘Risky Business’...

Guest speakerSteve Elliott,

Managing Director at Blackberry Productions

a broad look at the

potential risks and

possible approaches all

event professionals should

be looking at in their day

to day work

Internal RisksInternal Risks are those risks which arise from the events taking place within the business organisation. Such risks arise during the ordinary course of a business. These risks can be forecast and the probability of their occurrence can be determined.

External RisksExternal Risks are those risks which arise from the events taking place outside the business organisation. Generally something that is uncontrollable by an individual. Hence the resulting risks cannot be forecast and the probability of their occurrence cannot be determined with any accuracy.

Internal Risk factors:

HumanIllnessIncompetence or negligence

TechnologyFailure of equipmentSoftware incompatibility

PhysicalLoss or damageTheft

External Risk factors:

EconomicAffordabilityMore attractive option

NaturalFloodsSnow / sun

PoliticalGovernment policy changeLegislation changes

Thank you – go herd some cats....