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1 Copyright William J. O’Toole epms.net Risk Event Management Risk Management - possible problems Using the ISO 31000:2009 for events and the Event Management International Competency Standard (EMICS)

Risk Management for events: an introduction

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An introduction to the application of risk management to events and festivals. there is an accompanying voice frile on soundcloud - the URL is on slide 2

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Page 1: Risk Management for events:  an introduction

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

Risk

Event Management

Risk Management - possible problemsUsing the ISO 31000:2009 for events and

the Event Management International Competency Standard (EMICS)

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

Commentary

The commentary to accompany this slide is found at:

https://soundcloud.com/epms/risk-commentary-64

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

Caveat

This is not legal advice This is the process - not the result Every event is different therefore the risks must be

analysed – not assumed This process is recognised around the world and used

by almost every major company you deal with e.g. IKEA, VW

It is recognised in many courts of law around the world.

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

Changing definition of risk

“Measurable uncertainty”–Knight, Frank H. (1971), “Risk, Uncertainty and Profit” (University of C Press), Orig. pub. 1921

“Combination of the probability of occurrence of harm and the severity of that harm”– Source: ISO/IEC Guide 51:1999

“Combination of the probability of an event and its consequence”–ISO/IEC Guide 73:2002“Chance of something happening that will have an impact on objectives”–AS/NZS 4360:2004 “Effect of uncertainty on objectives” ISO 31000:2009 (Draft)

A working definition : Possible Problems

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

Control and Management

Persons who control or manage matters that give rise or may give rise to risks to health and safety are responsible for eliminating or reducing those risks so far as is reasonably practicable.

(Source: Section 4 (2) The principles of health and safety protection, Occupational Health and Safety Act 2004)

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

Risk Management

Risk Management is the term applied to a logical and systematic method of establishing the context, identifying, analyzing, evaluating, treating, monitoring and communicating risks associated with any activity, function or process in a way that will enable organizations to minimize losses and maximize opportunities. Risk Management is as much about identifying opportunities as avoiding or mitigating losses.

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

Example of Risk management requirements for events

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

Clientcompany, council

SponsorsOther

interested parties

INSURANCE

Event Manager

Old Model – pressure/response

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

Event Manager

Contractors: AV, Stalls Caterers…

Staff, volunteers

Venue

Old Model - transfer liability

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

Event Manager

Clientcompany, councilSponsors

Other interested

parties

Contractors: AV, Stalls Caterers…

Staff, volunteers

Venue

New Model - consultation/risk management plans

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

Event Manager

Clientcompany, councilSponsors

Other interested

parties

Contractors: AV, Stalls Caterers…

Staff, volunteers

Venue

Participants: attendees, staff, volunteers, competitors, exhibitors, spectators…

DUTY

DUTY OF CARE

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

Consultation

Clientcompany, councilSponsors

Other interested

parties

Contractors: AV, Stalls/exh

Caterers…

Staff, volunteers

Venue

OHS Act and regulations

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

Consultation – what does it mean?

“Consultation involves providing employees with relevant information and giving them the opportunity to express their views . These views are to be valued and taken into account by the employer”

Summary of the OHS Regulation 2001.

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Copyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

Event Manager

StakeholdersRTA, council..

OHS

Coroners Court

Laws

Insurance Co

Risk Management

Plan

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© W. J. O’TooleCopyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

Reputation risk

Can be a secondary risk Intangible Perception by your stakeholders - would you visit

Yemen or Zanzibar? Moral hazard – would you do business with a politician

who is on corruption charges. Complex - uncertain effect on cost Loss of goodwill – one of the ROI – cost?

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© W. J. O’TooleCopyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

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© W. J. O’TooleCopyright William J. O’Toole epms.netCopyright William J. O’Toole epms.net

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More information

Books: Events Feasibility and Development, Corporate Event Project Management, Festival and Special Event Management - find them - William O’Toole author

Websites such as crowdsafe.com

The best is to attend a workshop on risk and project management.

Send me an email to find out the nest workshops