​Risk Management
The role of a Risk Manager is to communicate risk policies and processes for an organisation. They provide hands-on development of risk models involving market, credit and operational risk, assure controls are operating effectively, and provide research and analytical support. Risk Managers must have excellent quantitative and analytical skills, along with the ability to apply those skills across a variety of business processes.
RISK ISSUES CAN BE FACED IN THE EVENT
Issue
Specific issue
Effect
Possibility
Solution
Not enough of participant
Many participants did not notice the event.
→ Send a notification days before the event.
→ Push the marketing to the right target audience
Minor
Low
Electricity problems
Loss of electricity
→ Prepare electricity alternator
Low
Severe
Human resources
Lack of good cooperation between members in the organiser team
→ Make an internal agenda and have a keep-up meeting between internals.
→ Small rehearsal before the event.
Low
Moderate
Weather
The weather may unfortunately rain
→ If it rains, prepare umbrellas for security to pick attendees from the parking slot, check the weather forecast and remind the guests.
Low
Minor
Food and beverage quality
Guests could be allergic to food ingredients.
Food could be soiled during shipping and displaying.
→ Remind guests of the food ingredients.
→ Work carefully with the supplier and make sure they check food quality before displaying it on the table.
Low
Severe
Fire and emergency
Sudden health or injury problem from a participant
Fire from smoking/ cigarette ash.
→ Ambulance and fire extinguisher have to be ready.
→ well-trained all staff to handle and prevent the fire situation.
Low
Severe
Technical equipment problem
Equipment damage, malfunction may occur
→ Check the equipment carefully before the event.
→ Prepare backup devices to prevent.
Low
Minor
Offline attendees
forget ticket
Some participants may forget to bring their ticket
→ Distribute both regular and e-tickets, in case they forgot, they can show their e-ticket.
​Medium
Minor
Not enough food set
Some attendees might eat more than 1
→ Count the total estimated attendees, and buy 50 more food set from the total
Low
Minor
Transmission livestream link
Livestream link may not be accessed before the event.
​
Transmission while livestreaming may get problem
→ Check if the livestream link is well worked before the event starts.
→ The recording of the talk is still filmed and sent to every online participant.
Low
Severe