Risk Management for Events, 2nd Edition

1The role of risk management for events

Risk and opportunity are two sides of the same coin

This chapter will examine how to:

• Understand the nature of risk and the risk factors typical to events such as concerts, meetings, festivals, exhibitions, and other gatherings
• Recognize and relate the goals of risk management to the role and scope of events and its management
• Integrate the scope of risk management throughout the event management process

Introduction

Risk management is increasingly identified as a priority in today’s world. It is also coming to the forefront of the events sector, recognized in varying degrees as a key component of the responsibilities associated with the planning and producing of events. Some events celebrate the ...