.Risk Management Assignment
Complete a Risk Management Assigment for a sport venue or event of your choosing. Please use the text and the 7 Step Risk Assessment Process as a guide. Make sure to be specific with each section and include all pertinent details. Include any additional informational documents in an appendix. Must include all research references. Use APA format (including section headers). Make sure to include any necessary sport-specific information (Chapters 9-23).
Step 1: Identify Sport or Event Security Command Group
- This group is responsible for providing information about the event facility and the surrounding area. May want to consider including the facility manager, facility security director, local law enforcement, local emergency management director, emergency medical services, fire and hazardous materials, public health, and public relations representatives.
Step 2: Describe Facility Venue or Event
- Involves a complete characterization of the facility and serves as the foundation of the risk assessment process. Data can be collected through security audits, site visits, interviews with staff members. Must include physical details, facility operations, security protection systems, and workforce description.
- A complete physical description of the facility – all construction details
- Identification of undesired events – facility specific events that are associated with the loss of mission or threats to public health and safety. Can range from catastrophes to minor nuisances. (i.e. theft of equipment or vandalism of property, crowd rushing, venue destruction, loss of public confidence)
- Identification of critical assets – these are the critical assets that must be protected – could be a person, place, or thing that can be assigned a monetary value (i.e athletes, spectators, the venue, surrounding facility buildings, electronic data). Must assess both facility assets and surround area assets.
Step 3: Assess Threats (Chapter 4)
- A threat is a product of intention and capability of an adversary, both manmade and natural, to undertake an action which would be detrimental to an asset. Threat information can be obtained from local, state, or federal sources.
- Can gather information on threats from national organizations (i.e. Homeland Security), by doing facility walk-throughs, brainstorming, simulations, and security surveys.
- Typical threats include terrorism, natural catastrophes, crowd control, vandalism, theft, fire, fraud, personal assault, traffic incidents, facility intrusion, and technological problems.
Step 4: Analyze Vulnerabilities (Chapter 4-5)
- Vulnerabilities expose the asset to a threat and eventual loss. Vulnerabilities at major sport venues are relative to emergency preparedness, perimeter control, physical protection systems, access control, credentialing, training, and communication.
Step 5: Evaluate Consequences (Chapter 5-6)
- Review all potential threats (undesired events) and estimate consequence values and potential effects on the facility and its key stakeholders. Develop a reference table of consequences. All types of incidents will have consequences. Analyze each threat for the consequence severity that would result if the undesired event occurred. Use the following information as a guide:
- Catastrophic: could result in death, permanent total disability, loss exceeding $1 million, or irreversible severe environmental damage that violates law or regulation.
- Critical: could result in permanent partial disability, injuries, or occupational illness that may result in hospitalization of a least three personnel, loss exceeding $200,000 but less than $1 million, or irreversible environmental damage causing a violation of law or regulation.
- Marginal: could result in injury or occupational illness resulting in one or more lost workdays, loss exceeding $10,000 but less than $200,000, or mitigatable environmental damage without violation of law or regulation, where restoration activities can be accomplished.
- Negligible: could result in injury or illness not resulting in a lost workday, loss exceeding $2,000 but less than $10,000, or minimal environmental damage not violating law or regulation.
| Measure of consequence | Low | Medium | High |
| Economic loss (property loss and revenue) | <$1M | $1-5M | >$5M |
| Deaths | 0 | 1-3 | >3 |
| Downtime | <1 year | 1-2 year | >2 years |
| Geographic impact | Local | Regional | National |
| Public confidence | <6 months | 6 months – 1 year | >1 year |
Consider the following example:
Terrorism: IED suicide bomber Inclement weather: Tornado
Step 6: Analyze Risks (Chapter 6)
After evaluating risk and examining potential loss, decide whether to accept, reduce, transfer, or avoid identified threats and risks. Threats should be evaluated based on probability (likelihood) and consequence (severity).
High consequence and high probability = Avoid
Low consequece and high probability = Reduce
High consequence and low probability = Transfer
Low consequence and low probability = Accept
Step 7: Identify Countermeasure Improvements
Determine the risk reduction strategies. Countermeasures are any actions involving physical, technical, and administrative measures taken to reduce the probability and severity of risks. Provide your final recommendations to upper management based on the previous six steps.
