risk assessment (10pgs)

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Running head: RISK ASSESSMENT 1

Risk Assessment

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Institution

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RISK ASSESSMENT 2

Introduction

Event management requires the use of various information technology systems to

organize events and tasks in order to avoid mishaps and poor time management. Often,

applications are designed in order to manage the smooth transition of events and efficient

conduction of activities within a firm, whereby the actor introduces an argument into the system

before the activation of the process. The use of risk assessment techniques is crucial to event

management systems in order to evaluate the probable outcomes of an event. In this paper, a risk

assessment table has been designed for the purpose of proper management of a music festival

event.

Event Table

This table documents the activities expected during the preparation phase and through the

entire event. The event table illustrates the set up cost, precursor activities leading to other

subsequent activities scheduled for the successful hosting of the event. Risk evaluation has been

conducted in terms of activity cost or expenses. The event is the matter in question, while the

trigger stands for the external event that sets the process in motion, and the source and

destination represent the major players and respondents in the process. The response represents

the output expected from the exercise upon activating the trigger (Whitten, 2007).

The event table is often described as a table of information or data that is usually

compiled to a log file whereby for every possible and probable situation, there is a set of

procedures to be followed and the outcome or the process followed appears in an Analysis

window. In the event table illustrated below, one can view timing information regarding a

specific event or events that are expected to take place during the scenario introduced. Often,

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Risk Assessment Name Institution Introduction Event management requires the use of various information technology systems to organize events and tasks in order to avoid mishaps and poor time management. Often, applications are designed in order to manage the smooth transition of events and efficient conduction of activities within a firm, whereby the actor introduces an argument into the system before the activation of the process. The use of risk assessment techniques is crucial to event management systems in order to evaluate the probable outcomes of an event. In this paper, a risk assessment table has been designed for the purpose of proper management of a music festival event. Event Table This table documents the activities expected during the preparation phase and through the entire event. The event table illustrates the set up cost, precursor activities leading to other subsequent activities scheduled for the successful hosting of the event. Risk evaluation has been conducted in terms of activity cost or expenses. The event is the matter in question, while the trigger stands for the external event that sets the process in motion, and the source and destination represent the major players and respondents in the process. The response represents the output expected from the exercise upon activating the trigger (Whitten, 2007). The event table is often described as a table of information or data that is usually compiled to a log file whereby for every possible ...
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