QUIZ - Module 9 - Risk Management

It is the process of identifying and analyzing the risks that may threaten the attendees, the organizer, suppliers, the event itself, and applying appropriate strategies to minimize the occurrence and impact of such risks.

• Risk Management

• Emergency Plan

• Crisis Management

• Disaster Plan

It is a sudden, unexpected, or threatening situation that may cause injury, damage to property or even loss of life.

• Crisis

• Disaster

• Emergency

• Risk

It refers to the possibility that something, an emergency, a crisis, disaster, may or may not occur.

• Crisis

• Disaster

• Emergency

• Risk

It is a critical situation which may turn into a disaster or catastrophe if not handled in an appropriate and timely manner.

• Crisis

• Disaster

• Emergency

• Risk

Acts of terrorism may result to casualties and fatalities. It is one of the examples of situations considered as:

• Criss

• Disaster

• Emergency

• Risk

Copyright, trademarks, patents, ideas, and reputation are considered assets. It is otherwise known as:

The ____________________ is another way to undertake the risk assessment process.

It is a tool that can help you analyze risks using variables of probability of occurrence and severity of impact. This tool may also help you in choosing course of action when faced with the risk:

It is a document that outlines how risk management will be implemented in the event. The plan contains: chain of command, contingency, emergency and crisis response plan, spokesperson, and implementation strategies.

It contains strategies and detailed plans that the event organization must deal with with in case the event cannot proceed as initially planned. It is known as Plan B.