article thumbnail

Risk Management: Events are Risky Business 

SmartMeetings

Weighted risk tracking helps manage real contingency requirements We all plan events months in advance, years in advance, or maybe even, days in advance. Because of that not only do our risk management plans need to be well-thought out but so do our finances to cover those risks. Turns out there is.

article thumbnail

strategies for effective event risk management

SevenEvents

in today’s world, ensuring the safety and security of attendees is paramount and it is important to put in an effective risk management plan to prioritise guest and organiser safety. what is risk management in an event? why is event risk management important ?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Risk Management and Contingency Planning for Event Planners

Event Planning BluePrint

As event planners, we navigate a world with unexpected twists and turns. Mastering the art of Risk Management and Contingency Planning. Understanding Risk Management in Event Planning Risk management is more than a buzzword; it’s a critical toolkit in our event planning arsenal.

article thumbnail

Risk Management Gets a Boost: Customizable Event Insurance Debuts

MeetingsNet

With significant guidance from industry association Destinations International, the insurance and risk-management firm Anderson Benson has rolled out coverage for event disruption and cancellation that allows host organizations to put together a policy specific to their needs.

article thumbnail

Recent Incidents Highlight Need for Risk Management

MeetingsNet

A veteran security consultant says that planners should implement many of the same protocols used for executive-level events across all their meetings. One area in particular where planners might want to perform risk management at a higher level for all their meetings is in vetting hotel staff.

article thumbnail

The Importance of Risk Management in Events Planning

Eventinterface

Planning an event requires months of prep-work, with pressure increasing each day. Event planners have a lot on their plate, from liaising with suppliers to organizing the guest list. All of this work means that a failed event inevitably leads to disappointment. This is why risk management is crucial for event planners.

article thumbnail

The Importance of Risk Management in Events Planning

Eventinterface

Planning an event requires months of prep-work, with pressure increasing each day. Event planners have a lot on their plate, from liaising with suppliers to organizing the guest list. All of this work means that a failed event inevitably leads to disappointment. This is why risk management is crucial for event planners.