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1、RiskManagementprocessRiskManagementisafivestepprocess:Step1–EstablishthecontextStep2–IdentifytherisksStep3–AnalysetherisksStep4–EvaluatetherisksStep5–TreattherisksThroughouteachstepitisessentialthatthereisconsultationandcommunicationwitheveryoneinyourorgan
2、isation’sfunctions,activitiesandevents(refertodiagram).Step1–EstablishthecontextBeforeriskcanbeclearlyunderstoodanddealtwith,itisimportanttounderstandthecontextinwhichitexists.Youshoulddefinetherelationshipbetweenyourclubandtheenvironmentthatitoperatesinso
3、thattheboundariesfordealingwithriskareclear.Establishthecontentbyconsidering:·Thestrategiccontext–theenvironmentwithinwhichtheorganisationoperates·Theorganisationalcontext–theobjectives,coreactivitiesandoperation’softheclub.Page6of6Step2–IdentifytherisksTh
4、epurposeofthisstepistoidentifywhatcouldgowrong(likelihood)andwhatistheconsequence(lossordamage)ofitoccurring.Keyquestionstoaskinclude:·Whatcanhappen?Listrisks,incidentsoraccidentsthatmighthappenbysystematicallyworkingthrougheachcompetition,activityorstageo
5、fyoureventtoidentifywhatmighthappenateachstage.·Howandwhyitcanhappen?Listthepossiblecausesandscenariosordescriptionoftherisk,incidentoraccident.·Whatisthelikelihoodofthemhappening?·Whatwillbetheconsequencesiftheydohappen?Riskscanbephysical,financial,ethica
6、lorlegal.Physicalrisksarethoseinvolvingpersonalinjuries,environmentalandweatherconditionsandthephysicalassetsoftheorganisationsuchasproperty,buildings,equipment,vehicles,stockandgrounds.Financialrisksarethosethatinvolvetheassetsoftheorganisationandincludet
7、heft,fraud,loans,licensefees,attendances,membershipfees,insurancecosts,leasepayments,pay-outofdamagesclaimsorpenaltiesandfinesbythegovernment.Ethicalrisksinvolveactualorpotentialharmtothereputationorbeliefsofyourclub,whilelegalrisksconsistofresponsibilitie
8、simposedonproviders,participantsandconsumersarisingfromlawsmadebyfederal,stateandlocalgovernmentauthorities.Step3–Analysetherisks(&evaluate)Thisinvolvesanalysingthelikelihoodandconsequencesofeachidentifiedris
