Question: Step 1- Identify all risks associated with a wedding event.A comprehensive list must be developed and recorded. Consider all sources of risk including: Financial, Legal,
Step 1- Identify all risks associated with a wedding event.A comprehensive list must be developed and recorded. Consider all sources of risk including:
Financial, Legal, Assets, Personnel, Program Activities, Marketing, Food Handling, Reputation.
Step 2 - All risks identified in step one will be analyzed and evaluated to arrive at a risk rating using a simple matrix of the probability (how often it might happen) and the consequences (how severe are the consequences when the risk occurs).The analysis must use a scale rating the probability of occurrence (1-10, with 1 being least likely and 10 most likely) and rating the consequences of occurrence (1-10, with 1 having least effect/impact and 10 having most effect/impact).
Step 3 - You are to examine the five risks that have the highest risk rating and develop a risk control and treatment/control program for each of the risks identified.
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