Risk assessment and risk management

During the planning phase, carefully consider potential risks involved with staging your event.

Identify, mitigate and manage risks

Invite as many people as possible involved with the event to identify potential risks. Risks can include:

Risks should be carefully analysed and then rated according to likelihood and impact. Control measures should then be developed to reduce the likelihood of risks occurring. Comparing the benefits and costs will help you decide your mitigation strategies. Focus on risks that have significant impacts or consequences.

Your risk management plan should form part of your emergency management approach. Once you have developed your plan, continue to monitor, assess and manage risks throughout the planning of the event, and during the event itself.

Terrorism

If terrorism risks are identified, develop your response in partnership with your NSW Police Force Local Area Command. Guidance material on the Secure NSW website, particularly the Crowded Places Security Audit and Self-Assessment Tool, will help you identify any security vulnerabilities.

Keep records

Keep records of the risk management processes for legal reasons, and so you can review and improve risk management for future events.

Communicate risks

Share risk assessments and management plans with relevant stakeholders and agencies. 

Risk management standards

Refer to the Australian Standard Risk Management (AS/NZS ISO 31000:2009) on the Standards Australia website.

The Standard is available for purchase from the SAI Global section.