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Essay Undergraduate 756 words

Risk management proposal for the Global Event for Biotechnology in Chicago

~4 min read 12 sections Business
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Essay 756 words

Risk Management Consultant Proposal

Event: The Global Event for Biotechnology in Chicago, Illinois

Event Description

In brief, this event will bring together professionals from not only the academia but also from government and the industry. The convention will in this case provide participants with a unique opportunity to explore, describe, and probe the various global challenges we are faced with today, and the most appropriate measures that can be adopted to rein in the said challenges.

Risk Assessment

Risk assessment in the words of Dampsey (2007) "is the process of identifying potential areas of security and loss, and the development and implementation of effective measures or countermeasures to deal with these problems." This particular risk assessment for the aforementioned event will take into consideration not only the hazards but also the nature of risks, and the measures that should be taken to control them. In this particular case, a hazard shall be viewed in the context of the definition Wells (2006) gives to a hazard, i.e. something having "the potential to cause harm."

Hazards

In regard to the Global Event for Biotechnology, key hazards many include but they are not limited to natural disaster events, crimes of opportunity such as vehicle burglary and vandalism, and acts of violence such as attacks on conventioneers. Other hazards to be considered include trips and falls, food poisoning, electric failure, etc.

Crimes of Opportunity

Description

As the name suggests, crimes of opportunity are committed when an opportunity to commit crime presents itself. In that regard, such crimes are rarely planned or premeditated. In our case, crimes of opportunity as I have already pointed out elsewhere in this text could include vehicle burglary and vandalism.

Implications

Acts of vandalism could lead to additional event costs. When it comes to vehicle burglary, attendees could lose valuable property such as laptops, important documents, and phones.

Action Plan

The relevance of having elaborate security arrangements in this case cannot be overstated. Measures to be taken will largely be preventive (so as to eliminate the opportunity) and in that regard, they will include the installation of closed circuit cameras at strategic points, stationing of security personnel at appropriate points, etc.

Acts of Violence

Description

An act of violence could be defined as any behavior of a forceful nature that is intended to hurt another person or occasion damage to property. In this case, acts of violence could emanate from the convention participants themselves or outsiders. This is more so the case should participants disagree during deliberations or should outsiders stage demonstrations to register their displeasure with any of the issues being deliberated at the convention.

Implications

Acts of violence including but not limited to assault and battery could lead to serious injuries or even death.

Action Plan

In this case, there will be a need for adequate preparations. Mitigation and disaster management measures will also be put in place. Of key importance in this case is liaising with the relevant agencies involved in tracking natural disasters such as earthquakes, and having in place elaborate evacuation measures.

Other Hazards

The other hazards worth taking into consideration in this case include but they are not in any way limited to trips and falls, food poisoning, electric failure, etc.

Implications

While trips and falls could cause broken limbs and other more serious injuries, food poisoning could adversely affect the health of participants. Electric failure could in addition to disrupting the event also trigger fire.

Action Plan

In regard to trips and falls, deliberate measures will be taken to ensure that floors are kept dry and adequate lighting maintained. To avoid food poisoning, only competent catering services will be engaged. Proper hygiene will also be observed. Standby electricians will be maintained onsite so as to quickly rectify any electric problems.

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Action Plan102 words
Measures to be taken in this case in an attempt to completely eliminate acts of violence or lessen the severity of the same are both…
References
2 sources cited in this paper
  • Dampsey, J.S. (2007). Introduction to Private Security. Belmont, CA: Thomson Higher Education.
  • Wells, G. (1996). Hazard Identification & Risk Assessment. Rugby, Warwickshire: Institute of Chemical Engineers.
Key Concepts in This Paper
risk management event security biotechnology conference hazard assessment emergency preparedness crime prevention Chicago
Cite This Paper
PaperDue. (2013). Risk management proposal for the Global Event for Biotechnology in Chicago. PaperDue. https://www.paperdue.com/essay/risk-management-consultant-proposal-event-88415

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