Risk Management and a Music Festival

Paper Summary:

This paper analyzes the risks involved in a municipality sponsoring a pop concert. It is organized into three parts in order to describe the precise risks and necessary management measures involved. Firstly, the precise details of the risks are described. Secondly, a plan is described for the mitigation of risks before, during and after the event. Thirdly, conclusions and recommendations are offered in terms of risk management.

Outline:
Introduction
Corporate Risks
Program of Action
Before the Event
During the Event
After the Event
Conclusions and Recommendations

From the Paper:

" During the event, the organizer's reputation may be damaged by a number of factors associated with the nature of the event and its attendees. The noise level may for example damage the reputation of the organizers in terms of maintaining the peace in the neighborhood. Because a large number of attendees are expected, it is also expected that the music presentations will have to be loud in order to be audible to the entire crowd. Furthermore, it is also expected that the crowd will produce a high level of noise. This could be perceived as a bad influence on the community and carry with it an unfavorable impression in the eyes of the community."

Sample of Sources Used:

• Cheltenham Borough Council. 2006. Cabinet, 29 March: Cultural Review; Implementing Changes. http://tivoli.cheltenham.gov.uk/.../2006/reports/2006_03_29_Cabinet_Cultural_Review_Implementing_Changes.pdf
• Edinburgh International Festival. 2006. Press Release: 13 Dec. http://www.eif.co.uk/N99_PRESS_RELEASE_Private_donor_and_Scottish_Arts_Council_partnership_puts_Festival_on_firmer_footing.php?PHPSESSID=e7650f0a

More papers on Risk Management and a Music Festival:

• Term Paper # 136124 : "Risk Management and JCAHO Guidelines"
• Analytical Essay # 106942 : "Risk Management and Risk Assessment"
• Research Paper # 111459 : "Risk Management and Pharmaceutical Firms"

APA Citation:

MLA Citation: