RISK MANAGEMENT for A COMMUNITY ACTIVITY Risk management can be said to be about knowing what can go wrong and how to avoid it. Here are a few important things to consider:
What could possibly happen? Think about anything that could possibly go wrong. This could include things like people hurting themselves, a fire, lack of supervision, negative media coverage of an event.
How likely is it to happen? For each risk that you’ve identified think about how likely it is for it to happen. Consider everything, from the far fetched to the common, the everyday to the rare.
How serious would the harm be? If it did happen, how serious could the harm be? Consider the consequence for your organisation, children, staff, volunteers etc. if harm did occur?
Have a plan of action for each risk identified. What would you do in response if the identified risk happened? When the harm is serious, and the problem could arise often, you have a risk that needs immediate attention.