Transcript risk management matrix - Student Life at UMHB

RISK MANAGEMENT MATRIX
If you have any questions, contact the Office of Student Organizations at 254-295-5402 or Risk Management at 254-295-8635
Instructions for completion
Step 1: Choose an event your organization plans on conducting.
Step 2: List all event activities that are associated with the event.
Step 3: Thoroughly identify any potential risks.
Step 4: Brainstorm with various event stakeholders to try mitigating any identifiable risk.
Name of Event: ____________________
List of Special
Activities
1.
2.
3.
4.
Types of Risk
Seriousness
1.
2.
3.
4.
Types of Risk:
Physical
Financial
Facility
Emotional
Reputational
Informational
1.
2.
3.
4.
1.
2.
3.
4.
PROBABILITY
A– Likely to occur immediately or in a short period
of time, expected to occur frequently.
B– Probably will come in time.
C– May occur in time.
D– Unlikely to occur.
PROBABILITY
Seriousness
I
II
III
IV
A
B
C
Probability
Method to
Manage Risk
1.
2.
3.
4.
SERIOUSNESS
I– May result in death.
II- May cause severe injury, major property damage,
significant financial loss, and/or result in negative publicity for
the organization and/or institution
III– May cause minor injury, illness, property damage, financial
loss, and/or result in negative publicity for the organization
and/or institution
IV– Hazard presents a minimal threat to safety, health and
well-being of participants.
D
If any event activity score is within the red or yellow please be sure to check
with the Office of Student Organizations or Risk Management Office for
assistance in reducing the activity’s risk. The form has been provided as an
educational tool to help student leaders to develop a process for identifying and
discussing potential risk issues. It is intended for use as part of a larger event
planning process, and should only serve as a starting point for your discussion on
risk management. Completion of this form does not imply approval or
authorization of your event by The University of Mary Hardin-Baylor.