CED Risk Management & Contingency Planning Flashcards
6 cards from real CED practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 CED Risk Management & Contingency Planning flashcards as text
Which document outlines predetermined responses to potential event failures such as power outages or severe weather?
Answer: Contingency plan
A contingency plan documents predetermined responses to identified risks so the team can act quickly when disruptions occur.
What is the primary purpose of a risk matrix in event planning?
Answer: To prioritize risks by likelihood and impact
A risk matrix plots risks by their probability and potential impact, helping planners prioritize which risks need the most attention.
An outdoor ceremony faces sudden heavy rain. Which pre-event action best demonstrates effective risk management?
Answer: Securing a tent or indoor backup venue in advance
Securing a backup venue or tent before the event is the hallmark of proactive risk management for weather-dependent functions.
Force majeure clauses in event contracts primarily protect against:
Answer: Unforeseeable events beyond either party's control
Force majeure clauses excuse contract obligations when extraordinary, unforeseeable circumstances — like natural disasters — prevent performance.
Which type of insurance is most essential for protecting an event against third-party bodily injury claims?
Answer: General liability insurance
General liability insurance covers third-party claims for bodily injury or property damage that occur during the event.
When should a CED professional first conduct a formal risk assessment for an event?
Answer: During the initial planning phase
Conducting a risk assessment during the initial planning phase allows sufficient time to implement mitigation strategies before deadlines close in.