Event Management Risk Management and Safety

Question 1

What is a risk assessment matrix used for in event planning?

Accepted Answer

Identifying, prioritizing, and planning responses to potential event risks

Answer

Evaluating speaker credentials

Answer

Assessing venue pricing

Answer

Scoring attendee satisfaction

Question 2

Which type of insurance is most essential for a large public event in the US?

Accepted Answer

General liability insurance

Answer

Property insurance

Answer

Workers' compensation insurance

Answer

Directors and officers insurance

Question 3

What is an Emergency Action Plan (EAP) in event management?

Accepted Answer

A documented plan outlining procedures for responding to emergencies during an event

Answer

A backup marketing strategy

Answer

An insurance policy add-on

Answer

A venue's evacuation diagram only

Question 4

Which US federal agency provides guidelines for crowd management safety at events?

Accepted Answer

OSHA

Answer

FDA

Answer

FTC

Answer

FAA

Question 5

What is the recommended staff-to-attendee ratio for crowd management at a large outdoor festival?

Accepted Answer

1:100

Answer

1:500

Answer

1:250

Answer

1:50

Question 6

Which risk mitigation strategy involves transferring financial risk to a third party?

Accepted Answer

Risk transfer through insurance or contracts

Answer

Risk avoidance

Answer

Risk acceptance

Answer

Risk reduction