Event Risk Management Research Articles

Implementation of Event Risk Management in Minimizing Human Error at PT Indovision Prima Film

Implementation of Event Risk Management in Minimizing Human Error at PT Indovision Prima Film

Continuing or withdrawing from endurance sport events under environmental uncertainty: athletes’ decision-making

ABSTRACT This paper seeks to answer the question: what impacts athletes’ decision-making to continue or withdraw from an endurance sport event under environmental uncertainty amid the rise of extreme weathers? Underpinned by prospect theory and the framework of risk information seeking, qualitative data were collected via 14 in-depth semi-structured interviews with amateur and professional athletes and coded using thematic analysis. Findings suggest that endurance sport athletes do consider withdrawal as an option before and during an event. The severity of weather and a lack of physical and psychological preparedness may lead to the decision of withdrawal. Additionally, different decisions can be made under an interplay between weather conditions and physical and psychological status. Event organisers, family, friends and fellow participants may also influence athletes’ decision-making. Finally, based on personal goals set for an event, both risk-seeking (continue) and risk-aversion (discontinue) behaviours may occur when facing the same environmental uncertainty. The paper calls attention to protecting athletes’ wellbeing by undertaking timely withdrawals under environmental uncertainty. By highlighting the vulnerability of endurance sport athletes to environmental uncertainty, this study encourages event organisers to evidence their ability to face environmental uncertainty and enhance/preserve their reputation in event risk management.

A Study on Spatial Accessibility of the Urban Stadium Emergency Response under the Flood Disaster Scenario

In the context of global climate change and the rapid development of the sports industry, increasingly frequent flooding has become a significant challenge for Chinese cities today and one of the hot issues in risk management for sports events. In order to reveal the impact of flooding on the spatial accessibility of emergency response to stadiums in the central urban area within the outer ring of Shanghai, this article evaluates the accessibility of medical emergency services in the central urban area under the impact of flooding based on flood scenario simulations and GIS network analysis. Results show that under the different flooding scenarios, as the intensity of flooding increases, urban road traffic in flood-prone areas is blocked by ponding, and some stadiums are inaccessible to emergency vehicles. The scope of emergency response services for some medical institutions along the Huangpu River is significantly reduced, while emergency response times for stadiums in the riverside area are delayed considerably. Some stadiums are unable to access emergency medical services. The study’s results can offer a case reference for upgrading the level of emergency management of stadiums under urban-scale flooding and optimizing the quality of regional medical emergency services.

The Role of Civil Society in Extreme Events Through a Narrative Reflection of Pathways and Long-Term Relationships

This reflective commentary is a facilitated exchange between two retired professionals in community risk management for extreme weather events – in two different cultural contexts. Paul Cobbing (formerly CEO UK National Flood Forum) and Ewan Waller (Australian land, forest and bush fire manager and consultant with forty years’ experience) share their insights gained through long-standing experience of working with and for communities. The facilitator is an academic researcher in community-based water risk management. Using case-study examples from their national contexts, they collectively reflect on the role of communities throughout the resilience cycle; the contribution of traditional lay knowledges and cultural practices in local resilience building; the harnessing of different knowledge flows; the importance of understanding communities; the values needed at intersections between communities with the professional world; the implications for the changing roles of risk management agencies; opportunities and blocks or impediments to collaboration; and what matters in the management of partnerships and in drawing strengths in crises. The three discussants conclude by highlighting seven important cross-cutting themes or principles needed in community-led approaches that give or return power to communities to shape the place in which they live, alongside others. These connect different types of local knowledge (indigenous, lay, experiential) for community-centered learning across settings.

Development of clinical pharmacy programs integrated into patient care pathways using adverse event risks.

In the strained actual economic context, all clinical pharmacy activities cannot be achieved for all patients of all care pathways. So finding a way to prioritize moments and patients needing those activities is essential. This is the challenge of the "5P project" (Patient personalized clinical pharmacy program integrated into care pathway). To present adverse event (AE) risk management approach applied to develop clinical pharmacy programs integrated into care pathway, using two methods. Used as a priori AE risk management approach, the Delphi method and inductive approach analysis of semi-directed interviews were realized from April 1st to October 3rd, 2019, respectively in orthogeriatric (OG) and pediatric kidney transplantation (PKT) care pathways. Complementarily to bibliographic research, participants were medical and paramedical healthcare providers involved in the concerned care pathway. They have been interrogated regarding AE risks to identify the clinical pharmacy activities required, the patients who need them, and the appropriate steps of the care pathway. The Delphi method for OG care pathway has revealed: 1/. Patients were prioritized by the presence of at least 2 among the following 4 criteria: age ≥90 years old, cardiovascular diseases, prescribed potentially inappropriate medication for elderly patients, obesity or diabetes; priority steps were the post-operative and rehabilitation care steps. 2/. Prescription reviews, medication reconciliation and targeted pharmaceutical informative interview about oral anticoagulants were required. Nine semi-directed interviews used for PKT care pathway has revealed: 1/. Clinical pharmacy activities were carried out for all patients. Priority steps were pre-transplantation, immediate post-operative, and post-transplantation. 2/. Prescription reviews and educative interviews were required. The two presented methods can be used to both develop patient prioritization and targeting steps for clinical pharmacy activities, and integrate it into care pathway. Today, those two developed programs have been executed in our teaching hospital.

Multi-faceted and holistic risk management for business-critical food-safety events causing major disruption to both small and large businesses – An illustrative model

In the food industry, a reactive, siloed approach to food safety is common; the proactive application of a broad risk management (multi-faceted risk management) approach is in a relatively early stage of evolution. This paper shows that opportunities exist to move beyond the typical mono-dimensional approaches that focus only on fixing specific causes and look at the broader risks associated with any event. Companies providing nutrition globally face a broad risk landscape across products, geographies, media platforms and Governments, regardless of business size. Multi-faceted risk management has been applied for some time across other industries and provides a useful set of tools to further develop within the food sector. Each event creates a unique series of risks for an affected company. More often than not, these are further enhanced by factors that are external to the company itself. In this paper, the same theoretical food safety event is placed in the context of both a small-scale boutique business and a large-scale corporate business, and a semi-quantitative multi-faceted risk management model is applied to determine and select mitigation options. The illustrative model considers not only the food safety risk, but also various risk facets relevant to the business, population, societal, environment, reputation and public perception. Consideration is also given to additional external events, such as occurrence under the circumstances of a coincidental catastrophic condition. The use of the model in business continuity planning to identify event likelihood and consequences, and therefore pre-emptive identification and emplacement of preventative measures is also illustrated.

A new concept in event risk management that includes precautions for event organizers during the era of new lifestyles created by COVID-19

A new concept in event risk management that includes precautions for event organizers during the era of new lifestyles created by COVID-19

Risk Management of Sports Venues and Olympic Sports Cooperation Spirit under Complex Environment.

The understanding of sports event risk and Olympic sports cooperation spirit, as well as the systematic analysis and research of sports event risk management, are still in their early stages in China's sports theory circle. Institutions for developing sports talent also disregard programmes designed to increase the risk awareness and Olympic spirit of sports workers. This essay provides an overview of the concepts of sports event risk and Olympic sports cooperation spirit based on reality. This paper examines the interaction of risk management of large-scale sporting events and Olympic sports cooperation spirit from the perspective of event organization managers, using the pertinent theory of risk management and the random forest algorithm in machine learning. The experimental results show that, according to the analysis of injury occurrence according to different positions, it is discovered that forward athletes suffer the most injuries, with an average of 54 forwards in injury situations, followed by guards with an average of 43 guards in injury situations, and finally centres with an average of 38 guards in injury situations. Combining risk management for major sporting events with the cooperative Olympic sports spirit has significant practical implications.

Combination of XGBoost and PPLK method for improving the precipitation nowcasting

The Precipitation nowcasting can provide high-resolution forecasts of rainfall and hydrometeors in 2 hours and play an important role in risk management for flash flood and debris flow events, but it is a very challenge work. This study proposed a new method which combine of XGBoost method and the PPLK model for precipitation nowcasting (XGB-PPLK). The proposed method was assessed in four different types of storms, and the experimental results show that the XGB-PPLK can improve the probability of detection (POD), as while as reducing the normalized mean square error (NMSE), and maintain the basically equivalent false-alarm ratio (FAR).

Case study of event risk management with options strangles and straddles

AbstractEvent risk environments may involve an elevated probability of both volatility regime shifts and sharp, abrupt price changes, either up or down. Purely direction‐oriented risk management approaches are not necessarily well‐suited for these market conditions. In this exploratory case study, we look at the possibility that non‐directional options strategies, such as straddles and strangles, may offer interesting benefits in the management of potential event risk environments. Our research involves only the case of the S&P500® Index from 2018 through 2020. We utilize the Market Sentiment Meter from CME Group to identify periods in which event risk may be present and particularly when the probability of sharp, abrupt price changes may be elevated. Our findings in this specific case suggest that selling option straddles and strangles during typical market conditions and then buying option straddles and strangles when the market sentiment switches to a more extreme state offers potential as an effective risk management approach for event risk. More research is needed over longer periods and for different securities, including international equity indices, to explore the usefulness of options strategies for event risk management.

Redesigning the Games? The 2020 Olympic Games, Playbooks and new sports event risk management tools

ABSTRACT Rationale/Purpose More than a year into the pandemic, scholars and practitioners have highlighted several of the organizational implications of coronavirus-disease 2019 (COVID-19) on worldwide cultural festivals and sporting events. Following COVID-19, numerous major sporting events, including the 2020 Tokyo Summer Olympics, were postponed in February and March 2020. As the new dates of many rescheduled sporting events approach in time, the article discusses pressing questions related to sporting event risk, safety and security. Design/Methodology/Approach The paper is conceptual and employs insights and frames from the risk management literature for its examination of sporting events staged in the mid- and late 2020 and early 2021. Findings We analyse risk management strategies and safety practices at recent sporting events that have been staged throughout the pandemic. Our argument is that the rescheduled sporting events – exemplified by the 2020 Olympics – have been subject to organizational, social and spatial redesign processes. Practical Implications The paper can provide emerging lessons and considerations for sporting event stakeholders in the face of the COVID-19 pandemic. Research Contributions The paper adds to our understanding of emerging risk management strategies and safety practices that event stakeholders have adopted in the context of COVID-19. This is supplemented by an emerging and multidisciplinary research agenda.

Risk Management for Running Events’ Organization on the Example of Half Marathons in Poland

Sports activities, running in particular, are becoming increasingly popular in Poland. Amateur runners are more and more often taking part in organized sports races, especially in half marathons (21.1 km). The great interest of amateur runners is reflected by many half marathons organized in Poland.

Actual Issues of Ischemic and Hemorrhagic Events Risk Management During Antithrombotic Therapy in Patients with Acute Coronary Syndrome

Today, optimal duration of double antiplatelet (DAPT) and triple antithrombotic therapy (TATT) in patients with acute coronary syndrome (ACS) remains the subject of scientific and practical discussion on possibilities of ischemic and hemorrhagic risks assessment. Good clinical risk metrics is based on validated risk scales. However, actual clinical guidelines do not provide a universal and generally accepted scale for assessing the balance of risks of ischemic events and bleeding. Is very necessary to determine the optimal content and DAPT or TATT duration is the existence of validated risk assessment scales would allow to optimize the accuracy of risk assessment of ischemic and hemorrhagic events in patients after ACS. One of the probable reasons is absence of validation of existing scales for each specific population of patients with ACS. In this regard, the use of «new» risk assessment systems: PRECISE DAPT and DAPT, in addition to the routine risk assessment scales (GRACE, CRUSADE), could become optimal in all ACS patient categories. In order to identify the initial risk of community-acquired hemorrhagic events during the first 12 months all patients with ACS at the inpatient stage of treatment is used the PRECISE DAPT score. In order to determine the need for prolongation of the standard DAPT. It should be used after 12 months of receiving DAPT in survivors of ACS patients without ischemic events, must be used the DAPT score.

Enterprise risk management and bow ties: going beyond patient safety

Purpose The growing importance of risk management programmes and practices in different industries has given rise to a new risk management approach, i.e. enterprise risk management. The purpose of this paper is to better understand the necessity, benefit, approaches and methodologies of managing risks in healthcare. It compares and contrasts between the traditional and enterprise risk management approaches within the healthcare context. In addition, it introduces bow tie methodology, a prospective risk assessment tool proposed by the American Society for Healthcare Risk Management as a visual risk management tool used in enterprise risk management. Design/methodology/approach This is a critical review of published literature on the topics of governance, patient safety, risk management, enterprise risk management and bow tie, which aims to draw a link between them and find the benefits behind their adoption. Findings Enterprise risk management is a generic holistic approach that extends the benefits of risk management programme beyond the traditional insurable hazards and/or losses. In addition, the bow tie methodology is a barrier-based risk analysis and management tool used in enterprise risk management for critical events related to the relevant day-to-day operations. It is a visual risk assessment tool which is used in many higher reliability industries. Nevertheless, enterprise risk management and bow ties are reported with limited use in healthcare. Originality/value The paper suggests the applicability and usefulness of enterprise risk management to healthcare, and proposes the bow tie methodology as a proactive barrier-based risk management tool valid for enterprise risk management implementation in healthcare.

Exploring the Legal and Safety Issues amongst Event Planners and Venue Managers in Malaysia

Event planners and venue managers were ultimately held responsible for improper standards of control in any events that they are responsible with. The implementation of risk and safety procedures within the event site will not always preclude the defendant from legal liability. This paper explored the significance of legal and safety issues among event planners and venue managers in Malaysian event management industry. Despite a plethora of literature confirming that legal and safety issues are fundamental in event risk management, a thorough literature review has exposed the insufficiency of research of these intertwine areas. This empirical investigation has been taken in order to investigate the perceptions of event planners and venue managers in Malaysia towards legal and safety issues in planning and managing events. Due to the lack of empirical studies in this area, a qualitative exploratory case study approach using semi-structured interviews has been conducted aiming at exploring the importance of this topic, and to identify (and justify) several important legal acts (Law of Malaysia) within the event management context. The sample participants were recruited based on purposive sampling technique comprising of six event planners and three venue managers from various event related organisations in Malaysia. The data were analysed inductively using constant comparison method. The findings identify three major organisations responsible for the implementation and enforcement of legal and safety issues as well as eight Malaysian legal acts which regulates the event management industry namely the Occupational Safety and Health Act 1994 (Act 514), Factories and Machinery Act 1967 (Act 139), Environmental Quality Act 1974 (Act 127), Explosives Act 1957 (Act 207), Peaceful Assembly Act 2012 (Act 736), Fire Services Act 1988 (Act 341), Employees’ Social Security Act 1969 (Act 4) and Civil Aviation Act 1969 (Act 3).

Security risk management for mass events

The purpose of this article is to present selected aspects of risk management in the context of safety issues when organizing mass events. The article deals with the issue of terrorist attacks during sports events that have taken place in the modern world. Additionally, selected risk management techniques are discussed and examples of their application when organizing safe mass events are presented. The abovementioned techniques are characterized on the example of the organization of EURO 2012

Organizational structure analysis of the Patient Safety Center in hospitals of the Sentinel Network.

To analyze the organizational structure of the Patient Safety Centers. This is an exploratory and descriptive study with 12 coordinators of the Patient Safety Center. Data were collected using a structured and validated questionnaire with two evaluation domains based on Donabedian's triad of structure and process. The Patient Safety Center was implemented in the services with the participation and support of senior management. Human resources and materials are shared with other sectors. Points for improvement were identified regarding the center's activities, sentinel event prevention, risk management strategies, and professional training. Strategies are needed to ensure a non-punitive culture, event notification, sentinel event prevention, core activities, risk management, and professional training.

A human-environmental network model for assessing coastal mitigation decisions informed by imperfect climate studies

Abstract A Bayesian network model is developed to explore the interaction between physical and social processes that influence mitigation decisions and outcomes for extreme events. The network includes statistical relationships for event occurrence and magnitude; uncertainty in the parameters of these models; a high degree of variability in the sequence of events that occurs in any given time interval, and the possibility of long-term trends in the frequency, magnitude and impact of events. The model is applied to coastal storm surge events in the New York City (NYC) area. A 50 cm increase in sea level is predicted to approximately double the expected cumulative damage over a 40-year period. A 20% increment in storm frequency yields a further predicted increase of about 18% in the cumulative damage. The uncertainties in long-term trends associated with climate change may be reduced by scientific studies. However the value of this information is affected both by study accuracy and the extent of its trust, acceptance and utilization by decision makers. Implications of this are assessed in the model, showing that the probability of regret is notably reduced when climate study results are used to support mitigation decisions. This is demonstrated even when the studies have relatively low accuracy, moreso when they exhibit good or perfect accuracy. Based on model insights and limitations, further research needs are identified to better understand extreme event risk perception and management in coupled human-environmental systems.

Study on Comprehensive Risk Assessment of Marine Environment Safety Based on Public Safety Triangle Theory

With the continuous improvement of marine strategic status, the degree of emphasis on marine environmental security incidents has increased. In order to effectively prevent and manage marine environmental events, we need to work through risk assessments to prevent the occurrence of events or reduce the impact of events. Based on the theory of public safety triangle, this paper studies and analyzes the comprehensive risk assessment of marine environmental safety. Based on the historical disaster situation investigation and the existing disaster risk assessment research results, a comprehensive risk assessment framework was established. According to the development process of the marine environmental safety incident and the influence of the incident, the comprehensive risk evaluation index system is constructed from three aspects: event risk, disaster tolerance and emergency management. According to the expert experience and judgment matrix, considering the acceptable level of risk, the risk assessment grading standard is established, which provides theoretical support for the comprehensive risk assessment of marine environmental safety.

Fuzzy cognitive maps for adverse drug event risk management

This work aims at developing a procedure for analysing the drug administration process in order to understand and highlight the criticalities and risks of the process as well as the cognitive mechanisms governing human decisions during the process. Drug therapy management and drug administration are recognised as expanding, complex, and crucial aspects of the health care system, which also help to limit unnecessary costs from complications or hospitalizations. Improved clinical outcomes can result from a more controlled drug administration process, reducing the probability of errors made by the involved operators. The whole drug administration process, starting from the patients' inlet to their entering the health unit up to the medication itself can hide potential causes of errors or lack of compliance procedures. The more complex the system there is to manage, the higher the liability of wrong operations. It is thus fundamental to deeply understand the cognitive mechanisms influencing the occurrence of errors and, to this end, a Fuzzy Cognitive Map (FCM) approach will be described in this study. FCMs helped the authors to highlight the cognitive mechanisms that influence decision-making processes in drug management and evidenced the critical factors affecting the drug therapy management process as a whole, thus pointing out corrective actions for the patient's better and continuous health-related quality of life.