Risk management

Risk Management is a practice the Executive Committee members and all other staff should be engaing in at all times. It can be an explicit table top excercise with many committee members, or it can be a mental excercise by a single person plannning some aspect of the convention. It compares the actual activities the convention is engaged in or plans to do with the goals of the convention, and examines how those activities will be carried out. It then looks for the ways the activity can go wrong (threat), and rates the probability and severity of consequences of those events (risk assessment). Last, it comes up with methods to minimize the risks, and the probability of an undesirable outcome for the convention and its members.