Risk Management for Events

This subject is available under ICMS undergraduate degrees, please click the button below to find an undergraduate course for you.

Subject Code:

THE301A/THE301B

Note: Both A and B code subject versions are displayed as they are approved equivalent in content, assessments and learning outcomes. As ICMS courses are reaccredited, the subject is updated to a B-code suffix. Students studying a Bachelor of Business, Bachelor of Business (Sports Management), Bachelor of Business (Entrepreneurship and Innovation), Bachelor of Business (Marketing), Bachelor of Business (International Tourism), Bachelor of Hospitality Management, and Bachelor of Event Management will be enrolled in B-code subjects in 2027. Students enrolled in all other courses at ICMS will complete the equivalent A-code subject. This arrangement applies to the nested diploma qualifications of these courses also.

Subject Rationale:

THE301A

In order to maximise safety in the tourism, hospitality and event industries, one management skill that is essential to acquire is the ability to manage risk.

Whether on an excursion, dining or attending an event, there are many elements of risk that need to be managed within and across the tourism, hospitality and event (THE) industries. For all organisations within these industries, it is important to systematically identify and monitor the possible risks that may arise for employees, investors, guests or anyone else involved.

This subject introduces relevant theoretical concepts to understand risk management within these different industries. It will also aim to provide a basis for future managers to understand and reduce the risks involved in whatever their chosen THE field.

THE301B

Risk management is a critical professional capability in contemporary event management, underpinning safe event delivery, stakeholder confidence, and organisational accountability. Event professionals are required to anticipate, assess, and respond to complex and dynamic risks across diverse event contexts, often under conditions of uncertainty, public scrutiny, and time pressure.

This subject develops students’ capacity to manage risk as an operational and leadership function within event environments. It focuses on the identification, analysis, and treatment of event-specific risks, including crowd management, emergency response, contractor and stakeholder coordination, and regulatory compliance. Particular emphasis is placed on risk communication, escalation pathways, and decision-making during live event scenarios.

Students will engage with industry-aligned risk management frameworks, digital risk tools, and applied case scenarios to evaluate risk controls and prepare practical risk documentation. Ethical responsibility, cultural safety, and stakeholder considerations are embedded throughout the subject, reflecting contemporary expectations of professional event practice.

Learning Outcomes:

THE301A

a) Reflect upon the place and importance of risk to the industries.
b) Review different risk management practices within the industries.
c) Critique the application of risk management best practices to the industries.
d) Recommend which strategies help improve the effectiveness and efficiency of risk management within the industries.

THE301B

a) Analyse risks associated with event operations, including safety, legal, and reputational considerations.
b) Apply risk management frameworks to identify, assess, and prioritise risks for events.
c) Evaluate risk mitigation and emergency response strategies, including the role of technology and communication systems.
d) Communicate risk management decisions and responses clearly to relevant event stakeholders.

Student Assessment: