8.5 Key Takeaways
STEP 8: Key Takeaways
- In recreation, the ability to effectively manage the inherent risks in every program or event is an essential skill for all programmers and program-leaders;
- Risk Management begins with the identification of inherent risks, followed by an assessment of the magnitude of each risk, followed by an analysis that will determine the most effective way to manage each risk (accept, reduce, transfer or eliminate), and ends with a review of how well the risks were managed once the program is completed;
- Risk Management does not have to cost a lot of money, but does require careful pre-planning, and the successful execution of a Risk-Management Plan.