Write a memorandum to a venue’s chief security officer to communicate a historical risk event that could occur at the venue and recommend measures to control
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Write a memorandum to a venue’s chief security officer to communicate a historical risk event that
could occur at the venue and recommend measures to control and finance that risk.
The chief security officer of a venue asks that you, a risk management analyst under his
supervision, identify a past historical risk event at a venue that could occur at your venue and write a
1400-1700 word memorandum to the chief security officer describing the impact and likelihood of such
a risk event occurring at your venue, recommending controls to mitigate that risk and financing
mechanisms to transfer that risk, and steps to be taken to implement those controls and financing
mechanisms. A template setting forth the format of the Chief Security Officer Memorandum is posted
on Blackboard. This assignment is worth 150 points. This is an INDIVIDUAL exercise. Do not collaborate
with others on this exercise. Your memorandum should reflect your own understanding of the materials
the class has studied on risk management processes and venue safety and security. Please cite any
references in footnotes and please use quotations if you are copying material directly.
Steps
1. Select a venue (e.g., stadium, concert hall, arena, festival grounds, nightclub, park) at which you
are a risk management analyst reporting to the venue’s chief security officer.
2. Identify a historical risk event at a venue that could occur at your venue.
3. Research and gather data on this risk event and the impact and likelihood of this risk event
occurring at your venue.
4. Research and gather data on controls that could potentially mitigate this risk event.
5. Research and gather data on financing mechanisms that could help transfer the venue’s
responsibility for such a risk event to another party.
6. Identify the most relevant controls and financing mechanisms to be used as part of an
implementation plan you recommend to the venue’s chief security officer.
7. Using the Chief Security Officer Memorandum Template, develop the memorandum describing
the historical risk event, the impact of this risk event occurring at your venue, the likelihood of
this risk event occurring at your venue, the controls to mitigate this risk, the financing
mechanisms to transfer this risk, and a plan to implement the controls and financing
The post Chief Security Officer Memorandum first appeared on COMPLIANT PAPERS.