Monday, December 23, 2019

Legal Aspects Of Risk Management - 875 Words

Legal aspects: †¢ Liability: First of all, regarding risk management, the organising team of the event can be held liable for its actions or omissions. According to Silvers, liability means „the legal responsibility for one’s actions or omissions† (Silvers, p.56, 2013). An important question regarding legal aspects is „who owns the event†? The legal owner of an event can range from the organising committee, sponsors and the coordinator. Therefore, „whoever assumes ownership for the event entails legal responsability and therefore liability†(Bowdin, p.330, 2006) In order to avoid being taken liable for the participants actions, such as an injury, every reasonable precaution must be considered and taken care of. This should be done through a risk assessment, therefore considering and trying to avoid any possible negative risk that can occur. This legal responsibility for actions and omissions is called duty of care, and is covered by an area of law kno wn as torts(Bowdin, p.339, 2006). The duty of care states in the Health and Safety Executive from 2003 that „An employer does not have to take measures to avoid or reduce the risk if they are technically impossible or if the time, trouble or cost of the measures would be grossly disproportionate to the risk†. Therefore, the employer would be the person legally responsible for the event, and he should consider and take appropriate actions to avoid a risk if it’s reasonably practicable. †¢ Contract liability: Moreover, in termsShow MoreRelatedEvent Management; Legal and Ethical Responsibilites with Respect to Risk Management685 Words   |  3 PagesEvent Manager; legal and ethical responsibilities with respect to risk management The theme Ethics and Risk Management signifies that each of these two disciplines—risk management and ethics—depends on the other. 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