EVENT RISK MANAGEMENT AND CONTINGENCY PLANNING PROCESS

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[ ] Identify Potential Risks: Retrieve all existing entries from the 'Risk Register' data model to review current threats.
[ ] Log New Risk Entry: Create a new entry in the 'Risk Register' for a newly identified risk.
[ ] Update Risk Severity: Update the impact and probability fields of a specific Risk entry after assessment.
[ ] Calculate Risk Score: Execute a formula (Probability * Impact) to determine the numerical risk score.
[ ] Calculate Total Risk Exposure: Aggregate all risk scores in the current event scope to find the maximum potential loss.
[ ] Assign Mitigation Owner: Create a task for the Risk Manager to assign mitigation strategies to specific team members.
[ ] Execute Contingency Plan Step: Create actionable tasks for field teams when a specific risk threshold is breached.
[ ] Create Contingency Plan: Create a new entry in the 'Contingency Plans' data model linked to a specific risk.
[ ] Update Plan Status: Update the status of the Contingency Plan from 'Draft' to 'Active' or 'Deactivated'.
[ ] Alert Stakeholders: Send an email notification to the Event Committee regarding a high-priority risk alert.
[ ] Emergency Alert: Send an SMS to the Incident Response Team for immediate critical threats.
[ ] Retrieve Resource Availability: Get entries from the 'Resources' data model to check for available backup equipment/personnel.
[ ] Post-Event Review Task: Create a task for the safety officer to conduct a debrief after the event concludes.
[ ] Generate Risk Assessment Report: Create a comprehensive report summarizing all identified risks and mitigation statuses for stakeholders.
[ ] Archive Resolved Risk: Remove or move entries from the active 'Risk Register' once the threat is no longer applicable.

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