Policies and Risk Management

What is Risk Management?

Risk Management:

• Is the process of identifying and evaluating the risks associated with activities and operations of an organization; developing a means to control, reduce, or eliminate those risks.
• Is any possibility about a future event or experience that threatens your organization's ability to accomplish its purpose, host an event, maintain status as a RSO, maintain a healthy and safe environment for you and others, or avoid legal or financial sanctions.
• Is identifying the many unexpected factors that can occur, causing harm those involved, properties, and even the reputation of your RSO, and proactively preparing to respond to such incidents.

Risk management should be an integral part of the event planning process.

Each student has the responsibility to be fully acquainted with and comply with the IUPUI Student Rights, Responsibilities, and Conduct.

The event planning form and risk management resources represent guidelines in which the University provides advice and assistance as practicable. The organization accepts the responsibility for its operation, conduct, and contributions to the University community.

The event planning form is designed to assist RSOs to identify possible risks; ie. Physical, Reputational, Emotional, Financial, and Facility, in an attempt to promote a safe and successful event. However, the ultimate responsibility for performance rests with the RSO and its members themselves.

• Physical – risk related to physical activities, travel, food illnesses, etc.
• Reputation – risk related to damaging the character or image of individuals, the organization, or institution.
• Emotional – risk related to the discomfort or damaging to an individual's personal feelings and well-being.
• Financial – risks that negatively affect the fiscal strength of the organization or related parties.
• Facilities – risks that inhibit the activity from taking place including weather, space, property damage, equipment, etc.

Plan for the unexpected as much as possible. Think about the worst case scenario and plan for those situations. Take time to consider the risks and develop a risk management plan. Be sure to follow established policy guidelines.

• What is Risk Management?
• Event Planning
• Liability of Student Organizations
• Recruitment/Hazing
• Medical/Health Insurance
• Travel
• Waivers
• Contracts
• Targeted Audience
• University Food Policy
• Alcohol On/Off Campus
• Resources

As a student organization leader, OSI hopes that you care about the well-being and safety of your members and event participants. The OSI staff encourages you to visit rso.iupui.edu for more resources on risk management, ask any questions you may have, and attend our SOLD workshops to learn about effective ways to practice risk management.

If you would like to meet with an OSI staff member for event planning and risk management assistance or consultation, please feel free to email us at osi@iupui.edu or stop by Campus Center 370.