What is Man’s Risk Management Process?

The Man’s risk management process is a series of five steps:

• Establish the context
• Acknowledge and identify risks
• Evaluate and prioritize risks
• Implement risk management techniques
• Monitor and update the program

The process enables a foundation to systematically identify and prioritize risks facing the organization and take action to prevent or reduce the risks facing people, property, finances and goodwill.

Key Questions

What could go wrong?
What surprises could occur in each of Man’s key activities or programs?

What will we do to prevent these things from going wrong?
What reasonable steps could we take to eliminate those surprises? Or what can the organization adjust or strengthen in the areas of position design, recruitment, screening, training and supervising the artist?

What will we do if something does go wrong?
What if our attempts to prevent harm fails and something goes wrong anyway? Will the people on site know what to do? What will the organization do, if anything?

How will we pay for it?
Do the potential surprises have a price tag? What might it cost if someone damages the artist’s property? Who should pay for the medical expenses if the artist gets hurt? What if the program is sued? What if the artist doesn't have medical insurance? Do either the artist or the program have adequate insurance coverage or funds on hand to pay for harm?

Success Factors

The ultimate effectiveness of the ideas and strategies coming from the team discussion depends on whether:
The ideas are practical and realistically take into account existing financial and human resources of the organization.

• The ideas don't interfere with the organization's mission.
• The ideas don't drain huge amounts of time from the program's work.
• The ideas can be made effective within the organization's time, people and financial constraints.