Risk Management

 

Student clubs and organizations have been a topic of concern from a liability perspective for many years. Involvement in a wide variety of activities ranging from sky diving to community gardens can result in a severe liability exposure students and the University.  Clubs and organizations should approach risk management issues pro-actively by providing the members with a way to evaluate the level of risk involved   Because liability protection extended to individual employees, officers, and agents is not absolute, it is impossible to determine whether liability protection will exist for individuals involved in a given specific student organization activity.  However, there are a couple of key factors and questions that should be examined when looking at risk management and liability issues for any given situation.  By asking a few focused questions, the advisor can assist the student club or organization in deciding whether or not a particular activity involves an inappropriate level of risk for the participants.  These questions will also assist in developing a strategy of how to respond if a situation does occur. 

 

1.         Seriousness of risk:

 

·                     Could the activity or event result in death?

·                     Could the activity or event result in severe injury, major property damage, or significant financial loss?

·                     Could the activity or event result in minor injury, property damage or financial loss?

·                     Could the activity or event result in minimal threat to safety, health and the wellness of the participants?

 

2.         Probability that something will go wrong:

 

·                     What is the likelihood that an activity or event could result in something that will go catastrophically wrong quickly or within a short period of time?

·                     What is the likelihood that an activity or event could result in something that will go wrong in time?

·                     What is the likelihood that an activity or event could result in something that will rarely go wrong?

 

3.         Participant knowledge of potential risk:

 

·                     Does the participant understand all of the potential risk factors involved with an activity or event?

·                     Has the participant signed an assumption of risk form?

·                    Has the participant completed the emergency contact form or other appropriate forms for travel?