Question

Logistic Department

RISK	RISK LEVEL	IMPACT	RISK RESPONSE	RELATED PARTIES
Risk occurred due to pandemic issues	Level of risk occurred (small,medium, High etc.)	Effect of risk towards event stakeholder	Response from organizer towards risk occurred	Parties that affected due to the risk occurred (organizer,supplier or participants etc.)
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List table starting risk assessment from event carnival to virtual run when changer concept but focusing on risk effected dgn Covid-19

Procedure related to third parties (supplier,organizer and participant)
- Risk effected by Covid pandemic
- Changer concept of event

Answer 1

Logistic Department

RISK	RISK LEVEL	IMPACT	RISK RESPONSE	RELATED PARTIES
Risk occurred due to pandemic issues	Level of risk occurred (small,medium, High etc.)	Effect of risk towards event stakeholder	Response from organizer towards risk occurred	Parties that affected due to the risk occurred (organizer,supplier or participants etc.)
1LIFE RISK	HIGH	lead to death or maximum injury	government and medical department is trying best to make vaccine.	all are infected , even organiser himself.
2.SUPPLY CHAIN MANAGEMENT	MEDIUM	highly effect the complete chain as if there is breakage in supply, complete economy will be effected and also there will be shortage of products and also insufficient money supply chain within hands of manufacturer and supplier	With safety measures to be safeguard from the COVID 19 supply has been started but within limits of social distancing, proper sanitization of products and with no contact work as ethic.	parties affected are suppliers and participants or consumers.
3 CASHFLOW MANAGEMENT	HIGH	due to less capital , unable to meet expenses and unable to meet demands occured	giving a ratio of total expense to balance the budget.	organiser, supplier and the workforce
4 CHANGE OF SCHEDULED PLANS MAINLY EVENT ORGANISERS	MODERATE	there are insufficient earning due to change in event or cancellation of event	with social distancing events are taking place cutting down the strength from 1000 or 100 to few in number	organisers , event managers and event conducting companies
5SHORTAGE OF DAILY NECESSITIES	MODERATE	DUE TOO LESS AVAILABILITY of necessities some are starving for food and some are unable to get medicines of their medical issues.	government bodies with the help of manufacturer and participants trying the best to make the situation of demand meet with supply.	effected parties are participants mainly
6.UNEMPLOYMENT	HIGH	due to pandemic, there is insufficient capital therfore many persons status moved to jobless.	giving work from home and also the poor are given moeny directly in their accounts as relief fund	affected are the workforce, labour class and the participants.
7.FUTURE UNCERTAINITY	HIGH	due to pandemic , whole economy is disordered and cannot be defined when to get back at its normal pace.	trying to inject money in the market to push the economy and also many changes in monetory and fiscal policy is being made to balance a bit.	affected are manufactures, organisers, suppliers and even the participants
8.DECREASE IN REAL GDP	HIGH	due to overall decement in jobs, social welfare, per capita income GDP is reducing	by different relief packages by government and different investment in every sectors are implemented	affected are whole citizens of country