Proceedings of the 2016 Global Conference on Business, Management and Entrepreneurship

Risk Management Design for Private, Small, and Medium Scale Musical Concerts

Authors
Harriman Samuel Saragih, Sukoyo Sukoyo, Evo Sampetua Hariandja
Corresponding Author
Harriman Samuel Saragih
Available Online August 2016.
DOI
10.2991/gcbme-16.2016.55How to use a DOI?
Keywords
music concert; risk management; AS/NZS 4360:2004; project management
Abstract

Risks are likely to become the factors that are lacking of attention in times of organizing events. According to the practical experiences and observations by the author in the field of private, small and medium musical shows and concerts, poor project planning coordination among the committee and lack of attention to possible risks are the factors that lead to bad impacts to the whole performance of the concert. The author sees that risk management framework enables the committee to gain the helicopter view of the overall planning in the event, from the initial to the post execution stage of a concert. The framework used in this study is risk management system based on AS/NZS 4360:2004 which provides comprehensive steps in determining and analyzing the possible risks in conducting a project. In this study, probability and severity of each possible risks using Delphi method to the experts of whom have the experience in the respective field of more than ten years. This risk management design is applied in the "Light up Our Children's Future" Charity Concert in Bandung on May 9th 2013. Upon the implementation in this concert, the committees were able to reach the success rate of 73%, higher level of success compared to the previous homogeneous concerts which only resulted in the success rate of 54%.

Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2016 Global Conference on Business, Management and Entrepreneurship
Series
Advances in Economics, Business and Management Research
Publication Date
August 2016
ISBN
10.2991/gcbme-16.2016.55
ISSN
2352-5428
DOI
10.2991/gcbme-16.2016.55How to use a DOI?
Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Harriman Samuel Saragih
AU  - Sukoyo Sukoyo
AU  - Evo Sampetua Hariandja
PY  - 2016/08
DA  - 2016/08
TI  - Risk Management Design for Private, Small, and Medium Scale Musical Concerts
BT  - Proceedings of the 2016 Global Conference on Business, Management and Entrepreneurship
PB  - Atlantis Press
SP  - 301
EP  - 308
SN  - 2352-5428
UR  - https://doi.org/10.2991/gcbme-16.2016.55
DO  - 10.2991/gcbme-16.2016.55
ID  - SamuelSaragih2016/08
ER  -