Risk Assessment:**

Question

Risk Assessment:**
To evaluate each risk, we use a risk matrix which considers both likelihood and impact on a scale of 1 (low) to 5 (high).

| Risk Type | Risk Description | Likelihood (1-5) | Impact (1-5) | Risk Level (LxI) |
|--------------------|-----------------------------------|------------------|--------------|-------------------|
| Safety | Player injuries | 3 | 4 | 12 |
| Safety | Crowd control issues | 4 | 5 | 20 |
| Financial | Poor ticket sales | 3 | 4 | 12 |
| Financial | Operational costs | 2 | 4 | 8 |
| Legal | Non-compliance issues | 3 | 5 | 15 |
| Operational | Logistical challenges | 4 | 3 | 12 |
| Reputational | Negative media coverage | 3 | 4 | 12 |
provide another way so that it can be easier to put it in aword document

GPT-4o mini · Answer

Certainly! Here’s an alternative format for the risk assessment that is more suited for easy integration into a Word document. This layout presents the information in a bullet point format, making it clear and concise.

Risk Assessment

To evaluate each risk, we utilize a risk matrix that considers both likelihood and impact on a scale of 1 (low) to 5 (high).

Risk Type: Safety
- Risk Description: Player injuries
  - Likelihood: 3
  - Impact: 4
  - Risk Level (Likelihood x Impact): 12
- Risk Description: Crowd control issues
  - Likelihood: 4
  - Impact: 5
  - Risk Level (Likelihood x Impact): 20
Risk Type: Financial
- Risk Description: Poor ticket sales
  - Likelihood: 3
  - Impact: 4
  - Risk Level (Likelihood x Impact): 12
- Risk Description: Operational costs
  - Likelihood: 2
  - Impact: 4
  - Risk Level (Likelihood x Impact): 8
Risk Type: Legal
- Risk Description: Non-compliance issues
  - Likelihood: 3
  - Impact: 5
  - Risk Level (Likelihood x Impact): 15
Risk Type: Operational
- Risk Description: Logistical challenges
  - Likelihood: 4
  - Impact: 3
  - Risk Level (Likelihood x Impact): 12
Risk Type: Reputational
- Risk Description: Negative media coverage
  - Likelihood: 3
  - Impact: 4
  - Risk Level (Likelihood x Impact): 12

This format makes it easy for you to copy and paste into a Word document while maintaining clarity and organization. You can also easily adjust formatting such as font size and bullet styles to fit your document’s design.