Chief Security Officer Memorandum

Learning Objective

Write a memorandum to a venue’s chief security officer to communicate a historical risk event that could occur at the venue and recommend measures to control and finance that risk.

 Assignment Description

This assignment aims to assess your understanding of risk assessment, risk controls, and risk financing (e.g., insurance). The chief security officer of a venue asks that you, a risk management analyst under his supervision, identify a past historical risk event at a venue that could occur at your venue and write a 1400-1700 word memorandum to the chief security officer describing the impact and likelihood of such a risk event occurring at your venue, recommending controls to mitigate that risk and financing mechanisms to transfer that risk, and steps to be taken to implement those controls and financing mechanisms. A template setting forth the format of the Chief Security Officer Memorandum is posted on Blackboard. This assignment is worth 150 points. This is an INDIVIDUAL exercise. Do not collaborate with others on this exercise. Your memorandum should reflect your own understanding of the materials the class has studied on risk management processes and venue safety and security. Please cite any references in footnotes and please use quotations if you are copying material directly.

Steps

1.      Select a venue (e.g., stadium, concert hall, arena, festival grounds, nightclub, park) at which you

are a risk management analyst reporting to the venue’s chief security officer.

2.      Identify a historical risk event at a venue that could occur at your venue.

3.      Research and gather data on this risk event and the impact and likelihood of this risk event occurring at your venue.

4.      Research and gather data on controls that could potentially mitigate this risk event.

5.      Research and gather data on financing mechanisms that could help transfer the venue’s

responsibility for such a risk event to another party.

6.      Identify the most relevant controls and financing mechanisms to be used as part of an implementation plan you recommend to the venue’s chief security officer.

7.      Using the Chief Security Officer Memorandum Template, develop the memorandum describing the historical risk event, the impact of this risk event occurring at your venue, the likelihood of this risk event occurring at your venue, the controls to mitigate this risk, the financing mechanisms to transfer this risk, and a plan to implement the controls and financing mechanisms.

8.      Include an introduction and conclusion in your memorandum.

9.      Use the Chief Security Officer Memorandum Rubric posted on Blackboard as a self-check before submitting your memorandum.

10.   Upload the memorandum using Turnitin to Blackboard by 12:00 pm Pacific on Monday, October 9.

Grading

The professor will use the Chief Security Officer Memorandum Rubric posted on Blackboard to grade your memorandum.

For every day that the memorandum is late, two points will be deducted from the earned points. So if the memorandum is submitted on October 11, four points will be deducted from the earned points.

Additional Notes

Citations. To receive credit for cites to sources required in the Chief Security Officer Memorandum Rubric, the student should use footnotes citing the sources. For footnote format, use the following format:

Author (Date). Title. Publication. Page numbers, if any. Internet address, if any.

Mims, C. (2018, August 31). The World Isn’t as Bad as Your Wired Brain Tells You. The Wall Street Journal. Retrieved from https://www.wsj.com/articles/the-world-isnt-as-bad-as-your-wired-brain-tells- you-1535713201.

Below is an example of a sentence with a footnote:

The chance of a shark attack is minimal.¹

Artificial Intelligence Usage. In accordance with the Artificial Intelligence (AI) Usage Policy set forth in the course syllabus, students must include a paragraph at the end of any assignment that uses AI explaining how (and why) students used AI and indicate/specify the prompts students used to obtain the results. Failure to do so is a violation of academic integrity policies.

1 Mims, C. (2018, August 31). The World Isn’t as Bad as Your Wired Brain Tells You. The Wall Street Journal. Retrieved from https://www.wsj.com/articles/the-world-isnt-as-bad-as-your-wired-brain-tells-you-1535713201.