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Risk Management
Definition
Risk Management is a systematic approach to preventing or reducing
exposure to losses. School boards, administrators, employees, and volunteers
are all responsible for risk management. School boards should consider
steps, such as the following, as effective ways to mitigate risk exposure:
- Identify hazardous situations and/or activities which may not be
appropriate as a school activity.
- Identify various risk management strategies to eliminate or reduce
the known hazards.
Reduce the Risk
Remove the known risk hazards for the activity by:
- Ensuring staff have the proper training and qualifications to
perform their duties;
- Adhering to any applicable safety standards or codes, such as OSHA,
Building Codes, Fire Codes, and other health and safety regulations;
- Ensuring the physical activity is organized and operated in compliance
with regulations set out by any athletic association or governing
body related to that sport or activity;
- Requiring groups or individuals who wish to organize and operate
extra-curricular activities privately to carry their own insurance
and to provide evidence of valid insurance coverage.
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