Risk management in the organization of physical culture and sports

Abstract

Relevance. The article is devoted to financial and economic risks in the field of physical culture and sports. Financial and economic risks in the FKiS organization were identified, their significance was determined. Conclusions are drawn as risks affect the effectiveness of the training process.

Purpose. Increasing the training effect by means of optimizing the organization's activities, taking into account risks.

Methods and organization of research. The risks inherent in the organization of FC and C. The presented algorithm for performing the analysis is universal, but each of the stages has different features depending on the scope of the research.

The results of the research. During the research work, 24 financial and economic risks were identified. Experts have developed a gradation of financial and economic risks of a physical culture and sports organization that characterizes the probability and severity of consequences from the onset of a particular financial and economic risk in the organization's activities.

Conclusions. The system of financial and economic risk management developed by us in a physical culture and sports organization will reduce the likelihood of risks and minimize the consequences of such risks as the risk of bankruptcy, liquidity and the risk of financial losses and lost profits.