In some implementations, a monitoring device associated with a lanyard device may detect that a portion of a strap of the lanyard device has extended from a strap core of the lanyard device. The monitoring device may generate a notification that the portion of the strap has extended from the strap core, wherein the lanyard device is configured to anchor the user to a support structure via the strap, and wherein a sensor within the monitoring device is configured to monitor a position of the strap relative to the strap core. The monitoring device may transmit, to a management device, the notification that the portion of the strap has extended from the strap core, wherein the notification includes an identifier associated with the lanyard device to alert the management device of a hazardous event involving the user.