London 2012 Olympics and Risk Management

1013 Words3 Pages
bulb-icon

Recommended: Security risk and olympics

Comparisons

As stated before, the Olympic Games have become a mega event in size and complexity compared to what it was in its beginning during Athens 1896 Olympics, when only 241 amateur athletes competed in mini sports. Therefore, the number of risks that can take place during the even has increased significantly including aspects such as infrastructure, finance, operations, security and including natural hazards as well as manmade hazards.
The London Olympics 2012 (OSSSRA) has considerate different types of manmade hazard such attacks on crowded places, attacks to the transport system and other terrorists attacks that may occur during the event. As London has experience different terrorist attacks in the past such as the bombings in the 7th of July 2005 in which terrorists had targeted civilians; terrorists killed 52 people leaving other 700 with several injuries during an attack to the public transport system (BBC News, 2006). Also trying to avoid another terrorist attack such as the Munich massacre in 1972 that occurred during the Summer Olympics of the same year. During this attack 11 members of the Israeli Olympics team were killed by terrorist demanding the r4eealise of 234 prisoners being held in Israel as well as two founder of the German Read Army Fraction (Rosenberg, 2014).
Another risk that mega events such as the Olympic Games can face is the risk of not being able to maintain financial controls such as going over what has being agree on the budget. For instance, during the Montreal Olympics 1976, organisers faced the issue of having to modify the velodrome as they discovered that they subsoil was weak and unstable; an aspect that was missed by geological studies done at the beginning. Certain aspects of the budge...

... middle of paper ...

... cost overrun for producing the Olympics Games has been more than 200% since 1976. British Politics and Policy Blog, pp.3-5.
Lock, D., 2007. Project Management. 9th ed. Hampshire: Gower Publishing Limited.
ODA, 2011. documents: pdfs. [Online] Available at: http://learninglegacy.independent.gov.uk/documents/pdfs/programme-organisation-and-project-management/112-managing-risk-popm.pdf [Accessed 4 April 2014].
OSSSRA, 2011. goverment: uploads. [Online] Home Office (2) Available at: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/97982/osssra-summary.pdf [Accessed 2 April 2014].
Project Management Institute, 2008. A Guide to the Project Management Body of Knowledge. 4th ed. Newton Square, Pa.
Rosenberg, J., 2014. About.com. [Online] Available at: http://history1900s.about.com/od/famouscrimesscandals/p/munichmassacre.htm [Accessed 4 April 2014].

Show More
Related

  • 1972 Munich Olympics: Identifying Racist Violence and Madness

    1782 Words  | 4 Pages

    The year is 1972 and people are ready for the summer Olympics. Unfortunately for the eager sports spectators the 1972 Munich Olympics have a much more tragic story line. People don’t talk about any records broken or international competitiveness, instead people remember the Munich Games because of the hostage situation. A Palestinian formed group called the Black September terrorist captured nine Israeli Olympic athletes. Jim McKay one of the Olympic sportscasters at the games says, “The Munich tragedy was the biggest event in my career and the most terrible.” Truly Munich’s is tarnishing the Olympic Games. Even today the impact and repercussions of the game can be felt not only with the heightened security protocol but a lasting social impact as well.

    Read More

  • Business Case Analysis

    2011 Words  | 5 Pages

    Kerzner, H. (2013). Project Management: A Systems Approach to Planning, Scheduling and Controlling. Hoboken, NJ: Wiley.

    Read More

  • Testing for Drugs In The Olympics

    1511 Words  | 4 Pages

    Considering the fact that the Olympics are the most tested sporting event in the world, the situa...

    Read More

  • Applied Research Technologies, Inc.: Global Innovation Challenge Case Study

    1119 Words  | 3 Pages

    Graham, R. J. & Randall, L., Creating an Environment for Successful Projects: The Quests to Manage Project Management, second ed. San Francisco: Jossey-Bass, 65-113, 2003.

    Read More

  • The Modern Olympics: The Traditions Of The Modern Games

    782 Words  | 2 Pages

    Modern Day Olympics are a huge tradition that sweeps the screens of televisions across the world. Competitors take the arena with uniforms that dawn their countries colors and designs that are meant to resemble their designated flag. For months the news is centered around the games; the preparation, the athletes, and of course the competition. Countries aren 't obsessed, they are inspired and full of pride seeing athletes from their country compete and show their incredible skill. This tradition dates back to ancient Greece where the games began. Tony Perrottet writes about the traditions of the ancient game in his book The Naked Olympics.

    Read More

  • Flayton Electronics Case Study

    929 Words  | 2 Pages

    Jugdev, K. (2012). Learning from Lessons Learned: Project Management Research Program. American Journal of Economics and Business Administration , 4(1), 13-22.

    Read More

  • The Pros and Cons of Hosting the Olympics

    1040 Words  | 3 Pages

    With over two hundred countries participating, the Olympic Games is easily considered as one of the largest multisport event known to history. The Olympics are held at a different country, and even more rarely at the same city. For a country to be chosen to host the Olympics, the country’s National Olympic Committee (the country’s representatives for the Olympics) nominates a city (from the country they represent) that they think has potential in hosting the Olympics nine years prior to when they wish to host the Olympics. It is a two year process that consists of: Application Phase, Candidate Phase and the Election of the Host City. The country that wins the election is given seven years to prepare for the Olympics. (International Olympic Committee, n.d., p. xx-xx) The hosting country expends billions of dollars, usually money they don’t have, preparing for the Olympics. Then the question is raised 'why would a country go through so much trouble and spend an outrageous amount of money to host this event?' Throughout this discussion paper it will address all the pros and cons for a country to host the Olympics. It will also see if a smaller sports event can produce the same benefits the Olympic offers with less cost and risk.

    Read More

  • Geopolitics In The Olympics

    1698 Words  | 4 Pages

    ...organized retaliation with Operation Wrath of God. This operation systematically killed the remaining members of Black September and since then Palestinians and Israelis were at each other’s throat to defend what they each thought was rightfully theirs. The athletes that were murdered could have lived completely different lives if they had not met death so suddenly. Their death was caused by a trickle effect from the Cold War, if the Balfour Declaration didn’t happen then Jews wouldn’t have a homeland, which would lessen the tension between Israelis and Palestinians, which ultimately would mean that Black September would have no need to take Israeli athlete hostages that fateful morning and these athletes could have lived through the Olympics and gone home safe to their families. In the end global tensions are to be blamed for the massacre that occurred in Munich.

    Read More

  • Project Charter

    890 Words  | 2 Pages

    Project Management Institute . (2008). A Guide to the Project Management body Of Knowledge. Newton Square, PA: Project Management Institute, Inc.

    Read More

  • The Sydney Opera House

    3125 Words  | 7 Pages

    Risk management is a major success key of project management in business world. With major budget overruns in parallel with significant delays, Sydney Opera House is a real example of poor risk management. Risk management requires effective planning, budgeting, and scheduling. First of all, the highest risks should be identified and evaluated in order to find methods to reduce their impact and exposure. Then, factors that cause risk should be addressed while factors that only correlate with the negative impact but do not affect it may be omitted. At this stage, interrelation between various risks should be accounted for to spot the core factors that should be treated in order to ensure effectively and stability of the project's functioning.

    Read More

  • The Custom Woodworking Company Case Study

    2594 Words  | 6 Pages

    PMBOK, (2013). A guide to the project management body of knowledge : (PMBOK guide). 5th ed. Newtown Square, PA: Project Management Institute, Inc..

    Read More

  • Essay About Hosting The Olympics

    1258 Words  | 3 Pages

    The Olympics is a mega sport event which is presented once every four years and it has become a golden opportunity for hosts to emerge as a strong country. Hosting the Olympics is a big thing for every country and they receive worldwide attention from the preparation period until the actual event. However, hosting the Olympics comes with heavy stakes and experts tend to argue about the appropriateness for the countries to host it. There may be people who oppose with hosting the Olympics, however, the country rebranding, the economy hike and also the pride and patriotism of citizens just demonstrate the need of hosting the Olympics for the development of the country.

    Read More

  • Olympics

    1820 Words  | 4 Pages

    It is evident that the Olympic Games are popular and have worldwide support, but one cannot ignore the lead up to the games in which host cities spend exorbitant amounts of tax dollars to revamp areas of the city that leads to many forced evictions. While some may acknowledge that some people are indeed displaced due to new construction, and there is a lot of money spent up front for the games, they may counter that the monetary and societal rewards reaped later will be huge. But, this paper will rebuke those claims by providing examples that exhibit that the oft asserted financial gains rarely come to fruition and that the societal impact is anything but rewarding. Lastly, even though any change is unlikely, two proposals, which could curtail some of the negative impacts brought on by the Olympic Games, will be offered, which are either create a permanent Olympic site, or hold the games less frequently, on a rotating basis,...

    Read More

  • Controversies Surrounding the Summer Olympics

    1129 Words  | 3 Pages

    The Summer Olympics are held in many different places around the world every four years. But many individuals think that the Summer Olympics

    Read More

  • What Is The Importance Of Project Management

    781 Words  | 2 Pages

    When planning a new project, how the project will be managed is one of the most important factors. The importance of a managers will determine the success of the project. The success of the project will be determined by how well it is managed. Project management is referred to as the discipline that entails the processes of carefully planning, organizing, controlling, and motivating the organization resources so as to foster and facilitate the achievement of specific established and desired goals and meet the specific criteria of success required in the organization (Larson, 2014). Over the course of this paper I will be discussing and analyzing the importance of project management.

    Read More

More about London 2012 Olympics and Risk Management

Open Document