Risk Management of London 2012 Olympics

4014 Words Dec 27th, 2014 17 Pages
1.0 INTRODUCTION

Olympics are mega-global event that attracts the attention worldwide with billions of audience watching on television, while millions flock to events as spectators. The media embraces the opportunity of covering every inch of the games. This kind of interest is what organisers face with no room for error in relation to external attacks or system failures of the event although risks are bound to occur to any project or program as in the case of Olympics. These risks may occur with a positive impact to the organisers though they dread to have negative risks, which causes ripple effect to the project. (Taylor, 2006)

Getting everything right from the opening ceremony to closing ceremony, games schedules against venues,
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As expected, experience is the best teacher to put things right the second time round. This applies to Olympic organisers who strive to avoid risks as early as possible and to assure athletes plus spectators and the public that steps have been taken to prevent risks. This can be in terms of tangible evidence and intangible evidence. (Jennings, 2012)
Tangible evidence may relate to issues like the construction of Olympic village where all athletes converge during the period of Olympic Games or the presence of security personnel to reassure the nation and the public as illustrated in the diagram below.

Figure 2: The Olympics soldiers. Source: AFP Photo/Leon Neal

Intangible evidence relates to laws as highlighted in the next pages or verbal correspondences through which organisers use to reassure the nation, spectators, athletes and the entire world by use of radio programmes, television programmes, newspapers etc.

2.0 LONDON 2012 –RISK MANAGEMENT

In late 2005, Olympic host city was internationally known to be London for 2012 Games. Unfortunately, it is the same period when terrorist activities wreaked havoc in London. (Nugent et al. 2011) Perhaps, this was a wakeup call for the government to revise and tighten on all issues that would lead to risk loophole.

The UK government developed a strategy in four modules to embrace and mitigate the risks associated with hosting mega events, Olympics in this
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