Risk Management in FIFA World Cup 2018

This report deals with the risks analysis of the FIFA world cup 2018. A list of risk will be discussed below in the report. Risks and threats might be identified in the report that will help in maintaining a proper risk analysis report on the identified risks.

Running head: RISK MANAGEMENT IN PROJECT MANAGEMENT
Risk management in project management
Name of the Student
Name of the University
Author’s Note

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RISK MANAGEMENT IN PROJECT MANAGEMENT
Table of Contents
Background......................................................................................................................................3
Executive summary.........................................................................................................................3
Recommendations............................................................................................................................4
Risk Appetite and Tolerance of the organization............................................................................6
Risk Breakdown Structure...............................................................................................................7
Risk Severity Matrix........................................................................................................................8
References......................................................................................................................................12
Risk Register..................................................................................................................................14

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RISK MANAGEMENT IN PROJECT MANAGEMENT
Background
Sports have been the most important entertainment appetite for the human being.
Various games are being played all over the world including football. Football has been one of
the most played games all over the world. FIFA has been taking responsibilities of all the
football games played all over the world. In recent, FIFA World Cup 2018 will be hosted by
Russia. It has been the biggest single sport event in the world. The football world cup has been
organized after every four years gap. The planning if the event has been initiated from many
years. Therefore, there have been several risks included with the event. The sustainable strategy
has been implemented in the event. The stadium and their parking lot has been properly
prepared for minimizing the complexity of the event. This report discusses about the list of risks
involved in the project of FIFA World Cup 2018. A proper risk assessment policy has been
implemented in the project for maintaining risks included in the project.
Executive summary
This report deals with the risks analysis of the FIFA world cup 2018. This event will be a
big ceremony in the football world. Therefore, there will be a huge risk to the footballers and
travelers in the country. A list of risk will be discussed below in the report. Risks and threats
might be identified in the report that will help in maintaining a proper risk analysis report on the
identified risks. The use of the risks assessment table might help in maintaining a proper
approach to the risk management (McNeil, Frey & Embrechts, 2015). Various researchers have
been analyzing risks in this event. This report will provide an outlook of the risks assessment
process for the event. The scope of the research is to manage risks availing in the FIFA World
Cup 2018. A proper risk breakdown structure will be provided in the report that will help in

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analyzing various departments of risks involved in the event. A proper risk severity matrix has
been prepared in the report that helps in measuring the severity of the risks. The use of risk
management plan might help in calculating a proper impact of risks in the vent. The risk impacts
implied in the event might help in improvising the risk assessment plan.
Recommendations
For the 2018 FIFA World Cup in Russia, FIFA and the LOC have built up a Decent
Work Monitoring Framework, which was propelled in 2016. On a quarterly premise, an
observing group visits every stadium under development and remodel for two days. This group
of specialists surveys all important documentation, assesses the development site, and meetings
development laborers, as indicated by a technique particularly created for FIFA World Cup
stadiums in Russia. After each visit, the general contractual worker for the stadium takes an
interest in a question with the screens, and gets a composed report with points of interest about
any incompliances found and a rundown of activities to be taken before the following
investigation.
The checking philosophy was created with the contribution of the International Labor
Organization (ILO) Office for Eastern Europe and Central Asia, Building and Carpenters'
International (BWI) and the Russian Exchange Union of Construction Workers (RBWU). The
framework is executed by the Kolinsky Institute of Labor Protection and Working Conditions, an
free master organization. Besides, FIFA and the LOC team up intimately with the worldwide and
national exchange associations BWI and RBWU that routinely partake in our assessment visits.
FIFA has a zero-resilience way to deal with separation, however, has as of late taken incredible
walks forward in its battle against this issue (Glendon, Clarke & McKenna, 2016). In 2015, FIFA
put another framework set up to screen each of the 871 FIFA World Cup qualifiers and a chose

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number of friendlies for demonstrations of separation ("FIFA Anti-Discrimination Checking
System"). These exercises are being composed by FIFA in a joint effort with the Fare arrange, an
association with a long reputation of battling separation in football. Match spectators are sent to
supplement the work of officials and FIFA coordinate magistrates at chosen matches with a
higher danger of prejudicial occurrences. Their perceptions at that point encourage the
examinations of FIFA's disciplinary bodies through the arrangement of confirmation. Besides,
FIFA distributed a Good Practice Guide on Diversity and Anti-Discrimination to help all of its
part affiliations.
In 2016, FIFA presented the yearly FIFA Diversity Award to feature the endeavors of
associations, gatherings or people that are going to bat for decent variety and move solidarity,
solidarity also, equity in football. At the FIFA Confederations Cup 2017 in Russia, FIFA will
actualize its checking framework at all 16 matches (Chance & Brooks, 2015). Moreover, FIFA
will praise decent variety in football with an uncommon pre-coordinate convention at the
elimination rounds in Kazan on 28 June and in Sochi on 29 June, the FIFA Anti-Discrimination
Days. As per FIFA World Cup stadium necessities, all official stadiums need to get green-
building confirmation for outline and development (Hopkin, 2017). In 2015, FIFA and the LOC
explored and affirmed another green standard for the confirmation of football stadiums in Russia
which was made with the help of the Russian Ministry of Natural Resources and Condition. In
April 2016, the new Russian confirmation "RUSO. The Football Stadiums" was exhibited to
agents of the host urban communities, stadium administrators, temporary workers and outline
offices at the second yearly workshop on more feasible stadiums composed by FIFA and the
LOC. Making a national standard custom fitted to nearby Russian needs was a major advance
forward in the current enactment, ensuring the nation's development industry stays aware of

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worldwide green-building principles and lawful structures (Lam, 2014). The new standard
considers FIFA World Container necessities, universal norms, Russian enactment and
development controls. It incorporates prerequisites for engineering, development, building and
site designs and additionally details on Russian ecological standards, vitality productivity and
ecological similarity of the settings.
Risk Appetite and Tolerance of the organization
Risk appetite is the aggregate uncovered sum that an association wishes to embrace based
on chance return exchange offs for at least one wanted and expected results. Thusly, Risk
appetite is inseparably connected with and may differ as indicated by expected returns (Wynne,
2016). Risk appetite proclamations might be communicated subjectively as well as quantitatively
furthermore, made do concerning either a distributed individual activity and additionally in the
total (Pritchard & PMP, 2014). Consider chance hunger as the sum that an association effectively
wanders in quest for rewards too known as its objectives and goals. Risk resilience is the
measure of vulnerability an association is readied to acknowledge altogether or all the more
barely inside a specific business unit, a specific Risk class or for a particular activity (Bromiley
et al. 2015).
Communicated in quantitative terms that can be observed, Risk resilience regularly is
conveyed regarding worthy or inadmissible results or then again as constrained levels of Risk.
Risk resistance proclamations recognize the particular least and greatest levels past which the
association is unwilling to lose (Cole Giné & Vickery, 2017). The scope of deviation inside the
communicated limits would be endurable. In any case, surpassing the association's built up Risk
resilience level not exclusively may jeopardize its in general technique and destinations, in the

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total doing as such may debilitate it’s exceptionally survival (Agca et al., 2016). This can be
because of the outcomes as far as cost, disturbance to destinations or in notoriety affect. Risk
appetite and resistance are for the most part set by the board and additionally official
administration and are connected with the organization's system. They catch the hierarchical
reasoning wanted by the board for overseeing and going for broke, encourage outline and
characterize the association's expected Risk culture and guide general asset designation. Risk
culture comprises of the standards and customs of conduct of people furthermore, of gatherings
inside an association that decide the way in which they distinguish, comprehend, talk about and
follow up on the Risk the association stands up to and takes.
Risk Breakdown Structure
The Risk Breakdown Structure (RBS) is a various leveled portrayal of dangers as
indicated by their hazard classifications. To make a RBS , for each hazard go out on a limb
classification and efficiently penetrate down to progressively more exact hazard classes until the
point when every one of the classifications have been depleted (Brindley, 2017).
Utilizing the RBS case underneath, make a RBS particular to your task (Sadgrove, 2016).
The RBS will be utilized as a beginning stage to help the undertaking supervisor and partners to
distinguish dangers amid the hazard recognizable proof process according to each hazard class.
On the other hand, a group can begin by recognizing dangers and after that mapping them back
to the most minimal level hazard classification to see where there are holes in their hazard
distinguishing proof (Olson & Wu, 2017). The hazard classes will help the undertaking director
and partners to consider all the potential wellsprings of hazard and direct them to the regions
where chance recognizable proof holes should be tended to.

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Figure 1: Risk Assessment framework
Risk Severity Matrix
Level Rating Description
1 Insignificant No injuries, low financial
loss, no real effect on

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operations
2 Minor First-aid treatment, medium
financial loss, minimal effect
on operations
3 Moderate Medical treatment required,
high financial loss, significant
effect
on operations.
4 Major Extensive injuries, loss of
production capability, major
financial loss,
major effect on operations
5 Catastrophic Death, huge financial loss,
catastrophic effect on
operations.
Likelihood Consequences
Insignificant
1
Minor 2 Moderate 3 Major 4 Catastrophic
5
A (Rare) L L M H H
B (Unlikely) L L M H E

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C
(Moderate)
L M H E E
D (Likely) M H H E E
E (Almost
Certain)
H H E E E
LEGEND:
E = Extreme risk; immediate action required.
H = High risk; senior management attention needed.
M = Moderate risk; management responsibility must be specified.
L = Low risk; manage by routine procedures

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References
Agca, R., Heslinga, S. C., Rollefstad, S., Heslinga, M., McInnes, I. B., Peters, M. J. L., ... &
Primdahl, J. (2016). EULAR recommendations for cardiovascular disease risk
management in patients with rheumatoid arthritis and other forms of inflammatory joint
disorders: 2015/2016 update. Annals of the rheumatic diseases, annrheumdis-2016.
Brindley, C. (Ed.). (2017). Supply chain risk. Taylor & Francis.
Bromiley, P., McShane, M., Nair, A., & Rustambekov, E. (2015). Enterprise risk management:
Review, critique, and research directions. Long range planning, 48(4), 265-276.
Chance, D. M., & Brooks, R. (2015). Introduction to derivatives and risk management. Cengage
Learning.
Cole, S., Giné, X., & Vickery, J. (2017). How does risk management influence production
decisions? Evidence from a field experiment. The Review of Financial Studies, 30(6),
1935-1970.
Giannakis, M., & Papadopoulos, T. (2016). Supply chain sustainability: A risk management
approach. International Journal of Production Economics, 171, 455-470.
Glendon, A. I., Clarke, S., & McKenna, E. (2016). Human safety and risk management. Crc
Press.
Hinkel, J., Jaeger, C., Nicholls, R. J., Lowe, J., Renn, O., & Peijun, S. (2015). Sea-level rise
scenarios and coastal risk management. Nature Climate Change, 5(3), 188.
Hopkin, P. (2017). Fundamentals of risk management: understanding, evaluating and
implementing effective risk management. Kogan Page Publishers.

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RISK MANAGEMENT IN PROJECT MANAGEMENT
Koks, E. E., Jongman, B., Husby, T. G., & Botzen, W. J. (2015). Combining hazard, exposure
and social vulnerability to provide lessons for flood risk management. environmental
science & policy, 47, 42-52.
Lam, J. (2014). Enterprise risk management: from incentives to controls. John Wiley & Sons.
Matyas, D., & Pelling, M. (2015). Positioning resilience for 2015: the role of resistance,
incremental adjustment and transformation in disaster risk management
policy. Disasters, 39(s1).
McNeil, A. J., Frey, R., & Embrechts, P. (2015). Quantitative risk management.
McNeil, A. J., Frey, R., & Embrechts, P. (2015). Quantitative risk management: Concepts,
techniques and tools. Princeton university press.
Olson, D. L., & Wu, D. D. (2017). Data Mining Models and Enterprise Risk Management.
In Enterprise Risk Management Models (pp. 119-132). Springer, Berlin, Heidelberg.
Pritchard, C. L., & PMP, P. R. (2014). Risk management: concepts and guidance. CRC Press.
Rampini, A. A., Sufi, A., & Viswanathan, S. (2014). Dynamic risk management. Journal of
Financial Economics, 111(2), 271-296. Rampini, A. A., Sufi, A., & Viswanathan, S.
(2014). Dynamic risk management. Journal of Financial Economics, 111(2), 271-296.
Sadgrove, K. (2016). The complete guide to business risk management. Routledge.
Wynne, B. (2016). Misunderstood misunderstanding: Social identities and public uptake of
science. Public understanding of science.

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Risk Risk description Risk category Phase at which
risk may occur
Risk type Risk assessment
1. Player injury Colin W Fuller (2012) trusts that
football and high force practices
have long-run medical advantages
yet anyway there's also a hazard
that players can support wounds
or sickness and these ought to be
adjusted against the points of
interest. Martin Hägglund (2013)
trusts that player wounds affect
execution of the football group
amid the competition. He advance
accentuations on the significance
of damage obstruction to expand a
group's conceivable outcomes of
progress. Most basic wounds that
may happen are sprains, strains to
lower legs and knees. Jan
Ekstrand (1983)
Health Before and
during the
tournament
Negative Research paper by Astrid Junge
(2002) demonstrates that 171 player
wounds were accounted for from
the 64 matches, which is
proportionate to 2.7 wounds for
every match. The creator likewise
weights on the way that around two
wounds for each match played
brought about nonappearance the
match. This demonstrates the
likelihood of harms event is high
and the result on the group can go
from minor to extreme contingent
upon the sort of damage and the
level of reliance of the player
influenced.
2. Poor nutrition Mut sumiOn. (2012) claims that It
is primordial to have a sufficient
eating routine for the ideal
execution of expert football
players.Susan Heaney, Helen
O'Connor, Geraldine Naughton
(2008) propose that there is a
hazard that particular dietary
arrangements made by mentors
are not regarded amid the periods
of the competition. They likewise
found that absence of assurance,
money related impediments,
society pressure and night life
distractions are the most common
barriers to a healty diet.
Health R.J.Maughan
(2002) A sound
nutrition at all
levels and
phases of the
game is
fundamental for
optimal
performance of
the team.
Negative As indicated by Fifa, no instances of
uncalled for player eating routine
were accounted for in the past world
container. The likelihood of event is
generally low however could hugy
affect execution of the group as
R.J.Maughan (2002) calls attention
to the immediate connection
between supplements consumption
and ideal execution.
3. Accidents Over the current years we have
seen some amazing football group
Security/Health Murphy, G
(1997) state in
Negative From 2001 to 2016, the games
group saw a sum of 7 plane

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mischances which shook the
whole football group. Murphy, G
(1997) trusts that the sorts of
mischances that may disturb the
ordinary continuing of the gam
can be ordered into transport,
auto, and prepare and plane crash.
He additionally distinguished
climate, framework
disappointment, human mistakes,
and over-burdening as the most
widely recognized factors behind
these mishaps.
his article that
fooball clubs
must invest in
modern, reliable
and safe
transportation
to ensure safety
and health of
professional
players at all
phase of the
tournament.
accidents and 104 setbacks. This
generally equivalents to 0.44 plane
crash for each year and considering
the measure of football group flights
every year, this likelihood of event
is low. Master Murphy, G (1997)
trusts that the high measure of time
the groups spend to go makes them
powerless against comparative
mishaps. As indicated by the
Telegraph, On 28th November 2016
for example, the Chapecoense
football club slammed at Medellin
slaughtering 71 on board travelers.
The creators trusts that this crash
impactsly affected the club.
4. Racism and
discrimination
As indicated by Geoff Pearson
(2012) football supporters have a
place with numerous distinctive
gatherings and societies who have
little in like manner other Than
the football group they bolster.
(AGARI 1996) recommend that
these distinctions might be a
conceivable hazard for players to
bring about mishandle and racial
serenades.
Image Exchange of
abuse to
denigrate the
opponents are
observed
mainly during
and after
matches. Geoff
Pearson (2012)
Negative Reports in the 1990s shows
obviously the developing
significance of handling prejudice
inside football group and this has
been generally recognized by other
real partners. (J. Laurel and M.
Rowe 1999). Moreover Kick it 0ut
(1998) weights on the way that
Terrorizing and racial mishandle are
as yet thought to be not kidding
issues. As indicated by The
Guardian, a few instances of racial
talks were accounted for in world
glass 2014. One of which is
supremacist droning at the Russia
and Croatia match.
5. Doping Current pharmaceutical
innovations and the simplicity of
securing execution upgrading
Image Experts
observed that
doping risk is
Negative Alluding to the FIFA database for as
far back as 11 years, we saw an
occurrence of positive instances of

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substances may present a danger
of doping (Anna Baylis and David
Cameron-Smith) amid the
competition.
higher days
before a match
in which the
outcome is
decisive.
0.12%, with around 0.42% out of
2004 and 0.37% of every 2005.
Specialists for the sake of Dvorak J,
Graf-Baumann T, D'Hooghe M calls
attention to the low rate of the
genuine execution upgrading
medications, for example, anabolic
steroids and stimulants. The BBC
sports reports that Manchester
joined player Rio Ferdinand,
discovered blameworthy doping,
has been charged by the FA. This
had extreme repercussions on the
picture of the club.
6. Extreme
weather
The World glass reunites all the
best football groups the world
over. Groups originate from
nations of disparate climate
conditions. The host of world
container 2014 is Russia, which is
outstanding for its outrageous
climate conditions and inevitably
there is a hazard that this
influences the execution of groups
and hazard for wounds.
Performance/security During training
and matches
Negative Concentrates by Nicholas
Watanabe,Grace Yan (2016)
demonstrates that the warmth record
which is blends temperature and
mugginess diminishes running
execution in a noteworthy way
while a reasonable climate is
emphatically connected with
remove secured at high power. They
finish up demonstrate that a mix of
wind and warmth could influence
the execution of groups. Finnoff
additionally recommend that colder
climate harden muscles that aren't
working proficiently, along these
lines making wounds.
7. Termination
of
sponsorship
contract
There is a potential hazard that the
club endures a setback because of
poor media and fans
administration amid disputable
lines. Negative adverts for the
group could drive supporters to
survey their agreement or even
under the least favorable
Financial During all
phase of the
competition.
Negative Albeit no instance of sponsorship
end has been recorded amid the past
world container, the hazard is
existent. Alluding from CNN sports,
British group West Brom lost its
principle supports over a dubious
line in which the Frenchman
Nicolas Anelka made a "quenelle"

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conditions case finishing the
assention.
signal in December.
8. Suspension of
a player
The part of the expert football
officials is a long way from
negligible, any terrible choice
may have noteworthy
ramifications on the result of the
diversion. (Carlo Castagn,Grat
AbtStefano, D'Ottavio 2007). The
danger of losing a player is
inescapable in the sport of
football.
Performance Both on field
and off field
behavior might
be investigated.
Negative Information recovered on the FIfa
database demonstrates that the
aggregate number of yellow cards
was 187 and the normal yellow
cards per coordinate was around
2.92. Add up to number of player
suspended was 10 and the normal
red cards issued per coordinate was
about 0.16. In spite of low level of
event, the effects on groups can be
serious.
9. Wrong choice
of strategies
and tactics
In the present quickly changing
football world, an administrator
should be in accordance with the
new administrative advances to
adjust to current football style.
There is a hazard that the wrong
systems and strategies are utilized
by the director amid the
competition.
Performance During all
phase of the
competition.
Negative As per BBC sports news channel,
England's previous chief Roy
Hodgson's strategies were
vigorously reprimanded for
England's initial disposal in World
glass 2014. The wrong strategies
utilized demonstrated to have an
overwhelming effect.
10. Lack of fans
support
Supporters are the foundation of
the club who have a dynamic part
in spurring the players and trigger
the best out of them. Geoff
Pearson (2012). There is a hazard
that supporters don't appear in
numbers for the matches.
Performance During games
and on social
media
Negative Alluding to figures on Fifa.com, we
watched that 2.3 million tickets for
the 2014 Fifa World Cup and 2.0
million tickets for world glass 2010
were apportioned to football fans,
speaking to an ascent of 300,000
tickets.
Regardless of the generally safe of
forbearance, it could have ensuing
effect on the group.

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11. Terror attacks (Giulianotti, Richard) Due to the
expanding number of football
supporters around the globe, there
is a hazard that psychological
militant target football stadiums to
complete their exercises.
Security During games Negative Because of fortified security amid
the recreations, the probability of
such assaults are uncommon
however should be cooked for since
the effects can be destroying for the
football group.
12. Break down
of facilities
Since football groups spend an
extraordinary extent of their time
traveling there is a hazard that the
private plane or transport of the
football groups separates.
Financial During all
phase of the
competition.
Negative From the Fifa database, no instance
of offices (with respect to
transportation) were recorded for
the past world container held in
South Africa. In any case, all things
considered. Break downs could
cause time delays, plan change and
extra costs for the groups.
Risk Register