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Risk Management in Olympic Games Assignment

   

Added on  2021-01-22

28 Pages9135 Words101 Views
RISK MANAGEMENT IN MEGA EVENTSSUCH AS OLYMPIC GAMES

TABLE OF CONTENTSCHAPTER 1: INTRODUCTION....................................................................................................11.1 Background of topic.........................................................................................................11.2 Statement of problem.......................................................................................................11.3 Research aim and objectives............................................................................................21.3.1 Aim ......................................................................................................................21.3.2 Objectives.............................................................................................................21.4 Research questions...........................................................................................................21.5 Significance of research...................................................................................................21.6 Organisation of research chapter......................................................................................3CHAPTER 2: LITERATURE REVIEW ........................................................................................42.1 Introduction......................................................................................................................42.2 Possible risks associated with Olympic Games................................................................42.3 Plans and strategies of management for mitigating risks associated with Olympic Games.62.4 Essential features of risk identification and management during Olympic Games..........7CHAPTER 3: RESEARCH METHODOLOGY ..........................................................................113.1 Introduction....................................................................................................................113.2 Research Type ...............................................................................................................113.3 Research approach..........................................................................................................113.4 Research philosophy.......................................................................................................123.5 Research Design.............................................................................................................133.6 Data collection................................................................................................................133.7 Data analysis...................................................................................................................143.8 Sampling.........................................................................................................................143.9 Validity and reliability....................................................................................................14CHAPTER 4: DATA ANALYSIS ...............................................................................................164.1 Introduction....................................................................................................................164.2 Risk identification at Olympic Games...........................................................................164.3 Risk management plan to coordinate mitigation and management for identified risk...174.4 Essential features of risk identification at Olympic Games...........................................19CHAPTER 5: CONCLUSION and RECOMMENDATION .......................................................21

Recommendations................................................................................................................21REFERENCES..............................................................................................................................23

CHAPTER 1: INTRODUCTION1.1 Background of topicRisk is that situation which occurred during any event of life that is mainly exposed todanger, loss or harm to someone or something. This something which is valuable like that offinancial wealth, emotional well being and social status or physical health as well and occurredafter loss of these things. The risk results from foreseen or unforeseen, intentional orunintentional, planned or not planned and actioned or inaction events which needed to beidentified, mitigated or managed (Scott, Rutty and Fang, 2018). As in simple words, risk meansthat any event or action is either planned or unintentional and causing harm to person, place oranything. Risk is involved in any event either that is linked with human or not like in business,planning any future events, health and even in mega events like that of Olympic Games or FIFAWorld Cup etc.Olympic Games are one of the leading international athletic and sports events that arehaving both winter and summer sports competitions having sportsperson from around the worldwithin variety of activities. There are numbers of nations participating in these Games, that isabout 200 countries and are been conducted every 4 years in winter and summer season. These games are inspired by an event that took place in Olympia, Greece in 8th CenturyBC to 4th century AD. Then the official Olympic Games were held in 1896 in Athens, Greeceafter formation of International Olympic Committee (IOC) (DICkSON, EDwARDS andTERwIEL, 2015). Then after this, in 21st century, there were many modifications in it likeintroduction for Paralympic games for physically disabled and Young Olympic Games forchildren aged from 14-18. So these games are also having adverse exposure to various types ofrisk that will be discussed in this particular dissertation.The report is based on analysing various ways and procedures of risk management inmega events like Olympic Games and also discussing its features of risk identification andmitigation process.1.2 Statement of problemRisk is an event that could be caused at any point of time and due to any other activityleading loss of property or health of person. There are many types of risk that are associated withholding on Olympic events which is an international sports games. So it is required that these1

risks are mitigated in effective and efficient manner so that probability of occurrence of anyevent is lowered.1.3 Research aim and objectives1.3.1 AimTo analyse the ways and procedures of risk management in mega events: A case study onOlympic Games1.3.2 ObjectivesTo determine possible risks associated with Olympic GamesTo evaluate plans and strategies of management for mitigating risks associated withOlympics. To identify essential features of risk identification and management during Olympics. 1.4 Research questionsWhat are the risks that have been recognized for Olympic Games?How does risk management plan to coordinate for the mitigation and management of theanticipated risks?What are the essential features of risk identification and management during OlympicGames?1.5 Significance of researchThis particular research will be important for the security management of OlympicGames so that they could be analysing what are the risks associated and how could they decreaseimpact of these risks. This dissertation will be significant to those who are working in theseGames or exposed to higher level of risk from others like athletes or management as well (Petersand Schnitzer, 2015). The research is also helpful for students who are pursuing their higherdegree of education in this relevant field of risk management. Other than this, it will be importantfor those who are professional in this risk assessment and management field as well.1.6 Organisation of research chapterChapter 1: Introduction- This chapter is the starting part of any dissertation which describesthe whole project including rationale, significance, background of topic and aim and objectivesof research as well.2

Chapter 2: Literature review- Under this section, various elements and components of thisundertaken research will be written in both negative and positive aspects (Sykes, 2016). Therewill be many authors or writers who have written their books or journals based on similar topicsof risk management.Chapter 3: Research methodology- There are many types of methods, tools and techniques thatare used or analysed by various researchers like sampling technique, data collection, dataanalysis and research strategies.Chapter 4: Data analysis- This part is one of the most essential ones which include analysis ofcollected data that what is concluded or gained by the information.Chapter 5: Conclusion and recommendation- This sums up the entire dissertation intomeaningful and correct conclusion to be drawn and including various recommendations for nextresearch to be conducted.3

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