Risk Assessment of 2018 Football World Cup: National Football Team

This report provides a comprehensive risk assessment for a national football team participating in the 2018 FIFA World Cup, addressing the assignment brief for MAN6301 Project Risk Management. It identifies potential risks and threats to footballers and travelers, implementing a risk assessment policy to maintain project stability. The report includes a risk breakdown structure analyzing various risk departments involved in the event and a risk severity matrix to measure the impact of these risks. Recommendations are provided based on FIFA's existing monitoring frameworks and anti-discrimination efforts. The report also discusses risk appetite and tolerance, highlighting the importance of green-building certifications for stadiums, ultimately aiming to ensure the safety and success of the national team's participation in the World Cup. Desklib offers similar solved assignments and resources for students.

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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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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Koks, E. E., Jongman, B., Husby, T. G., & Botzen, W. J. (2015). Combining hazard, exposure
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