This report provides a comprehensive analysis of the Sochi Winter Olympics 2014, examining the event's lifecycle from its formation to its staging. It delves into the bidding process, planning committee's responsibilities, infrastructure creation, and the selection of the mascot. The report explores the growth stage, including invitations, cultural celebrations, budgeting, sponsorships, and power and transport infrastructure. It also covers the marketing and advertising strategies, the staging of the event with the opening ceremony, torch relay, participating nations, sports played, and medal distribution. Furthermore, it analyzes production, broadcasting, and filming aspects, concluding with recommendations for future games, focusing on budgeting, venue usage, and city selection. The report highlights the controversies surrounding the event, particularly concerning the budget overruns and the selection of Sochi as the host city, offering a critical assessment of the event's successes and shortcomings.