Risk Management of London 2012 Olympics

4005 words 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,
…show more content…
(Goodin, 2008)

2.1 NODALITY

Nodality comes from the word nodal or nodes meaning a central point for other activities. This kind of module, strikes right in the centre of managing risks and this is how London 2012 Olympic Games were managed. How?

When thinking about managing risks, the first issue that is imperative is-information. The host of London 2012 summer Olympics Games were held at a time of digital age thus putting the government as a host nation to a relatively strategic position to disperse information to its stakeholders.
Information is a service in itself transmitted in different formats like internet, radio, television or the press and this is the medium that was used to share information thus mitigate risks. Managing information flow is a key aspect in this information age to which the government made full use of it to share with security agencies and other stakeholders.

This could be in relation on how to mitigate threats coming from external or internal terrorists who are planning to cause havoc for personal aspiration. The Police, MI5 or MI6 are departments of the government therefore, any intelligent information shared among security agencies depends on the nature of information and the government is central to this flow of information.

The government is central to appointing the Olympic organising committee members and this goes on to emphasis the role of this nodality module.

Furthermore, under this

Related

  • Risk Management Questions
    1210 words | 5 pages
  • Exploring Structural Change in Uk Economy and Labour Market Inequality in London
    6184 words | 25 pages
  • Risk Management Case Study Boeing Dreamliner
    1417 words | 6 pages
  • RISK MANAGEMENT
    1324 words | 6 pages
  • Does Holding the Olympic Games Have Benefits for the Host Country?
    1548 words | 7 pages
  • Information Systems Risk Management
    1114 words | 5 pages
  • National Infrastructure Protection Plan and Risk Management Framework
    937 words | 4 pages
  • Strategic Risk Management for Llyods Pharmacy
    3026 words | 13 pages
  • Chapter 4 Risk Management
    1329 words | 6 pages
  • Risk Management in Obstetrics
    2075 words | 9 pages