Risk Management

[Name of the institute]Risk Management

The importance of preparing report for the risk management is of utmost importance when it comes to the construction, infrastructure and transport in a mega event like Olympics. The risk management plan related to construction, infrastructure and transport should be a master piece that would not cause any delays and disruptions and must be able to maintain the floe of the event. Any possible risk related to construction and infrastructure can ruin the whole event. The following part presents the risk management aspects related to construction, transport and infrastructure.

Construction

Requirement of Time for Construction and Avoiding Delays

In the Athens Olympic 2004, it was noticed that last minute hassles occurred because of the construction delays. In order to combat this issue a strategy is designed to select a site that has already constructed sites. After extensive research, our team has identified sites with possibilities of sites having 60 to 75% infrastructure already present at those sites. This means that only 25% of the construction work would need to be done only. So, in this way we can minimize the time the team spends in construction (Perrow, 2008).

Dealing with Unexpected Environmental Impacts

Big events like Olympics require performing the process of construction to build large and gigantic infrastructure such as stadiums and athletic grounds. All of this construction and big projects pose the threat of substantial and worrisome increase in the waste and pollution. To deal with this risk we have partnered with best and biggest waste management organizations those are working locally. We prefer to hire local waste management organizations because they are the ones who understand their locality in the best possible way. Furthermore, we have also appointed world's best waste management organizations to provide consultation and training to the local management organization (Perrow, 2008). ...