In: Economics
Was the rio olympics a failure or success? What makes an Olympic event successful and what practices are used? What would you differently about Rio and what kind of project management issues practices are used for these types of events .
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The Olympic Games Rio 2016 were a true success story. This was underlined by IOC Executive Board (EB) when facts and figures were presented. Rio 2016 were the most consumed Olympic Games in history. Here we take a close look at the facts behind the success of the Olympic Games Rio 2016.
The Olympic Games Rio 2016 were iconic in so many respects. Over the course of 16 glorious days, we witnessed new records, personal bests, great emotions and inspiring sportsmanship that only the magic of the Olympic Games can create. Off the field of play too, Rio 2016 was a great success. Rio 2016 set new records for global visibility and awareness, it also set new standards for legacy planning.
HIGHLIGHTS
How rio olympics differenlty from other olympics
VISIBILITY AND AWARENESS
THE OLYMPIC GAMES RIO 2016 WERE THE MOST CONSUMED OLYMPIC GAMES EVER, TAKING INTO CONSIDERATION BROADCAST COVERAGE VIEWED ON TELEVISION AND DIGITAL PLATFORMS, AS WELL AS ENGAGEMENT ON SOCIAL MEDIA. STUNNING BACKDROPS AND ICONIC VENUES ALSO HELPED CREATE UNFORGETTABLE MOMENTS.
Project Management Models
Project management can beneficiate from business models as the maturity models which provides an approach for continuous improvement and for developing prospective scenarios. First, in an increasingly competitive environment, it is necessary to ensure that the successful results of one project can be extended to future projects, not only supported on the procedures standards, but also on the leadership role and on the responsibilities of the project manager . Practices and techniques of project management are recognised by many organisations in various industries as being essential skills, which benefit businesses . These skills are measured through the use of benchmarking and comparative models.
The Sustainability Project Management
This Model includes the monitoring and reporting on the economic, environmental, and social performance of the preparation of the project. In the Olympic Games projects organizers and public bodies in charge of the Games become more responsible and accountable using this model. However, it must be acknowledged that fully integrated sustainability practices in the Olympic Games organisation are defined and implemented at the earliest stages of the event and will continue for many years. It is necessary a well-defined and broadly accepted sustainability performance indicators to analyse this model success.
organizers of major sports events and found that the most important factors in determining the success of such an event are the sponsors, sporting authorities and the media. In case of Athens Olympics for instance the sports facilities were planned to be ready at least 10 months before the scheduled games to enable the actual testing of all the facilities before the mega event . This is indicative of the high levels of facility management techniques being used by the organizers to minimize the risks of failure during the event.
Successful Projects are those that deliver the product or service specified within the scope, time, and budget and with qualities and this is precisely what is expected of the committees’ organizers of the 2016 Olympics. The professional project management is essential for doing the right thing (effectiveness) in the right way (efficiency) seeking the effectiveness by means of a strategic planning, i.e. by a process of mobilization to achieve success through a proactive behavior , considering the current environment and future aiming to:
• Produce all deliveries planned;
• Complete within the timeframe planned;
• Run within the approved budget;
• Deliver according to all functional specifications, performance and quality;
• Meet all of the goals, objectives and goals;
• Achieve all stakeholder expectations. In this context of project management of mega-events and for its success, it is therefore essential to define a model of project efficiency and sustainability for the success of the event, including also awareness for the future of the country.