Investigation of risk management and uncertainty in Athens 2004 Olympic Games: The Equestrian Centre case study

The dissertation has as a main objective to investigate the Risk management and uncertainty during the construction phase of the Athens 2004 Olympic Games. A review of previous Olympic Games is undertaken, but also projects that were of significant value to the world and especially Europe like the Channel Tunnel, the Millennium Dome and the Wembley stadium. This 'comparison' intends to investigate how risk appears in everyday megaprojects and how it can be managed or even avoided. The study concentrated on the Olympic Equestrian centre, but studies and comments on some other Olympic projects in Greece as well through the analysis. Interviews were a powerful tool of the analysis as important outcomes and thoughts came out of them. The dissertation concludes with comparison on risks and uncertainty in Olympic projects and all those learned from the literature review, so that the reader can have an idea how really matters are dealt with in the real construction world. London 2012 Olympic Games is on their way, so hopefully this dissertation will be useful to what English companies should be aware of during constructing the venues. Key Words: Risk Management, Uncertainty, Optimism Bias, Athens 2004 Olympic Games, Megaprojects