BizSugar.com › Management › Asset Management Challenges For Sochi Olympics

The 2014 Winter Olympics, hosted in Sochi, Russia, will involve fifteen events over the course of 17 days. Hosting the 22nd Winter Olympics is no simple task: throughout this time there will be a tremendous volume of construction, utility routing, infrastructure maintenance, and asset management challenges to be handled. With waste and corruption in Russia being a significant threat, and the Sochi, Russia project itself costing the country $51 billion, proper asset management becomes an essential component to the process. The 2014 Winter Olympics will be the most expensive Olympic event to date and is estimated to have over 80 nations in attendance.