Athens 2004 Olympic Games: Have we spend tooooooooo much? 500% over budget? Is this one of the reasons for Greece's default? Is anyone going to publish the full list with 2500 projects?

1. “The new
‘Greek Project Management’
Standard ELOT 1429:
Can it help?”
Theofanis Giotis, BA, MSc, PMP®,
President
TRN07
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2. Olympic Games: A Huge Program!
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3. Olympic Games 2004
• The most successfully Games ever!
• 2.500 individual projects under on
huge program
• Many projects funded by E.U.
• How is “success defined?”
• What about success rates?
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4. Olympic Games 2004
• QUIZ for You: How is success
defined for Olympic Games?
1. On budget?
2. On time?
3. On specs
4. On quality?
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5. The “Unpunished Corruption”,
Kathimerini newspaper, article by Nikos Nikolaou!
Project Initial Budget Final Cost Over Budget
Olympic Closed Gym 2.800.000 € ? ?
Panathenian Stadium 300.000 € ? ?
Olympic Stadium for water polo 3.500.000 € ? ?
Olympic Stadium in Thessaly 25.100.000 € ? ?
Stadium of Peace and friendship 3.000.000 € ? ?
Olympic center for Canoe and Kayak 8.500.000 € ? ?
Olympic center for Tennis 12.300.000 € ? ?
Olympic Gym of Nikea, Weight Lifting 12.000.000 € ? ?
Patra’s Olympic Stadium 1.100.000 € ? ?
Olympic Gymnasium at Galatsi 13.700.000 € ? ?
Olympic Shooting Center, Markopoulo 12.000.000 € ? ?
Olympic Center of Rowing, Sxinias 25.400.000 € ? ?
National Stadium of Crete 38.100.000 € ? ?
Olympic Kaftatzogleio Stadium, Salonica 1.100.000 € ? ?
House of Weight Lifting 32.300.000 € ? ?
Olympic Center for Sail boating 22.600.000 € ? ?
Olympic Center for Sail boating , Agios Kosmas 16.500.000 € ? ?
Olympic Baseball Center 18.700.000 € ? ?
Olympic Stadium 3.100.000 € ? ?
TOTALS 252.100.000 € ? ?
http://news.kathimerini.gr/4dcgi/_w_articles_columns_100089_03/03/2007_218079

6. The “Unpunished Corruption”,
Kathimerini newspaper, article by Nikos Nikolaou!
Project Initial Budget Final Cost Over Budget
Olympic Closed Gym 2.800.000 € 8.000.000 € 186%
Panathenian Stadium 300.000 € 11.500.000 € 3.733%
Olympic Stadium for water polo 3.500.000 € 22.500.000 € 543%
Olympic Stadium in Thessaly 25.100.000 € 51.400.000 € 105%
Stadium of Peace and friendship 3.000.000 € 29.700.000 € 890%
Olympic center for Canoe and Kayak 8.500.000 € 37.100.000 € 336%
Olympic center for Tennis 12.300.000 € 47.500.000 € 286%
Olympic Gym of Nikea, Weight Lifting 12.000.000 € 49.000.000 € 308%
Patra’s Olympic Stadium 1.100.000 € 45.200.000 € 4.009%
Olympic Gymnasium at Galatsi 13.700.000 € 60.500.000 € 342%
Olympic Shooting Center, Markopoulo 12.000.000 € 60.600.000 € 405%
Olympic Center of Rowing, Sxinias 25.400.000 € 76.300.000 € 200%
National Stadium of Crete 38.100.000 € 63.700.000 € 67%
Olympic Kaftatzogleio Stadium, Salonica 1.100.000 € 67.900.000 € 6.073%
House of Weight Lifting 32.300.000 € 80.800.000 € 150%
Olympic Center for Sail boating 22.600.000 € 110.400.000 € 388%
Olympic Center for Sail boating , Agios Kosmas 16.500.000 € 118.500.000 € 618%
Olympic Baseball Center 18.700.000 € 200.400.000 € 972%
Olympic Stadium 3.100.000 € 399.000.000 € 12.771%
TOTALS 252.100.000 € 1.540.000.000 € 511%
http://news.kathimerini.gr/4dcgi/_w_articles_columns_100089_03/03/2007_218079