Project management Assignment Example | Topics and Well Written Essays - 4000 words

Project management - Assignment Example It was observed that at the late hours just before inauguration of the Games, the company declared that they could not provide the promised number of security personnel. This breach of contract penalised the company severely as it had to pay huge fine. However, the situation was controlled by government when they military force was arranged at the last moment for managing the situation. Thus, the project undertaken by G4S was a complete failure and it lead to collapse of the company image before the public and investors. G4S, the largest international security solutions group, aims at providing security solutions to the countries, where the risk of security and safety is a serious threat. The company has successfully provided security solutions to many countries. It is a British multinational security provider, which is headquartered in Crawley, United Kingdom. It is regarded as one of the largest security provider in world with respect to revenue and operations. The company operates in 150 countries and have numerous plans of expansion to untouched territories worldwide. The company has also been declared as the third largest employer globally. It employs around 620,000 employees across different countries. The company is registered under London Stock Exchange  and is a recognised element in FTSE 100 Index (BBC, 2012; Pattison, 2014). The company has successfully operated globally without any disturbance in operation. However in 2010, after the death of Jimmy Mubenga (a security person), the company started to encounter the gloomiest days in its operational history. Additionally, the company encountered severe blows in business operation when it was unable to provide security services to Olympic Games in 2012. The contract between Olympic Games Authority and G4S had failed to become effective and the latter had to pay a huge amount as penalty (Secretary of State for