The "Olympic Values Education Program" (OVEP) has been endorsed and promoted by the International Olympic Committee (IOC) for several years. It has also been discussed many years by international scholars and physical/sports educators whether this program has a place both in physical/sport education as well as character development education. However, it is still also debatable if the current revised/updated program can be justified as global education. This paper/project will not only investigate the concept/scope of "Olympic Values Education" but also try to explore the potential (if there is any) worldwide position of OVEP and the future global educational movement.