Budgeting - Event Management - ثالث ثانوي
PART 1
Chapter 1 Introduction to Event Management
Chapter 2 The Market Demand for Events
Chapter 3 Suppliers in the Events Industry
Chapter 4 Planning an Event
PART 2
Chapter 5 Event Marketing and Sponsorships
Chapter 6 Event Financing, Budgeting, & Revenue Maximization
Chapter 7 Events and Sustainability
Chapter 8 Event Logistics, Operations, and Evaluation
Once you have completed this lesson, you should be able to: Explain the importance of a budget for event planning purposes
KEY TERMS Quote
The Importance of Event Budgets
Planning and Preparation
Meeting Financial Objectives
Making Pricing Decisions
Breaking Even
Considering Ancillary Costs
Preliminary Budgets
Detailed Budgets
General Budget Form
Why are budgets important documents for event planners
Budgetary Issues That Impact Events
How might a closely controlled budget affect the level and quality of entertainment at an event
Most events that do not aim to make a profit are sponsored;
Ticketing and Pricing
Marketing and Promotional Restrictions
While the use of websites may be low-cost
Entertainment Restrictions
Cash Flow Restrictions
Cost Uncertainty
Effective Budgets and Cash Flow Management
Why is it important to plan financially for emergencies
Spending Plans
How can effective budgets help ensure successful events
Cash Flow
Problem Solving
Contingencies
Monitoring Actual Against Budgeted Financial Activities
Budgeting
What internal and external factors must be taken into account when creating a budget that will be used to write the quote
Why is effective budgeting important for events
Select the most appropriate answer for each of the following: 1. Event budgets are useful for
Why should a preliminary budget be created before a detailed budget
Why should event budgets plan for the worst and hope for the best outcomes
