Event Management

UNIT 5 Staging  Please Mark your Attendance in Comment section   Choosing the event site, Event Venue Selection Keep following things in mind while selecting a venue for your event: 1. Target Audience/Guest Size: This means the number of people you are expecting to attend your event. Make sure that your venue can easily accommodate your expected target audience. Your venue should not be too small or too large for your guests. If too small, then your guests will feel discomfort. If it is too large then you will unnecessarily end up paying more for the venue. Get firm indications whether guests plan to attend your event by sending RSVP clearly printed on the invitation. The term RSVP is a French acronym. Its meaning in English is 'Please Respond'. If RSVP is printed on the invitation then the invited guest is expected to tell the host whether or not he/she is attending the event. Since many people don't understand the meaning of t...

UNIT 4 :Planning & Budgeting -  Mark your Attendance in comments Name: Batch: Roll no : Planning & Budgeting of an event:  Event Budget The event budget is a projection (forecast) of the income and expenditure that the event will incur based on plans made and information gathered. The preparation of a budget is an essential part of event management. It is fundamentally important that Event Directors are able to predict with reasonable accuracy whether the event will result in a profit, a loss or will break-even. This is achieved by identifying and costing all probable expenditures and by totalling all expected revenues (income). By comparing expenditures and revenues, it then becomes possible to forecast the financial outcome of the event. There are some rules that should be observed while Budget prepration:  Budget to avoid making a loss  Be realistic about event incomes  Have a financial contingency plan i.e. what happens if the sp...