Event Management
Event Management
(Midterm Reviewer)
LESSON 1: 4. BUDGET MANAGEMENT- keeping track of
INTRODUCTION TO EVENTS MANAGEMENT expenses and ensuring financial accountability.
5. NEGOTIATION SKILLS- securing favorable
KEY CONCEPTS IN EVENTS MANAGEMENT terms with vendors and suppliers.
1. Logistics Coordination: Managing the various
logistical aspects such as venue selection, EFFECTIVE MANAGER- adeptly negotiate contracts
catering, and transportation. with caterers and venues to stay within budget while
2. Budgeting: Estimating costs and securing maintaining quality standards
funding to ensure financial viability.
3. Marketing: Promoting the event to attract IMPACT OF EVENTS IN LOCAL ECONOMIES
attendees and stakeholders. - Boost local economies through tourism, job
creation and increased sales for local business
EXAMPLES OF EVENTS THAT REQUIRE - Stimulate economic activities by attracting
MANAGEMENT INCLUDE CORPORATE EVENTS, visitors who spend on accommodations, dining
WEDDINGS, FESTIVALS, AND CONFERENCES. and entertainment.
EACH OF THESE EVENTS HAS UNIQUE
REQUIREMENTS AND OBJECTIVES THAT MUST BE STAKEHOLDERS
ADDRESSED DURING THE PLANNING PROCESS. - People involved in company
- Crucial for the success of any events
TYPES OF EVENTS AND THEIR PURPOSES
1. CORPORATE EVENTS- Design to achieve
business objectives, such as meetings, product IMPORTANCE OF STAKEHOLDERS ENGAGEMENT
launches and conferences. They focus on - Understanding their needs and expectations
networking and professional development. fosters collaboration and enhances overall
2. SOCIAL EVENTS- Personal celebration like satisfaction
weddings, birthday parties and family reunion, - Involving stakeholders in the planning process
emphasizing personal connections and can lead to innovative ideas and stronger
enjoyment. support of the event's success.
3. CULTURAL EVENTS- Festival and art
exhibitions that promote cultural heritage and
community engagement fall under this category. LESSON 2:
4. CHARITY EVENTS- Fundraisers and THE PLANNING PROCESS
awareness campaigns aimed at supporting
social causes. AN OVERVIEW
Event planning is the process of coordinating all aspects
ROLE OF EVENTS IN SOCIETY AND BUSINESS of an event to ensure its success. This includes
THE EVENT PLANNING PROCESS organizing, executing, and evaluating various elements
1. CONCEPT DEVELOPMENT- define the event’s such as location, catering, logistics, entertainment, and
purpose and objectives. guest experience.
2. BUDGETING- estimate costs and secure
funding. The event planning process is a systematic
3. LOGISTICS PLANNING- select venues, approach to organizing and executing successful
arrange catering, and plan transportation. events. It typically involves the following steps:
4. MARKETING- promote the event to attract
attendees. - Defining event goals and objectives
5. EXECUTION- manage the event on the day, - Conducting market research and analyzing the
ensuring everything runs smoothly. target audience
6. EVALUATION- assess the event’s success and - Selecting an appropriate venue and date
gather feedback for future improvements. - Developing a detailed event program and
agenda
ESSENTIAL SKILLS FOR A SUCCESSFUL EVENT - Coordinating logistics, such as transportation,
MANAGER accommodation, and catering
1. ORGANIZATIONAL SKILLS- the ability to - Promoting the event and managing registrations
manage multiple tasks and details efficiently. - Executing the event and managing on-site
2. COMMUNICATION SKILLS- effectively operations
conveying information to various stakeholders. - Evaluating the event's success and gathering
3. PROBLEM-SOLVING SKILLS- quickly feedback
addressing issues that arise during events.
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KEY STEPS IN THE EVENT PLANNING PROCESS 2. Venue selection and contract negotiation (4-6
1. CONCEPTUALIZATION- This is the initial stage months before the event)
where the idea for the event is generated. It 3. Vendor and supplier selection (3-4 months
involves defining the purpose, objectives, and before the event)
target audience for the event. 4. Marketing and promotion (2-3 months before
2. FEASIBILITY ANALYSIS- Analyze whether the the event)
event concept is achievable within the given 5. Final preparations and on-site logistics (1
resources, time, and budget. This involves month before the event)
assessing risks, market demand, and 6. Event execution and post-event evaluation
stakeholder support.
3. PLANNING- This stage involves detailed IDENTIFYING KEY STAKEHOLDERS IN EVENT
preparation, including venue selection, vendor PLANNING
negotiation, and creating a timeline for the Stakeholders are individuals or groups who have an
event. The planning phase is critical to ensure interest or role in the event, either directly or indirectly.
all elements are in place before the event day. 1. Clients/Sponsors:
4. BUDGETING- Developing a comprehensive The individuals or organizations funding the
budget that accounts for all expenses, including event. Their needs and expectations must be
venue, catering, marketing, and contingency met for the event to be considered successful.
funds. Budgeting ensures financial control 2. Attendees:
throughout the planning process. The target audience for the event.
5. COORDINATION- Coordinating all elements and Understanding their preferences and
stakeholders involved in the event to ensure expectations is crucial.
smooth execution. This includes managing 3. Vendors:
logistics, communication, and on-the-day Suppliers who provide services such as
operations. catering, entertainment, and equipment. Their
6. EXECUTION- The actual day of the event, reliability and quality of service impact the
where all planning and coordination come event’s success.
together. Attention to detail and adaptability are
key to handling any unforeseen issues. IDENTIFYING KEY STAKEHOLDERS IN EVENT
7. EVALUATION- After the event, conduct a PLANNING
thorough evaluation to assess its success. Stakeholders are individuals or groups who have an
Gather feedback from attendees, stakeholders, interest or role in the event, either directly or indirectly.
and the event team to identify areas for 1. Event Team: The planners, coordinators, and
improvement. volunteers who work on the event. Effective
communication and collaboration are essential.
2. Regulatory Authorities: Local authorities who
Creating a Timeline for Event Planning provide necessary permits and ensure the event
A timeline is a detailed schedule that outlines when each complies with legal requirements.
step of the event planning process will be completed.
Analyzing the Feasibility of an Event Concept
STEPS TO CREATE A TIMELINE: Feasibility analysis is the process of evaluating whether
• Start with the Event Date: an event idea can be realistically executed within given
Begin by setting the event date and work backward constraints.
to identify key milestones.
STEPS FOR FEASIBILITY ANALYSIS:
• Identify Major Deadlines: • Assess Resources:
These include securing a venue, sending out Determine if the required resources (time, money,
invitations, confirming vendors, and finalizing the personnel) are available.
budget.
• Evaluate Market Demand:
• Break Down Tasks: Analyze whether there is interest in the event from
Divide the planning process into smaller, the target audience.
manageable tasks, each with its own deadline.
• Risk Assessment:
• Allocate Resources: Identify potential risks and develop strategies to
Assign team members to each task and ensure they mitigate them.
have the necessary resources to complete it on time.
• Stakeholder Support:
A typical event planning timeline may include: Ensure that all key stakeholders are on board with
1. Initial planning phase (6-12 months before the the concept.
event)
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Before proceeding with the planning process, it is crucial 3. Budget:
to analyze the feasibility of the event concept. This An estimated budget outlining major expenses and
involves considering factors such as: potential revenue.
- TARGET AUDIENCE AND THEIR INTEREST
IN THE EVENT 4. Stakeholder Roles:
- AVAILABILITY OF RESOURCES (FINANCIAL, A description of the roles and responsibilities of
HUMAN, AND MATERIAL) each stakeholder involved.
- POTENTIAL CHALLENGES AND RISKS 5. Risk Management Plan:
ASSOCIATED WITH THE EVENT A strategy for identifying and mitigating potential
- ALIGNMENT WITH THE ORGANIZATION'S risks.
GOALS AND OBJECTIVES
- UNIQUENESS AND COMPETITIVENESS OF An event proposal outlines the key aspects of the event,
THE EVENT CONCEPT including:
- EVENT OVERVIEW AND OBJECTIVES
Budgeting Considerations for Events - PROGRAM AND AGENDA
Budgeting involves estimating the costs associated with - BUDGET AND FINANCIAL PROJECTIONS
the event and managing financial resources to stay -TARGET AUDIENCE AND EXPECTED ATTENDANCE
within the budget. - MARKETING AND PROMOTION PLAN
- RISK MANAGEMENT AND CONTINGENCY PLANS
KEY BUDGETING ELEMENTS: - VENUE AND DATE SELECTION
1. Fixed Costs: -STAFFING AND VOLUNTEER REQUIREMENTS
These are costs that do not change regardless of
the event size, such as venue rental and Different Planning Methodologies
insurance. Planning methodologies are systematic approaches to
organizing events. Different methodologies can be
2. Variable Costs: applied based on the type and scale of the event.
Costs that vary based on the number of attendees,
such as catering and seating arrangements. COMMON PLANNING METHODOLOGIES:
3. Contingency Fund: 1. Traditional Planning:
A reserve of funds to cover unexpected expenses. A step-by-step approach that follows the event
planning process sequentially. Ideal for events with
4. Revenue Streams: a clear structure and timeline.
Identify potential income sources, such as ticket
sales, sponsorships, or merchandise. 2. Agile Planning:
A flexible approach that allows for adjustments
Budgeting is a critical aspect of event planning. It throughout the planning process. Suitable for
involves estimating and allocating financial resources for events with uncertain or evolving requirements.
various event components, such as:
- VENUE RENTAL AND SETUP COSTS 3. Hybrid Planning:
- CATERING AND FOOD AND BEVERAGE Combines elements of both traditional and agile
EXPENSES planning. Useful for complex events that require
- ENTERTAINMENT AND SPEAKER FEES both structure and adaptability.
- MARKETING AND PROMOTIONAL COSTS
- STAFFING AND VOLUNTEER EXPENSES CONCLUSION
- CONTINGENCY FUNDS FOR UNEXPECTED Understanding and applying the event planning process
COSTS is essential for successful event management. By
following the steps outlined in this lesson, you will be
Developing a Basic Event Proposal able to conceptualize, plan, and execute events that
An event proposal is a document that outlines the key meet your objectives and satisfy stakeholders.
details of an event concept and is used to secure
approval from stakeholders.
COMPONENTS OF AN EVENT PROPOSAL:
1. Event Overview:
A brief description of the event, including its
purpose, objectives, and target audience.
2. Timeline:
A schedule of key milestones and deadlines.
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LESSON 3: fixed costs might include a $10,000 venue fee, $5,000
EVENT PLANNING AND BUDGETING for speakers, and $3,000 for marketing. Variable costs
could include $50 per person for catering and $10 per
Developing a Comprehensive Event Plan person for materials. A contingency fund of $2,000
► An event plan is a strategic roadmap that outlines would be set aside for any unforeseen expenses.
all the essential components needed to execute
an event successfully. This includes the event’s Cost Factors and Revenue Streams
objectives, target audience, logistics, marketing Cost factors are the various elements that contribute to
strategies, and evaluation metrics. the overall expense of an event, while revenue streams
Objectives are the sources of income that offset these costs.
► Clearly define what you want to achieve with the
∙ Cost Factors: Venue rental, catering,
event. These could be brand awareness, lead
generation, or community engagement. entertainment, marketing, technology, staffing,
Target Audience permits, and insurance.
► Identify who your event is aimed at. Understanding
your audience helps in tailoring the event’s ∙ Revenue Streams: Ticket sales, sponsorships,
content, marketing, and logistics. merchandise sales, grants, and fundraising.
Logistics
► This includes the venue selection, event schedule, ❑ Example: For a music festival, cost factors might
technology needs, and staffing. include $50,000 for artist fees, $20,000 for venue
rental, and $15,000 for security. Revenue streams
Marketing Strategies could include $100,000 from ticket sales, $30,000
► Outline how you will promote the event. This could from sponsorships, and $10,000 from
involve digital marketing, partnerships, or merchandise.
traditional advertising.
Evaluation Metrics ✔ Understanding the balance between cost factors
► Determine how you will measure the success of and revenue streams is essential for creating a
the event, such as attendance numbers, social profitable event. By analyzing these elements,
media engagement, or post-event surveys. event planners can make informed decisions that
maximize revenue while controlling costs.
Example:
For a product launch, the event plan might include FUNDS
goals such as generating 500 qualified leads and Funding Sources and Sponsorship Opportunities
achieving 1,000 social media mentions. The target Funding sources are the various ways to finance an
audience might be industry professionals and event, while sponsorship opportunities involve partnering
potential customers, with logistics detailing the with businesses or organizations that provide financial or
venue setup, AV requirements, and guest in-kind support in exchange for brand exposure.
speakers. 1. Funding Sources: Include ticket sales, grants,
loans, and crowdfunding.
Creating a Detailed Budget 2. Sponsorship Opportunities: Companies may
► An event budget is a financial plan that outlines all sponsor an event in exchange for branding
the expected costs and revenue associated with opportunities, such as logo placement, speaking
an event. It includes line items for every expense opportunities, or product displays.
and income source, ensuring that the event stays
financially viable. Importance of ROI (Return on Investment) in Event
Planning
∙ Fixed Costs: These are costs that do not change ROI measures the profitability of an event by comparing
regardless of the number of attendees, such as the revenue generated to the costs incurred. It is a
venue rental, speaker fees, and marketing costs. critical metric for assessing the financial success of an
event.
∙ Variable Costs: These costs fluctuate based on
the number of attendees, such as catering, 1. Calculating ROI: ROI is typically calculated
materials, and transportation. using the formula: (Revenue - Cost) / Cost *
∙ Contingency Planning: Allocate a portion of the 100%. A positive ROI indicates a profitable
event, while a negative ROI suggests a loss.
budget (typically 10-15%) for unexpected
2. Factors Influencing ROI: Ticket pricing,
expenses. This helps manage risks like
sponsorship deals, marketing effectiveness, and
last-minute changes or unforeseen costs.
attendee satisfaction all impact the ROI of an
► Example: For a conference with 200 attendees, event.
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Applying Budget Tracking Tools and Techniques LESSON 4:
Budget tracking involves monitoring actual expenses VENUE SELECTION AND LOGISTICS
and revenues against the planned budget to ensure
financial control throughout the event planning process. ❑ Venue selection and logistics involve the process of
1. Tools: Spreadsheets, accounting software, and identifying, evaluating, and managing the physical
specialized event management tools like Cvent space where an event will take place and ensuring
or Eventbrite. that all necessary logistical elements are in place to
2. Techniques: Regular budget reviews, variance support the event’s success.
analysis, and real-time expense tracking.
❑ Selecting the right venue and managing logistics
Applying Budget Tracking Tools and Techniques effectively is crucial as it impacts the event’s overall
► Using a spreadsheet, an event planner can input success, including guest experience, safety, and
all projected and actual expenses. By regularly updating the event's ability to meet its objectives.
the spreadsheet, they can compare the budgeted
amounts with actual spending to ensure the event CRITERIA FOR SELECTING AN EVENT VENUE
remains on track financially.
1. LOCATION- Proximity to the target audience,
► Budget tracking is essential for maintaining transportation links, and cultural relevance of the
financial control and ensuring that the event stays within venue.
budget. By using tools and techniques to monitor
2. CAPACITY- The venue must be able to
expenses in real-time, planners can quickly identify and
address any financial issues that arise. comfortably accommodate the expected number
of attendees. For example, a conference with
500 attendees would require a larger space
Evaluating the Financial Risks Associated with compared to a corporate meeting of 50.
Events 3. COST- Budget constraints often dictate the
Financial risks in event planning refer to the potential for choice of venue. A clear understanding of the
financial loss due to factors such as low ticket sales,
venue’s rental fee and what it includes (e.g.,
unforeseen expenses, or sponsorship withdrawal.
1. Risk Identification: Identify potential risks such catering, AV equipment) is crucial.
as weather disruptions, low attendance, or 4. AMBIENCE- The atmosphere of the venue
vendor issues. should align with the event's theme. For
2. Risk Mitigation: Implement strategies to instance, a corporate event may require a formal
minimize these risks, such as purchasing setting, whereas a music concert would benefit
insurance, setting conservative revenue from a more vibrant environment.
projections, and having backup plans in place. 5. FACILITIES AND SERVICES- Check if the
venue offers essential amenities such as
Evaluating the Financial Risks Associated with audiovisual equipment, Wi-Fi, catering services,
Events
and restrooms. Some venues might offer
Example: For an outdoor event, risks might include bad
weather leading to low turnout. Mitigation strategies packages that include these services, which can
could involve having an indoor backup venue or be more cost-effective.
purchasing event cancellation insurance. 6. ACCESSIBILITY- This includes both physical
Evaluating and mitigating financial risks is crucial for accessibility for people with disabilities and
protecting the financial viability of an event. By general accessibility in terms of transport and
identifying potential risks early and developing strategies parking.
to address them, event planners can minimize the • Example: For a product launch event targeting
impact of unforeseen challenges. young professionals in Manila, a venue like a
CONCLUSION modern, centrally located hotel with strong public
► In this lesson, we explored the critical components transport links and adequate parking would be ideal.
of event planning and budgeting, from developing
a comprehensive event plan to understanding the LOGISTICAL CONSIDERATIONS FOR EVENTS
importance of ROI. By mastering these skills, you - Logistical considerations involve the planning
will be better equipped to create successful, and management of all the operational details
financially sound events that align with marketing required to execute an event successfully.
goals and deliver value to stakeholders. - Logistics can include transportation,
accommodation, food and beverage service,
technical support, security, and the flow of
guests.
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EXAMPLES OF LOGISTICAL CONSIDERATIONS: with all vendors (caterers, AV providers, etc.).
1. Transportation: Arranging shuttle services or 4. Event Timeline: Create a detailed schedule
coordinating with local transportation providers. outlining the timing of each activity.
5. Staff Assignments: Assign specific roles and
2. Accommodation: For multi-day events, responsibilities to staff members.
securing hotel rooms for attendees is essential. 6. Emergency Contacts: List key contacts for
3. Catering: Managing dietary requirements and quick resolution of issues.
ensuring food safety is a critical part of event
logistics. • Example: For a large conference, the checklist
4. Technical Equipment: Ensuring all AV might include coordinating with the AV team to set
equipment is functional and meets the event's
needs. up projectors and microphones, ensuring the
5. Security: Arranging adequate security catering team knows the dietary restrictions, and
personnel, particularly for high-profile events. assigning staff to manage registration.
IMPORTANCE OF ACCESSIBILITY IN VENUE
SELECTION ✔ A well-prepared checklist helps prevent
last-minute surprises and ensures that every detail
ACCESSIBILITY REFERS TO THE EASE WITH is covered, leading to a smoother event execution.
WHICH ALL ATTENDEES, INCLUDING THOSE WITH
DISABILITIES, CAN REACH, ENTER, AND USE THE
VENUE'S FACILITIES.
EVALUATING POTENTIAL VENUES FOR A SPECIFIC
EVENT
Accessibility considerations include: VENUE EVALUATION INVOLVES SYSTEMATICALLY
ASSESSING POTENTIAL VENUES TO DETERMINE
∙ Physical Access: Ramps, elevators, accessible WHICH BEST MEETS THE EVENT’S
REQUIREMENTS.
restrooms, and seating.
The evaluation process should include:
∙ Transport Access: Availability of public
∙ Site Visits: Physically inspect the venue to verify
transportation and parking facilities. its suitability.
∙ Communication Access: For individuals with ∙ Comparison Matrix: Create a matrix comparing
hearing or visual impairments, consider sign venues based on key criteria (cost, location,
language interpreters or audio guides. capacity, etc.).
• Examples: For a public seminar, choosing a
∙ Feedback from Previous Events: Consider
venue with clear signage, step-free access, and
testimonials or reviews from other event
hearing loops ensures inclusivity.
organizers.
✔ Ensuring accessibility not only complies with legal ∙ Example: When evaluating venues for a wedding,
requirements but also demonstrates a factors such as scenic beauty, indoor and outdoor
commitment to inclusivity, which can enhance the options, and availability of in-house catering are
reputation of the event and the organization. crucial.
✔ A thorough evaluation process helps in selecting
the most appropriate venue, ensuring that it meets
CREATING A CHECKLIST FOR EVENT LOGISTICS all logistical, aesthetic, and financial requirements.
A LOGISTICS CHECKLIST IS A COMPREHENSIVE
LIST OF TASKS AND ITEMS THAT NEED TO BE THE ROLE OF TECHNOLOGY IN EVENT LOGISTICS
ARRANGED, CONFIRMED, AND MANAGED
BEFORE, DURING, AND AFTER THE EVENT. TECHNOLOGY IN EVENT LOGISTICS REFERS TO
THE USE OF DIGITAL TOOLS AND PLATFORMS TO
STREAMLINE THE PLANNING, EXECUTION, AND
A TYPICAL EVENT LOGISTICS CHECKLIST MANAGEMENT OF EVENTS.
INCLUDES:
1. Venue Booking Confirmation: Ensure all Technology can support:
contracts and payments are finalized.
2. Permits and Licenses: Obtain necessary
permits for event activities. ∙ Registration: Online platforms for ticketing and
3. Vendor Coordination: Confirm arrangements registration.
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LESSON 5:
∙ Communication: Apps for real-time updates and
communication with attendees. EVENT DESIGN AND THEME DEVELOPMENT
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Example: A product launch event for an eco-friendly enhancing word-of-mount promotion.
brand might have a “Green Revolution” theme, with
Example: A tech conference with interactive LED
natural elements in the decor, organic food options, and
screens, a modern minimalist layout, and tech-inspired
sustainable materials used throughout.
decor will feel futuristic and cutting-edge, shaping
attendees’ perception of the brand.
A mood board is a visual tool used to convey the Integration of Branding in Event Design
aesthetic direction of an event. It typically includes
Branding is essential to reinforce the identity of the event
images, color palettes, textures, and font styles to inspire
or the company hosting it. A strong brand presence
the overall look and feel of the event.
within the design helps to communicate the event's
STEPS TO CREATE A MOOD BOARD: message, creates a consistent experience, and build
brand recognition.
1. Define the Event’s Purpose and Audience:
Understanding the event goals and who will WAYS TO INTEGRATE BRANDING
attend is crucial in choosing relevant visuals.
1. LOGO PLACEMENT: Incorporate the
2. Collect Visual Inspiration: Gather images from
company’s logo on materials such as backdrops,
magazines, websites, and social media
signage, and digital displays.
platforms that align with the theme.
2. COLOR SCHEMES: Align the event’s color
3. Organize and Refine: Arrange visuals in a way
palette with the brand’s signature colors.
that tells a story, grouping elements that work
3. BRANDED MERCHANDISE: Include giveaways
well together.
or interactive elements that carry the company’s
4. Incorporate Brand Elements: Ensure that the
branding, such as customized photo backdrops
mood board reflects the event’s branding or the
or branded refreshments.
company’s identity.
4. CONSISTENT MESSAGING: Ensure that the
Example: For a tropical-themed beach wedding, the event’s tagline, values, and mission are woven
mood board might include images of palm trees, into all aspects of the design.
seashells, a soft sunset color palette, and textures like
Example: A car company’s launch event could have its
linen or driftwood.
logo subtly integrated into decor elements like lighting
projections, while the color scheme mirrors the
company’s primary branding colors.
Impact of Event Design on Attendee Experience
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Example: For a summer outdoor wedding, the menu 1. MENU COMPLEXITY: Custom, high-end menus
might feature fresh, seasonal fruits, salads, and lighter are more expensive.
entress to align with the warm weather. 2. NUMBER OF GUESTS: Larger guest counts
lead to higher costs.
3. SERVICE STYLE: Plated service requires more
Role of Hospitality in Event Success staff, increasing labor costs, while buffet options
are generally more affordable.
Hospitality goes beyond food services; it encompasses
creating a warm and welcoming environment for guests. Example: For a charity event, a simple buffet with one
In the context of events, this means ensuring that every or two entree options might be selected to keep costs
attendee feels valued and their needs are met. low, allowing more funds to go toward the cause.
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