Business Event Managemant *List the factors which will help identify projects which are feasable for

the compony to follow :1. ease of operation 2. availability of labour 3. location 4. profits 5. budget and expenses 6. finance 7. resources 8. field of growth and opportunity 9. benefits of the event 10. likes and dislikes of team member 11. size of team 12. time constraints 13. local support 14. market customers 15. methods of production 16. scale size of event

*Objectives set must be specific, timed bound. Objectives set must be realistic and achiveable *S.M.A.R.T- Specific, Measurable, Achievable, Realistic, Time bound *Stages in carrying out an event -select a team -select feasible event -plan the event carefully before caring it out -record details in event plan -carry out event -keep record of involvement -evaluate the success of the event demand planning how many people will come at the event what sort of people are interested when would be a good date staffing do research transportation licenscing equipment time

financial planning -price to pay -cost incurred for the event -budget of all the cost -break even point -risk cost -contingency cost fixed cost upon contribution per unit contribution per unit = selling price per unit fixed cost does not change with the change in level of production example rent