ETB2003 Event Management Terms | Baamboozle - Baamboozle

What is budget in event management ?

A financial plan or forecast; an estimate of income and expenditure.

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Work break-down structure is

Is a schedule of the various jobs which have to be done to complete an entire event.

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What is the difference between event site and event venue?

Site: Generally an oudoor space with limited infrastructure. Venue: Generally refers to a built structure where an event takes place.

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What Does a request for proposal (RFP) mean?

is an open request for bids to complete a new project proposed by the company or other organization that issues it.

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List the 3 stages in event process?

Pre-event, during event and post-event.

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The group of people engaged in watching an event or (usually) passively participating in some aspect of the event activities

Audience

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Who are event stakeholders?

May include internal and external customers, organising committees, funding bodies, regulatory authorities and other government authorities.

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What is an Event?

event is an opportunity for leisure, social or cultural experience outside the normal range of choices or beyond everyday experience.’

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Their volume should exceed 1 million visits, their capital cost should be at least $500 million, and their reputation should be that of a ‘must see’ event.

Mega Events

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An event promoting the fine arts or other human intellectual achievement and its purpose shall not primarily be of a commercial nature;

Cultural event

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The individual, or organisation, who promotes and manages an event

Event organizer

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What is risk management?

Involves forecasting and evaluating risks in order to minimise their impact.

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What does MICE stand for?

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