Event Planning Flashcards

1
Q

what is Strategic Planning (4)

A

Vision: What the event aspires to be

Mission: Describes the event’s purpose

Goals: The strategic plans, the things the event would like to achieve

Objectives: The way to obtain your gaols

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2
Q

Characteristics of Vision Statements (5)

A

Long term

Describes a desired future outcome/state

Serves as a wider focus

Motivational

Must be understood and shared

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3
Q

Characteristics of a Mission Statement (5)

A

event’s purpose

Identify its customer groups’

nature of the event;

values of the event

is motivational and achievable

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4
Q

Value Statements (4)

A

The event’s core beliefs

Connect with the event’s audience

Make stakeholders aware of the priorities

Guide decision making

(can be included in mission statement)

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5
Q

what are Goals

A

provide direction to those engaged in the event

They expand on the mission statement

For some events, the step of creating goals prior to setting objectives might not be considered necessary

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6
Q

what are SMART Objectives (5)

A

o Specific
o Measurable
o Achievable / Agreeable
o Realistic / Relevant
o Time-specific

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7
Q

Choice of organisational structures (4)

A

Simple Organisational structure

Network

Functional

Program-based matrix

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8
Q

what is a Simple Organisational Structure (3)

A

Low-level complexity

Decision making centralised

Event manager has total control

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9
Q

what is a Network Structure (4)

A

Multi-Organisational Approach – Outsourcing

Focus on ‘Management and Coordination’

Advantages: small amount of full-time staff; external expert knowledge; accuracy in costing; “quick” decision making

Important: quality control issues; team-feeling; admin work

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10
Q

what is a Functional Structure (1)

A

Departmentalise tasks according to specialised areas of skill

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11
Q

what is a Matrix Structure

A

Program-based; Breakdown into projects and functions

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12
Q

What is a project (2)

A

A temporary group activity designed to produce a unique product, service or result.

it has a defined beginning and end time, and therefore defined scope and resources.

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13
Q

what is Project management

A

the application of knowledge, skills and techniques to execute projects effectively and efficiently

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14
Q

Benefits of a Project Manager Approach to Events (5)

A

Systematic

Ensures systems and processes are independent of any one person

The approach is recognised and understood

Documented approach = accountable approach

Makes work of event team visible and validated

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15
Q

what does Work Breakdown Structures (WBS) involve

A

Breaking an event down into major tasks.
These tasks are then further broken down, a process that continues until a level of detail has been reached that is deemed appropriate for the needs of event organisers.

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16
Q

what is Statement of Work (SOW) (5)

A

Event mission/vision/objectives

Scope of work

Stakeholders involved and key responsibilities of each

Draft schedule

Draft budget

— The SOW is a baseline document for the planning process

17
Q

The Roles of Budgets

A

Budgets act to forecast event’s financial future and as such influence the decision to proceed or not to proceed with a given event

18
Q

Steps in Preparing an Event Budget (5)

A
  1. Research and scenario building
  2. Determine an appropriate level of budgeting
  3. Create a budget and have it approved
  4. Monitor expenditure against budget
  5. Review budget post event
19
Q

Considerations in budget development (6)

A

Taxation requirements of country (e.g. GST, VAT)

Market price sensitivities

Changes (actual and predicted) in the economic environment, e.g. Exchange rates/inflation

Period of time to event delivery

Current and potential revenue streams

Contingency allocation

20
Q

what are fixed costs

A

do not change with the number of people attending an event

21
Q

what are variable costs

A

change with the total number or people attending

22
Q

what are direct costs

A

costs directly associated with running the event

23
Q

what are indirect costs

A

event support costs e.g. Running of the event organisation (office space rental, computers & software, etc.)

24
Q

How to Monitor Expenditure (5)

A

Monthly statements of income and expenditure

Purchase orders

Regular budget meetings

Restrictions on expenditure and over budget

Comparisons with previous years

25
Q

An evaluation of the budget post event allows an event manger/organising body to see (5)

A

Areas where under-spending/overspending took place

Areas where income was up/down

Overall, how accurate the projection process was

Performance against previous years

Overall financial position of event going forward

26
Q

Defining HRM

A

the process of matching people to jobs and developing a satisfied and effective workforce

27
Q

Human resource management strategy for an event should seek to achieve specific outcomes, for example (5)

A

Growth

Cost containment

Improved quality – e.g. reduction in queuing times

Improved organisational effectiveness – e.g. through cross training

Enhanced performance as regards legal/environmental/safety responsibilities

28
Q

what is Training

A

provision of specific job skills or knowledge that allow people to perform or improve current job performance

29
Q

what is professional development

A

the acquisition of new skills or knowledge that prepares someone for future job responsibilities

30
Q

what is Termination

A

legal issues such as laws against unfair dismissal

31
Q

what is Outplacement

A

provision of assistance to staff/volunteers seeking new positions

32
Q

what is Re-enlistment

A

maintenance of contract with past staff/volunteers and provision of
incentives