Negotiating Risk Management Sponsorships Transportation 
TicketBud
DECEMBER 13, 2023
Event budgets also act as a risk management tool. This enables organizers to devise backup plans, forge partnerships, and negotiate favorable deals with vendors to ensure that the event stays on track throughout planning and execution. Gather information on the event’s requirements to estimate expenses accurately.
SmartMeetings
APRIL 3, 2020
Negotiation is more essential than ever for achieving cost savings, and planners should work closely with partners — including DMCs, hotels, speaker bureaus, and food and beverage vendors — to identify creative opportunities for doing more with less. A collaborative approach will always benefit you in all aspects, including managing costs.”.
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