Remove Contracts Remove Financial Remove Food and Beverage Remove Risk Management
article thumbnail

Budget Financial Meetings: Doing More with Less

SmartMeetings

Meetings in the financial and insurance sector require outside-the-box thinking. The economy was humming along before the coronavirus hit, but even then the majority of meeting planners in the financial and insurance industries were keeping their budgets in neutral. Financial and insurance meetings in the U.S.

article thumbnail

Money Talks: Defining an Event Budget

TicketBud

Instead, event planners are living within the constraints and are more reliant on proper planning and financial forecasting to ensure the success of their events. Why Event Budgets are Important A budget serves as a financial blueprint for a successful event, aligning expenses with desired outcomes and ensuring financial viability.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 33 skills meeting and event planners need to succeed

Plan Your Meetings

B: Project management. C: Risk management. D: Financial management. G: Stakeholder management. I: Site management. Develop financial summary. Evaluate effectiveness of risk management plan. B: Project management. Manage critical path. Manage contracts.

article thumbnail

What Is the Meetings Industry’s No. 1 Challenge?

PCMA Convene

In the 28th Annual Meetings Market Survey, respondents listed rising food and beverage costs as a major challenge. Nearly 30 percent of respondents’ answers in some way reference budgets or rising costs this year, with AV, food and beverage, and Wi-Fi expenses standing out as particular pain points. Budget decreases.