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Risk Management: Events are Risky Business 

SmartMeetings

Weighted risk tracking helps manage real contingency requirements We all plan events months in advance, years in advance, or maybe even, days in advance. Because of that not only do our risk management plans need to be well-thought out but so do our finances to cover those risks. Turns out there is.

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Preparation is the Key to Risk Management

Smart Meetings

Risk management is a dedicated preparedness rather than simply a mental exercise, according to Lisa Sommer Devlin, the most recent Smart Meetings webinar host. In her talk, “Risk Management 101,” she outlined strategies for dealing with the risks of the industry, as well as how to actively avoid them. Legal Risks.

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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.

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Why Risk Management Is an Essential Part of Planning an Event

Floktu

Risk management is an essential aspect of project management and, more specifically, in planning an event. Risk” can be defined as any unwanted event or situation that can lead to the failure of your project or event. Here are some of the risks and reasons why risk management is crucial for each event.

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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.

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10x Your Next Conference: Why Now, More Than Ever, You Should Use Holistic Procurement Methodology

Smart Meetings

Effective procurement strategies not only ensure that companies get the best value for their money but also play a role in risk management, innovation and corporate social responsibility. An organization that undervalues the importance of procurement often pays for it in numerous ways—financial and legal.

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10x Your Next Conference: Why Now, More Than Ever, You Should Use Holistic Procurement Methodology

SmartMeetings

Effective procurement strategies not only ensure that companies get the best value for their money but also play a role in risk management, innovation and corporate social responsibility. An organization that undervalues the importance of procurement often pays for it in numerous ways—financial and legal.