Title: Develop a budget for an event.
Course: Sports and Entertainment Management (12163-II) > Section: Understanding Event Management

Development should include anticipated sources of revenue and expenditures, both fixed and variable.

Process/Skill Questions:

- What factors should be considered when developing an event budget?
- What factors are involved in projecting income and expenses for an event?
- How important is risk management in developing a budget for an event?
- What is the importance of  sales forecasts?
- How does one determine whether financial objectives have been achieved?