BUS 372 MODULE 3 ASSIGNMENT EVENT BUDGET ESTIMATION Just Click on Below Link To Download This Course: URL= https://www.tutorialsexperts.com/product/bus-372-module-3-assignment-event/ Or Email us HELP@TUTORIALSEXPERTS.COM BUS 372 Module 3 Assignment Event Budget Estimation BUS372 BUS 372 Module 3 Assignment Event Budget Estimation Due Date: Jun 25, 2017 23:59:59
Max Points: 50
Details: You will use the event budget number provided to you by the event coordinator in the “Event Coordinator Interview” assignment from Topic 2 along with your own research to estimate expenses and value or revenue generation associated with your selected event. 1 Unsatisfactory 0.00% 100.0 %Content 25.0 %Expense Estimates 25.0 %Revenue Estimates
Event expense estimates are not included. Event revenue estimates are not included. Justification of specific event 50.0 %Justification of expense and revenue estimates are Expenses and Revenue not included.
2 Less than Satisfactory 65.00%
3 Excellent 100.00%
Event expense estimates are incomplete. Event revenue estimates are incomplete. Justification of specific event expense and revenue estimates are incomplete.
Event expense estimates are complete and include relevant details. Event revenue estimates are complete and include relevant details. Justification of specific event expense and revenue estimates are complete and include relevant details.
100 %Total Weightage
Think about the event you are planning to execute and identify the costs associated with executing the event. Some costs to consider could include facilities, marketing and promotion, event presentation and awards, security, and legal and insurance fees. Refer back to the Topic 2 Material for additional information about event costs and revisit the “PAPER Test” you completed for the Topic 2 assignment to ensure that you have included all the expenses you can think of related to promotion, audience,
partnerships and environment. Complete the “Expense” and “Amount Budgeted” columns and then write a sentence or two that justifies how you arrived at the estimate in the “Justification” column of the “Expenses” tab of the “Event Budget Estimation” spreadsheet to forecast the costs for executing your event. Next, identify the revenue streams for the event you are executing. Remember that for your event, “revenue” does not necessarily refer to money. Revenue could take the form of providing a service (i.e., a youth sports clinic), raising awareness for a specific cause or charity, collecting goods for a cause, charity (i.e., canned food, donations of supplies), or it could actually involve raising funds to help a particular group or organization. Some monetary revenue streams to consider could include registration fees, ticket sales, concessions, and sponsorship. Refer back to the Topic 2 Material for additional information about revenue streams. Revisit the “Revenue” section of the “PAPER” Test you completed for the Topic 2 assignment to ensure that you have included all the revenue streams you can think of for your event. Complete the “Description” and “Amount Forecasted” columns and then write a sentence or two that justifies how you arrived at the estimate in the “Justification” column of the of the “RevenueMonetary” and “Revenue-Non-monetary” tabs of the “Event Budget Estimation” spreadsheet to forecast the potential revenues that could result from executing your event. Your instructor will provide you with feedback about your budget estimations after you have submitted the assignment. APA Style is not required, but solid academic writing is expected. This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion. You are not required to submit this assignment to Turnitin. Event Budget Estimation
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