in week 11, we had a group meeting. In this meeting we discussed the income that we were looking to make. We identified all our fixed cost and variable costs in the budget e.g. fixed - tickets, decor. Variable - staff, convention e.g. entertainment, gifts, off-site events.
We also discussed costs which might become semi fixed, in other words, we might have to make extra provisions e.g. furniture, cutlery.
Wednesday, 9 May 2007
Thursday, 3 May 2007
LT2E05N - Seminar 10
In week 10, we had to conduct a risk assesment for our event. The reason for creating a risk assesment is to evaluate any vulnerabilities, threats, likelihood, loss or impact, and theoretical effectiveness of security measures. This is to determine expected loss and establish the degree of acceptability to system operations. By Seeking out all the potential hazards, we can act upon these. It is important to maintain regular checks to ensure that we comply with health and safety requirements. Conducting regular risk assessments helps protect us from the risk of fines or being sued by an employee or any of our guests.
To evaluate the risk assesment in our event, we followed the five steps in the leaflet given out my Tom Lunt on webCT.
• Identify the Hazards
• Decide who could be harmed and how
• Evaluate the risk and decide on precaution
• Record Our findings and implement them
• Review our assesment and update anything that is neccassary
To evaluate the risk assesment in our event, we followed the five steps in the leaflet given out my Tom Lunt on webCT.
• Identify the Hazards
• Decide who could be harmed and how
• Evaluate the risk and decide on precaution
• Record Our findings and implement them
• Review our assesment and update anything that is neccassary
Wednesday, 2 May 2007
LT2E05N - Seminar 9
In our groups for week 9, we done individual work in which we had to find out the prices for the budget. My research was to find out about how much it would cost hire a portable casino for the night. I began by searching places on the net that offered portable casinos with croupiers, I found it was expensive to rent them with croupiers. I rang up a company (ace of spade casino), I spoke to one of their assitants and she gave me some information on how much it would cost to rent it out for an event.
2 tables = £1000 inc. V.A.T (3hrs period)
Additional Tables (first 2 tables) = £250 each inc. V.A.T
Additional 3rd table = £200 inc. V.A.T
These prices does not include croupiers, meaning we would have to train a staff to parttake in this activity.
2 tables = £1000 inc. V.A.T (3hrs period)
Additional Tables (first 2 tables) = £250 each inc. V.A.T
Additional 3rd table = £200 inc. V.A.T
These prices does not include croupiers, meaning we would have to train a staff to parttake in this activity.

LT2E05N - Seminar 8
In seminar 8, we had a group meeting which consisted of myself, Rishi and Eva. We discussed all the different expenditures for our event. We worked out in our group all the areas that we need to spend our budget on and researched how much each would cost as homework.

Apart from the venue (which was free), we had to find out the prices for all our costs and see how much we will need from sponsors e.t.c.

Tuesday, 24 April 2007
LT2E05N - Week 7
In Seminar 7, we didn't have much of a seminar as most people were finishing of their assesment to hand in. Although in this week seminar we covered budgeting and financial control from tom's lecture.
Thursday, 15 March 2007
LT2E05N - Seminar 4
In Week 4, we researched more about our proposed event which was now christian aid. We had a look situational analysis. Internal factors such as strength and weaknesses and external factors such as opportunities and threats. We done an enviromental scanning off the event using PESTEL.

politics of our organisation - christian aid stand for fair trade, helping third world countries, Conflict, HIV/IDS. Will the event be approved by its stakeholders.
Economic - Our audeince, the impact the event will have on Christian Aids economy
Social - How will the Event affect the society its taking place in. The Generation Gap of our auience we are targeting.
Technological - Technology will affect the way we propose our event, we can use latest technology such as podcasting, mp3 downloads, internet . All this can emerge the way our event is promoted.
Legal Factors - There are a few factors we would have to take to consideration when working with volunteers for example, child protection act (cbr forms). We also have to find out what lesiglation laws apply to us.

Wednesday, 14 March 2007
LT2E05N - Seminar 6
Nearly half way through our project. Everyone in the group are taking to their tasks and we added a new member to our group (Eva). She would now be joing John in the production team to take abit of his workload off. In the Seminar today, We just went over all employability tasks and made sure they were complete, Nigel also wanted to see a draft of everyones proposal and re-iterated a Gant chart to us and the importance of having one in our event. We also started of briefly a risk assesment scheduele for our event.
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