LT2E05N - Seminar 11

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.

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

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.

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.