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The event manager is the person who plans and executes the event, taking responsibility for the creative, technical, and logistical elements. This includes overall event design, brand building, marketing and communication strategy, audio-visual production, script writing, logistics, budgeting, negotiation, and client service.
A budget is a calculation plan, usually but not always financial, for a defined period, often one year or a month.A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities and cash flows.
An example would be that of designing, manufacturing and providing support infrastructure for an automobile manufacturer. Project accounting – Is the practice of creating financial reports specifically designed to track the financial progress of projects, which can then be used by managers to aid project management.
Examples of fixed costs include the depreciation of plant and equipment, and the cost of departments such as maintenance, tooling, production control, purchasing, quality control, storage and handling, plant supervision and engineering. [4] In the early nineteenth century, these costs were of little importance to most businesses.
Festember is a cultural festival organised at National Institute of Technology, Tiruchirappalli (NITT). [1] It is a 4-day event held annually in the third week of September. It was first incepted in 1975 by then students of NITT, and has now evolved to be one of the largest cultural festivals organised by a student community in Southern India.
A student-run event planning board is a student activity that works under a faculty advisor to plan events for students, including concerts, speakers, dances, movie screenings, etc. Generally, this board is also responsible for hosting specific traditional events. These types of groups are often funded by grants from the college or university.
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The politician sees the budget process as "a political event conducted in the political arena for political advantage". [1] The economist views budgeting as a matter of allocating resources in terms of opportunity cost where allocating resources to one consumer takes resources away from another consumer. [ 1 ]