(Part 1) • Planning an event is a continuous and dynamic process. • Part of planning anticipates possible influences and problems so that suitable action can be taken should any problem occur. • It involves a systematic decision- making process. • Planning for an event involves so many factors that everything must be clearly documented FEASIBILITY STUDY • Required for a one-off event, the start of a new and proposed recurring event, or one that is already a permanent fixture. • A one-off event may require a bid process • Event description. A clear understanding is initially required of the type and characteristics of the event that is proposed. E.g. Themes, activities, programme,geographical location, physical set-up and dates… • Feasibility of making a bid. The bid preparation itself will involve cost, and assessment should be made on whether it is worthwhile to bid and what the chances are winning. • Budgeting and financing. Based upon accurate research and projections. • Fitting with overall tourism strategy. Should also have some degree synergy with existing attractions and destination image. • Impact audit. The event will impact the community and local economy. • Opportunity cost. Resources may be taken from elsewhere, such as for construction, education, health and welfare. • Stakeholder support. The degree of support and consensus among potential event stakeholders will impact the event outcome. • Sponsorship. Can be a major event stakeholder and financier. • Support services. Even the stakeholder collaboration within the destination, external help be needed for providing venue, transportation, staffing, media reporting and other various suppliers for the events. Contract costs and legal obligations should be considered. • Event delivery. Assessment must be made of whether the event can be delivered on time and within the budget and satisfy the event objectives. • Competitive audit. Depending on event type, participant profile and situational factors, some destinations may be more • Infrastructure and capacity. Assessing physical visitor capacities at destination entrance and exit points, local transportation, accommodation, venues, bars…attractions should reflect the ability to effectively handle large numbers to event participants. • Marketing and promotion. Factors such as positioning statement, target audience, creating an event brand and how to make the event attractive will be core in bringing people to the event. • Creating an event legacy. Careful planning is needed on the use of venues, facilities and infrastructure created for the event after it is finished. Legacy strategy needs to be in place and implemented before the event is concluded. RISK AUDIT During the feasibility study stage, event planners should look at the potential risks involved. Risks have various levels, requiring suitable measured responses: • Financial. Careful attention and strict control needs to be given to the balance sheet and to monitoring event expenses and revenues. • Weather. Asian destinations are constantly affected by adverse weather conditions such as flooding, typhoons and drought. • Security. Political unrest and terrorism can cause security concerns for participants, performers and VIPs. • Destination image. The degree of success or failure of an event can impact perceptions of destinations. • Food safety. Food poisoning or food tampering can affect anyone from guests. • Public utility failure. Electricity blackouts or brown-outs can occur, as well as disruptions to water supply. • Corruption. With the building of facilities for events or moving the event planning along, corruption may be discovered. This may receive press coverage. • Venue failure. Temporary or permanent structures may collapse. Participant capacity and crowd control. BID PROCESS • Can occur either for hosting an event for the first time or on a recurring basis. • Clients of corporate events look at criteria such as cost and budgets; background and experience of the event company • A bid document or event pitch should be persuasive and confidence-inspiring. • Endorsement letters and testimonials. Letters to government, sponsors and past clients can give further credibility to the bid. • City and destination profile. Can be beneficial to showcase the attractiveness of the city through its sights, friendly people… • Other events. In addition to location background, it can be attractive to have other events. • Economy. Value for money and exchange rates can be important decision-making criteria. • Venue. This should fit the requirements of the bid brief in terms of capacity, facilities, support services and other aspects. • Accommodation. Events can have official accommodation or participants can be given a list showing various price ranges and facilities. • Dining venues. Some visitors are content with food that they would normally have, while others look for more exotic or authentic cuisine. • Programme suggestions. Possible site trips, tour programmes and leisure pursuits can be suggested within the bid document. • Budget. Given ever-increasing budget concerns, while other factors in the bid document can be persuasive, the budget is normally a key issue. END OF Part 1 THANK YOU!