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Management
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English (U.S.)
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Topic:

Critical Event Management Functions

Essay Instructions:
Week 5 Assignment – Critical Event Management Functions Select a sport event that will occur within the next three months. The event can be any level (i.e., professional, amateur, youth, international, national, regional, local) but this sport event must have a website to verify its existence. Then, write a mini-essay (minimum of 750 words, approximately 3-4 pages excluding title and reference pages) detailing your responsibilities for each of the six (6) "Critical Event Management Functions" (i.e., see below) if you were to work on this event. For each, please explain how you would complete these responsibilities and improve upon existing protocols. Provide information in the following order (by using headings) within your mini-essay. Title page (stand alone page --- Page 1) Introduction (stand alone page --- Page 2) Provide the name of your sport event URL (web address) to your sport event’s website Overview - Background information (e.g., date, location) about your sport event Finance/Budgeting (Begin presenting information on the next Page after completing Introduction). For example, Introduction on Page 2 and the Finance/Budgeting information would begin on Page 3. Then complete the remaining requirements in consecutive paragraphs in the paper. Finance/Budgeting - The process of developing a written plan of revenues and expenses for a particular accounting cycle; the budget specifies available funds among the many purposes of an organization to control spending and achieve organizational goals. Risk Management - Protecting a business or organization from anything that could possibly go wrong and lead to a loss of revenue or customers; developing management strategy to prevent legal disputes from arising and to deal with them if they do occur. Event Operations - Pre-event, actual event, and post-event activities for staging an event. Registration System - A system for registering participants in events as well as collecting and disseminating the appropriate information. Volunteer Management - The supervision of volunteers involved with an event; it involves two areas (1) working with event organizers and staff to determine the tasks in which volunteers are needed as well as the quantity required and (2) soliciting, training, and managing volunteers. Event Marketing - The process of promoting and selling a sport or special event; it encompasses nine areas: sales of corporate sponsorship, advertising efforts, public relations activities, hospitality, ticket sales, broadcasting, website development and management, licensing/merchandising, and fund-raising. Consider the 4 P’s (i.e., Product, Price, Place, and Promotion) of the Marketing Mix for your sport event. Conclusion References (stand alone page --- Final Page of Document) Your mini-essay should include a minimum of three (3) references, be double-spaced, and remember to cite in-text where you use your references. Submission Directions: Please submit your assignment as an APA, current edition formatted, Microsoft Word document (.doc or .docx), not an Adobe .pdf, titled "Your Last Name Week 5 Assignment." For example, the document should be titled: Smith Week 5 Assignment. Please do not paste your assignment into the text box provided within each assignment. If you do not have access to Microsoft Office software, please see the announcement titled "Free Microsoft Office 365 Software for APUS Students," since all students have the ability to download free Microsoft 365 software, which includes Word, Excel, and PowerPoint, among others. Note: All assignments must be original; that is you must be the author, it must not have been used for any other course, and no part may have come from an external site such as Course Hero or have been created by AI. All of these examples are forms of plagiarism, will not be tolerated, and will result, at a minimum, of receiving a zero on the assignment. Please see the "Plagiarism and Honor Code Resources" button on the course home page for more information.
Essay Sample Content Preview:
Week 5 Assignment – Critical Event Management FunctionsSport Event: FIFA Club World Cup 2025 (USA) Author’s Name The Institutional Affiliation Course Number and Name Instructor Name Assignment Due Date Introduction By expanding its poor to 32 teams, the upcoming FIFA Club World Cup (FCWC) has taken its legacy and charm to the next level. Furthermore, with its venue spread across multiple cities within the United States (US), the event presents a significant opportunity for fan engagement. Certainly, the footfall and engagement resulting from the event are likely to have a prominent economic and social impact. This paper aims to articulate my plan for overseeing the event as an event manager, extending it into six critical functions that are discussed in detail as the discussion unfolds. Finance/Budgeting Being a mega event, FCWC requires a holistic approach to budgeting, which involves managing and efficiently allocating resources across different stadiums and cities. I will start by identifying key revenue streams, including ticket sales, earnings in terms of broadcasting rights, sponsorship contracts, and subsidies (Winfree, 2019). To ensure efficient revenue management across all streams, I recommend an AI-powered budget tracking software that facilitates real-time budget tracking. Besides, I will keep 12% of the total budget in contingency reserves that will be used to finance the emergent needs. Similarly, I will strive to encourage sourcing from local suppliers, even if it is a costlier option, to promote local demand and reputation (Greenwell et al., 2024). Hence, my budgeting plan is rooted in my commitment to sustainability and the economic landscape of my country in relation to the event. Risk Management My risk management strategy for the upcoming event is detailed in the table below: Risk Probability Mitigation Strategy Crowd control Moderate to high Use digital monitoring tools and deploy highly trained and responsive security personnel. Cybersecurity breach Low to moderate Hire cybersecurity experts to ensure robust security mechanisms and promote encrypted registration. Transportation disruption and delays Moderate Partner with local transit systems and have backup transport options in place. Power outage Extremely low Have power generators in place to provide a backup supply during the outage and train the team to swiftly handle such emergencies. Event Operations My role related to operations extends int...
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