Introduction to event

3.5.2 Criteria in Budget Development
To develop the budget, the applicable cost factors associated with event tasks are 
identified. The development of costs for each task should be simple and direct and 
consist of manpower, material, and other direct costs. The cost of performing a task 
is directly related to the personnel assigned to the task, the duration of the task, and 
the cost of any non-labour items required by the task. Resource requirements 
involve determining 
what 
resources 
(people, equipment, 
services, 
and 
material) and the 
quantities of those 
resources 
are 
required to complete 
the 
event. 
The 
events, 
scope 
statement, historical 
information, 
resource 
information, 
and 
policies are inputs 
used to determine 
the resources for the 
event. The main output is a list of resource requirements that provide the basis for 
budget estimating and budget controls, and provide valuable information to the event 

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Event Management HM-402 
Uttarakhand Open University 
51 
resource management process. There various types of heads in which event cost can 
be grouped are as follows:
a. Human Resources: These include consulting services; consist of the right 
people with the expertise and skills needed to complete the activities on the 
event schedule. People may come from the organization, or hired for the 
duration of the event. People skills also include consultants who bring a high 
level technical expertise that is not found in the organization or in the local 
labour market. The event will develop a list of the human resource 
requirements detailing the expertise level, areas of experience, education and 
language requirements. This information will be used in the Resource 
management process to acquire or contract the right people.