Tips on Budgeting

Module 6: Overview

  • Utilize a key in your Excel budget to easily update numbers when variables change, such as the number of attendees.
  • Create a summary sheet to present high-level budget figures to clients, keeping them out of detailed financial discussions.
  • Regularly update and review the budget, treating it as an integral part of your project management responsibilities.
  • Ensure your team provides budget updates consistently and schedule regular updates with the client.
  • Deliver the budget estimate to the client before the event, keeping them informed and setting expectations for potential changes on-site.
  • Include a contingency in the budget to account for unforeseen expenses or changes during the event.


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