Lesson
Event Budgeting: Contingency Planning
Summary
Explain the importance of contingency planning when budgeting for an event.
Activities
Bellringer: Prom Price Tag
- Based on a prom's given budget, how much will tickets need to be to break even?
Instruction
- Introduce the importance of contingency funds.
- Determine how large your contingency fund should be.
Discussion: Unexpected Scenarios
- Given a series of unexpected scenarios that dwarf your contingency fund, how would you solve the problem?
Activity: Continue Prompreneur Project
- Have students continue working on the Prompreneur Project in their groups.
Wrap-Up & Assessment
- Why is a contingency fund vital for event planning?
- How much should your contingency fund be?
| Est. Time | Activity | Description |
|---|---|---|
| 5 min | Bellringer: Prom Price Tag |
|
| 7 min | Instruction |
|
| 8 min | Discussion: Unexpected Scenarios |
|
| 20 min | Activity: Continue Prompreneur Project |
|
| 5 min | Wrap-Up & Assessment |
|
Lesson Prep
Prompreneur Project
Become your own prompreneur by managing the budget and logistics of the prom.
Class Presentation
Includes a 14-slide deck with teacher notes. Present from Banzai, download a PDF, or copy it to Google Slides.
Presentations, Ready to Go
- Built-in PresentationPresent full screen, straight from Banzai
- Copy to Google SlidesMake an editable copy for your class
- Download or PrintSave as a PDF or print
- Teacher NotesSlide-by-slide guidance, printable as one handout
Event Planning as Entrepreneurship
2
Event Budgeting: Breaking Even
Understand how to manage event planning expenses in order to break even.
3
Current Lesson
Event Budgeting: Contingency Planning
Explain the importance of contingency planning when budgeting for an event.
4
Prompreneur Project Work Time
After a quick bellringer and time for questions, students prepare to present on their proms.
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