introsPECtives



Budget? Budget? Who knows the Budget?

One of the most challenging aspects of being an event planner is getting the budget from your clients. Over the years we have come to realize that our clients fall into two distinct categories: One who tells us their bottom line budget and really means it. Not a penny more and hopefully you can work a miracle and it will be less. Then there are those that will tell you a budget but actually give you a budget that is 10-15% less than what they really have to spend.

At Premier Event Connection we work really hard to stick within whatever budget our clients give us. So much so that we will spend hours trying to get things into budget, figuring out ways to cut things but keep the integrity of the event concept. We have almost made ourselves sick over budget numbers because we take it so seriously. Some of our long time clients, have learned this about us and trust us implicitly with their budgets and still there are some that play what we call the budget game.

You cannot even imagine what it is like to spend hours stressing over a budget, unable to lower it any more, present it to your client and have them say, “That’s great – and can we add (whatever they have thought of in the moment). Not even batting an eyelash at the numbers you have been agonizing over. You get this influx of relief that you have not disappointed them and they are happy with your proposal of costs but it’s mixed with this frustration that they couldn’t just tell you what they really have to spend and trust you aren’t going to gouge them.

Regardless, sticking within the budget that your clients’ give you is one of the most important aspects to being a project manager and you need to become a Budget Nazi, not matter which type of client you are dealing with.

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