Planning

    Contingency

    A backup plan or reserve budget set aside to cover unexpected problems during event planning or execution.


    A contingency budget is typically 10–15% of the total event budget, reserved for cost overruns, last-minute requirements, or equipment failures. A contingency plan covers operational scenarios — such as a speaker cancelling, weather forcing an indoor move, or a key vendor going under. Having both financial and operational contingency in place is a hallmark of professional event management.

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