Presentation

Control and Budgeting

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Course
HRM for the Tourism & Hospitality Industry

Institution
HRM For The Tourism & Hospitality Industry

Control and Budgeting presentation is about definition of control, elements and categories of control, control mechanism, examples of measurable gaps, control methods, budget, constructing a budget, budget process, process of constructing a budget, cash flow, costing, tips on reducing costs, revenu...

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Uploaded on April 6, 2022
Number of pages 25
Written in 2013/2014
Type Presentation
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control and budgeting
definition of control
control mechanism
control methods
budget
constructing a budget
budget process
process of cons
elements and categories of control
examples of measurable gaps

Course
HRM for the Tourism & Hospitality Industry

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HRM for the Tourism & Hospitality Industry Module

CA$ 307.01 CA$ 147.32 16 items

1. Other - How do hospitality and tourism organizations deal with work stress? assignment
2. Other - Assessment of the key hrm challenges that the tourism and hospitality organisation fa...
3. Presentation - Concept of hrm
4. Presentation - Introduction to human resource management
5. Presentation - The practice of human resource management
6. Presentation - Effective communication
7. Presentation - Team work
8. Presentation - Job analysis & design, planning, recruitment & selection
9. Presentation - Control and budgeting
10. Presentation - Orientation & socialisation
11. Presentation - Training & development
12. Presentation - Performance management & performance appraisal
13. Presentation - Social responsibility & ethics
14. Presentation - Health and safety
15. Presentation - Compensation and labour issues
16. Presentation - Turnover
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CONFERENCE &
EVENT MANAGEMENT
Control and Budgeting
Week 9

, What is control ?
 It consists of making sure that what happens
in an organisation is what is supposed to
happen.

 “the driving through of the plan, monitoring
what actually happens and making changes
as necessary” [(Slack et al. ’01) Bowdin et al. ’01]

– The control of an event can range from the event
manager simply walking the site and discussing
daily progress with staff, to implementing and
monitoring a detailed plan of responsibilities,
reports and budgets. 2

,  Control of any business involves comparing the
progress of all key functions against a
management plan to ensure that projected
outcomes are met.
 Event planning is effective only if plan is well
controlled – developing proper control
mechanisms – designed to keep the project on
course and return the project to plan if it
wanders.
 Control affects all elements of events
management e.g. logistics, HR & admin.
 Control is the process of coping with changes
that affects the plan and depends on effective
communication system.
 The choice of control mechanism is central to the
success of an event. 3

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