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Event management is the application of project management to the creation and development of festivals, events and conferences. Event management involves studying the intricacies of the brand, identifying the target audience, devising the event concept, planning the logistics and coordinating the technical aspects before actually executing the modalities of the proposed event. Post-event analysis and ensuring a return on investment have become significant drivers for the event industry. The recent growth of festivals and events as an industry around the world means that the management can no longer be ad hoc. Events and festivals, such as the Asian Games, have a large impact on their communities and, in some cases, the whole country. The industry now includes events of all sizes from the Olympics down to a breakfast meeting for ten business people. Many industries, charitable organizations, and interest groups will hold events of some size in order to market themselves, build business relationships, raise money or celebrate.
PLANNING THE LOGISTICS & COORDINATING THE TECHNICAL ASPECTS BEFORE ACTUALLY EXECUTING THE MODALITIES OF THE PROPOSED EVENT.
The event which include the inclusion of large no countries should have proper technological arrangement and proper channel of logistics her includes the basic amenities of sports event material and transportation facilities to the peoples which did not create hassle for the peoples in the operation of the event. This type of event includes different types of coordinating machine which are helpful in judging time,relay time and speedometer etc which help in between the games. If condition of failure should also be assessed if not done properly then it can procrastinate the functioning of the program which will be miss management in the operation. The technology which were adopted in asiads were done by GE, Japans Kusimo, Indian Pentamide, and from Russian Gantwitz. These machine are of high end technology and are available there on lease basis which saved the money of Chinese government of excess money outflow. After the event they will can be used in other event too. Thus Chinese always try to decrease the cost by adopting the policy of lease on various technologies and not going in to purchase these but they have well diplomatic capabilities to compel and prepare legislation with companies to provide them on lease.
POST-EVENT ANALYSIS
The event in 2010 describes by the Reuters as one of the best Asian games ever management done by any country with so much of cost effective measure and providing error free technologies. The marketing technique,services technique, guest management, head of states management and every event coordination were best ever managed. Reuters described it as the Managed in China from Made in China. The promotion of event led to visit of every head of states of participating countries including Indian PM Dr.Manmohan Singh during his visit to China and External Affair Minister S.M.Krishna. The event programs scheduled were on time and not even a single program was delayed. Every operation showed the resilence power of Chinese economy and their strength which they showed in managing the larger part in 2008 as Bejing Olympic. Here to they showed same stature in managing the event. The analysis of the event by different agencies provided the rating of 4.7 to the event management and some problem occurred in the location of Yangzte river which they termed as an natural consequences not a problem on the part of Chinese and organizing committee. The overall performance in the event is excellent and an best ever managed Asian games from 1951.