D2 – Evaluate and justify the feasibility plan, tools, budget and risk, making any
required contingency adjustments.
We have this event as we believe that it is more unique and budget friendly. It may attract
customers more as it is entertainment based, and people will have more enjoyment. The
reason why hadn’t picked a charity bake sale is because we think that it will cost a lot and
plus it is a very common choice, and we would have more competition. We chose not to do
a diversity event as we believe that not many people in our college would show their
interest to that sort of events but more of bake sales themed or entrainment theme events.
We had to change our event to a jewellery store, this event we thought it was a more
unique idea as the most common event was to do a food sale. We have also chosen to do a
jewellery sale as we thought that it is better thought of because with jewellery you can wear
it but with other events such as food after eating it, you can’t do anything with it anymore.
The reason why hadn’t picked a charity bake sale is because we think that it will cost a lot
and plus it is a very common choice, and we would have more competition. We chose not
to do a diversity event as we believe that not many people in our college would show their
interest to that sort of events but more of bake sales themed or entrainment theme events.
SWOT ANALYSIS
Strengths
- Unique = more audience will be attracted
- Less competition = as it is unique we won’t have any competitors from the
same style of event
- Budget friendly
- Location = it is easy to access as the venue will be the college
Weaknesses
- Weather = the weather may be an issue as it is an outdoor event the event may
be disrupted
- Limited audience = since it is unique it may not attract the audience as much
and not be as appealing therefore limiting ticket sales
Opportunities
- Resources = the college will provide resources such as card machines, tables,
chairs etc so that our budget will be within our budget, and we won’t need to
spend so much
, Threats
- Health and safety concerns = someone may get hurt or any spills happening
can cause the attendees to not want to come
- Negative feedback = as it is unique it may be too unique causing people not to
enjoy the event
SWOT ANALYSIS
Strengths
- Unique = more audience will be attracted
- Less competition = as it is unique we won’t have any competitors from the
same style of event
- Budget friendly
- Location = it is easy to access as the venue will be the college
- We will offering different and diverse types of jewellery styles to cater to
various preferences
Weaknesses
- Some people may not like it or have the specific type of jewellery they are
looking for
- Custom pieces may take longer to make
- The budget is out of the given budget we were given
Opportunities
- The tables and other resources will be provided by the college, and we must
buy the supply so we can take the advantage of the resources the college will
provide.
Threats
- Health and safety = people tripping over tables or jewellery not being placed
correctly making it fall over the table
- People may not want to spend that much
- Competiton
I believe that this event is fairly feasible, however there is a chance we may need to change
our event. The reason we may need to change the event is because of it not being
successful. However, why it could be fairly feasible is because there are different strengths
required contingency adjustments.
We have this event as we believe that it is more unique and budget friendly. It may attract
customers more as it is entertainment based, and people will have more enjoyment. The
reason why hadn’t picked a charity bake sale is because we think that it will cost a lot and
plus it is a very common choice, and we would have more competition. We chose not to do
a diversity event as we believe that not many people in our college would show their
interest to that sort of events but more of bake sales themed or entrainment theme events.
We had to change our event to a jewellery store, this event we thought it was a more
unique idea as the most common event was to do a food sale. We have also chosen to do a
jewellery sale as we thought that it is better thought of because with jewellery you can wear
it but with other events such as food after eating it, you can’t do anything with it anymore.
The reason why hadn’t picked a charity bake sale is because we think that it will cost a lot
and plus it is a very common choice, and we would have more competition. We chose not
to do a diversity event as we believe that not many people in our college would show their
interest to that sort of events but more of bake sales themed or entrainment theme events.
SWOT ANALYSIS
Strengths
- Unique = more audience will be attracted
- Less competition = as it is unique we won’t have any competitors from the
same style of event
- Budget friendly
- Location = it is easy to access as the venue will be the college
Weaknesses
- Weather = the weather may be an issue as it is an outdoor event the event may
be disrupted
- Limited audience = since it is unique it may not attract the audience as much
and not be as appealing therefore limiting ticket sales
Opportunities
- Resources = the college will provide resources such as card machines, tables,
chairs etc so that our budget will be within our budget, and we won’t need to
spend so much
, Threats
- Health and safety concerns = someone may get hurt or any spills happening
can cause the attendees to not want to come
- Negative feedback = as it is unique it may be too unique causing people not to
enjoy the event
SWOT ANALYSIS
Strengths
- Unique = more audience will be attracted
- Less competition = as it is unique we won’t have any competitors from the
same style of event
- Budget friendly
- Location = it is easy to access as the venue will be the college
- We will offering different and diverse types of jewellery styles to cater to
various preferences
Weaknesses
- Some people may not like it or have the specific type of jewellery they are
looking for
- Custom pieces may take longer to make
- The budget is out of the given budget we were given
Opportunities
- The tables and other resources will be provided by the college, and we must
buy the supply so we can take the advantage of the resources the college will
provide.
Threats
- Health and safety = people tripping over tables or jewellery not being placed
correctly making it fall over the table
- People may not want to spend that much
- Competiton
I believe that this event is fairly feasible, however there is a chance we may need to change
our event. The reason we may need to change the event is because of it not being
successful. However, why it could be fairly feasible is because there are different strengths
